According to Bank of Innovation latest financial reports the total debt is $1.27M, an decrease of -67.39% to 2022. At the end of 2022 company had $3.89M total debt. This figure represents the debts and financial obligations that Bank of Innovation combine short-term debt, long-term debt, and other fixed payment obligations (such as capital leases) of a business that are incurred while under normal operating cycles.
Year | Total debt | Change |
---|---|---|
2023 | $1.27M | -67.39% |
2022 | $3.89M | -43.41% |
2021 | $6.87M | -1.98% |
2020 | $7.01M | 60.15% |
2019 | $4.38M | 46.70% |
2018 | $2.99M | - |