According to Bank of Innovation latest financial reports the total debt is $1.18M, an decrease of -67.39% to 2022. At the end of 2022 company had $3.61M 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 | $1.18M | -67.39% |
2022 | $3.61M | -43.41% |
2021 | $6.38M | -1.98% |
2020 | $6.51M | 60.15% |
2019 | $4.06M | 46.70% |
2018 | $2.77M | - |