According to Car Mate Mfg. latest financial reports the total debt is $6.26M, an decrease of -28.23% to 2022. At the end of 2022 company had $8.73M total debt. This figure represents the debts and financial obligations that Car Mate Mfg. 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 | $6.26M | -28.23% |
2022 | $8.73M | 22.77% |
2021 | $7.11M | -15.13% |
2020 | $8.37M | -11.85% |
2019 | $9.50M | - |