According to Culp latest financial reports the total debt is $3.61M, an decrease of -48.85% to 2022. At the end of 2022 company had $7.06M total debt. This figure represents the debts and financial obligations that Culp 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 | $3.61M | -48.85% |
2022 | $7.06M | 3.53% |
2021 | $6.82M | -78.53% |
2020 | $31.77M | 4606.07% |
2019 | $675.00K | - |