According to Elite Pharmaceuticals latest financial reports the total debt is $3.56M, an increase of 60.08% to 2022. At the end of 2022 company had $2.22M total debt. This figure represents the debts and financial obligations that Elite Pharmaceuticals 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 | $3.56M | 60.08% |
2022 | $2.22M | 25.02% |
2021 | $1.78M | -9.55% |
2020 | $1.97M | -40.86% |
2019 | $3.33M | - |