According to Hanover Bancorp latest financial reports the total debt is $215.37M, an increase of 70.49% to 2022. At the end of 2022 company had $126.32M total debt. This figure represents the debts and financial obligations that Hanover Bancorp 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 | $215.37M | 70.49% |
2022 | $126.32M | -31.41% |
2021 | $184.16M | 83.90% |
2020 | $100.14M | - |