According to Happy Forgings latest financial reports the total debt is $6.94M, an decrease of -21.43% to 2022. At the end of 2022 company had $8.83M total debt. This figure represents the debts and financial obligations that Happy Forgings 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 | $6.94M | -21.43% |
2022 | $8.83M | 146.85% |
2021 | $3.58M | - |