According to HBL Power Systems latest financial reports the total debt is $5.31M, an increase of 16.76% to 2022. At the end of 2022 company had $4.55M total debt. This figure represents the debts and financial obligations that HBL Power Systems 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 | $5.31M | 16.76% |
2022 | $4.55M | 89.99% |
2021 | $2.40M | 126.51% |
2020 | $1.06M | 20.03% |
2019 | $880.93K | - |