According to Hi-Tech Pipes latest financial reports the total debt is $11.21M, an decrease of -35.98% to 2022. At the end of 2022 company had $17.51M total debt. This figure represents the debts and financial obligations that Hi-Tech Pipes 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 | $11.21M | -35.98% |
2022 | $17.51M | 26.43% |
2021 | $13.85M | 30.58% |
2020 | $10.61M | 24.08% |
2019 | $8.55M | - |