According to Magyar Bancorp latest financial reports the total debt is $25.13M, an increase of 60.84% to 2022. At the end of 2022 company had $15.63M total debt. This figure represents the debts and financial obligations that Magyar 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 | $25.13M | 60.84% |
2022 | $15.63M | -33.10% |
2021 | $23.36M | -65.35% |
2020 | $67.41M | 86.27% |
2019 | $36.19M | 1.87% |
2018 | $35.52M | - |