According to Marks Electrical Group latest financial reports the total debt is $623.99K, an decrease of -64.27% to 2022. At the end of 2022 company had $1.75M total debt. This figure represents the debts and financial obligations that Marks Electrical Group 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 | $623.99K | -64.27% |
2022 | $1.75M | -23.29% |
2021 | $2.28M | 0.70% |
2020 | $2.26M | -4.62% |
2019 | $2.37M | - |