According to Merit Group latest financial reports the total debt is $3.36M, an decrease of -61.22% to 2022. At the end of 2022 company had $8.67M total debt. This figure represents the debts and financial obligations that Merit 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 | $3.36M | -61.22% |
2022 | $8.67M | -25.85% |
2021 | $11.69M | 14.88% |
2020 | $10.18M | - |