According to Micro-Mechanics latest financial reports the total debt is $781.30K, an increase of 53.93% to 2022. At the end of 2022 company had $507.59K total debt. This figure represents the debts and financial obligations that Micro-Mechanics 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 | $781.30K | 53.93% |
2022 | $507.59K | -50.90% |
2021 | $1.03M | 48.80% |
2020 | $694.77K | -6.93% |
2019 | $746.51K | - |