According to Morarjee Textiles latest financial reports the total debt is $7.15M, an decrease of -61.49% to 2022. At the end of 2022 company had $18.56M total debt. This figure represents the debts and financial obligations that Morarjee Textiles 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 | $7.15M | -61.49% |
2022 | $18.56M | -27.19% |
2021 | $25.49M | -8.05% |
2020 | $27.73M | -25.90% |
2019 | $37.41M | - |