According to Orient Electric latest financial reports the total debt is $7.95M, an increase of 76.64% to 2022. At the end of 2022 company had $4.50M total debt. This figure represents the debts and financial obligations that Orient Electric 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 | $7.95M | 76.64% |
2022 | $4.50M | 9.35% |
2021 | $4.11M | -19.75% |
2020 | $5.13M | 71.50% |
2019 | $2.99M | - |