According to Ritco Logistics latest financial reports the total debt is $2.13M, an increase of 82.77% to 2022. At the end of 2022 company had $1.16M total debt. This figure represents the debts and financial obligations that Ritco Logistics 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 | $2.13M | 82.77% |
2022 | $1.16M | -61.76% |
2021 | $3.05M | -39.63% |
2020 | $5.05M | -16.30% |
2019 | $6.03M | - |