According to Royal Orchid Hotels latest financial reports the total debt is $16.77M, an increase of 5.69% to 2022. At the end of 2022 company had $15.87M total debt. This figure represents the debts and financial obligations that Royal Orchid Hotels 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 | $16.77M | 5.69% |
2022 | $15.87M | -5.54% |
2021 | $16.80M | 3.97% |
2020 | $16.15M | 52.84% |
2019 | $10.57M | - |