According to Sugarmade latest financial reports the total debt is $5.80M, an decrease of -4.12% to 2022. At the end of 2022 company had $6.05M total debt. This figure represents the debts and financial obligations that Sugarmade 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 | $5.80M | -4.12% |
2022 | $6.05M | 3.40% |
2021 | $5.85M | 505.53% |
2020 | $965.67K | - |