According to Sumeet Industries latest financial reports the total debt is $4.92M, an increase of 150.57% to 2022. At the end of 2022 company had $1.96M total debt. This figure represents the debts and financial obligations that Sumeet Industries 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 | $4.92M | 150.57% |
2022 | $1.96M | 746.86% |
2021 | $231.71K | -79.85% |
2020 | $1.15M | -88.84% |
2019 | $10.30M | - |