According to Swelect Energy Systems latest financial reports the total debt is $27.82M, an increase of 25.87% to 2022. At the end of 2022 company had $22.10M total debt. This figure represents the debts and financial obligations that Swelect Energy Systems 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 | $27.82M | 25.87% |
2022 | $22.10M | 22.51% |
2021 | $18.04M | 255.61% |
2020 | $5.07M | 47.74% |
2019 | $3.43M | - |