According to The Colonial Motor Company latest financial reports the total debt is $28.13M, an increase of 76.04% to 2022. At the end of 2022 company had $15.98M total debt. This figure represents the debts and financial obligations that The Colonial Motor Company 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 | $28.13M | 76.04% |
2022 | $15.98M | 65.00% |
2021 | $9.68M | 18.46% |
2020 | $8.18M | - |