According to Universal Security Instruments latest financial reports the total debt is $172.07K, an decrease of -48.70% to 2022. At the end of 2022 company had $335.41K total debt. This figure represents the debts and financial obligations that Universal Security Instruments 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 | $172.07K | -48.70% |
2022 | $335.41K | -68.98% |
2021 | $1.08M | 531.98% |
2020 | $171.12K | - |