According to VersaBank latest financial reports the total debt is $81.25M, an increase of 1.10% to 2022. At the end of 2022 company had $80.37M total debt. This figure represents the debts and financial obligations that VersaBank 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 | $81.25M | 1.10% |
2022 | $80.37M | 14.85% |
2021 | $69.98M | 469.88% |
2020 | $12.28M | -56.29% |
2019 | $28.09M | -11.37% |
2018 | $31.70M | - |