According to VIP Industries latest financial reports the total debt is $15.47M, an decrease of -5.20% to 2022. At the end of 2022 company had $16.31M total debt. This figure represents the debts and financial obligations that VIP 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 | $15.47M | -5.20% |
2022 | $16.31M | -14.93% |
2021 | $19.18M | -10.46% |
2020 | $21.42M | - |