Orbit Communication Systems (ORBI.TA)

Total debt on the balance sheet as of June 2024 : $8.84 M

According to Orbit Communication Systems 's latest financial reports the company's total debt is $8.84 M. A company’s total debt is the sum of all current and non-current debts.

Orbit Communication Systems - Total debt on balance sheet (from 2022 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	$10.07 M	-8.61%
2022-12-31	$11.01 M	-1.69%
2021-12-31	$11.2 M	103.38%
2020-12-31	$5.51 M	-31.71%
2019-12-31	$8.07 M	28.3%
2018-12-31	$6.29 M	-18.79%
2017-12-31	$7.74 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Orbit Communication Systems (ORBI.TA) - Total debt