Southern States Bancshares (SSBK)

Total debt on the balance sheet as of June 2024 : ₹11.55 Billion

According to Southern States Bancshares's latest financial reports the company's total debt is ₹11.55 Billion. A company’s total debt is the sum of all current and non-current debts.

Southern States Bancshares - Total debt on balance sheet (from 2020 to 2024)

Total debt by year

Year	Total debt	Change
2022-12-31	₹9.70 B	239.17%
2021-12-31	₹2.86 B	-9.77%
2020-12-31	₹3.17 B	256.9%
2019-12-31	₹0.88 B

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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Southern States Bancshares (SSBK) - Total debt