OLB Group, Inc. Long Term Debt (Total)

Long Term Debt (Total) of OLB for past 10 years: annual, quarterly and twelve month trailing (TTM) including Long Term Debt (Total) growth rates and interactive chart. Long-term debt is debt that matures in more than one year. The sum of long-term bank loans, debentures or bonds outstanding. Refers to interest-bearing debt. An indebted company pays interest on its debt, which is recorded on the income statement and reduces net income to common shareholders. Long-term debt is used in ratios lke Debt/Equity or Debt/Assets to determine the financial health of a business.


Highlights and Quick Summary

  • Long Term Debt (Total) for the quarter ending December 30, 2020 was $7.63 Million (a -6.12% decrease compared to previous quarter)
  • Year-over-year quarterly Long Term Debt (Total) decreased by -36.97%
  • Annual Long Term Debt (Total) for 2020 was $7.63 Million (a -37.36% decrease from previous year)
  • Annual Long Term Debt (Total) for 2019 was $12.2 Million (a -2.6% decrease from previous year)
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Historical Long Term Debt (Total) of OLB Group, Inc.

Most recent Long Term Debt (Total)of OLB including historical data for past 10 years.

Interactive Chart of Long Term Debt (Total) of OLB Group, Inc.

OLB Group, Inc. Long Term Debt (Total) for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $7.63 $8.12 $11.45 $12.1 $7.63
2019 $12.18 $12.18
2018 $12.5 $12.5

Business Profile of OLB Group, Inc.

Sector: Technology
Industry: Software—Application
The OLB Group, Inc. operates as a FinTech and payment facilitator company in the United States. It offers OmniSoft, a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses; eVance, a payment processing solution; SecurePay, a payment gateway and virtual terminal with proprietary business management tools; and CrowdPay.us, a white label capital raising platform. The company also operates ShopFast, a cloud-based omni-channel softwares. In addition, it provides ecommerce development and consulting services. The company was incorporated in 1993 and is headquartered in New York, New York.