My City Builders Net Debt Growth & History (MYCB)

My City Builders's net debt was $1.4M for fiscal 2024.

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My City Builders annual net debt history

My City Builders annual net debt

Fiscal yearPeriod endedNet debtChangeGrowth
20242024-07-31$1.4M
20212021-07-31$499,335$360+0.07%
20202020-07-31$498,975$163,004+48.52%
20192019-07-31$335,971$299,004+808.84%
20182018-07-31$36,967

My City Builders net debt trends

Over the last five fiscal years, My City Builders's net debt increased from $335,971 to $1.4M, a change of $1.0M. The latest reported quarter, Q3 2026, shows $347,079.

About the metric

What net debt means

Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.

Calculation and source

How net debt is calculated

TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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