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Capital management (Tables)
12 Months Ended
Dec. 31, 2024
Capital Management  
Schedule of Debt to Capital Ratio

The debt to capital ratios as of December 31, 2024 and 2023 were as follows:

  

   As of   As of 
   December 31, 2024   December 31, 2023 
Total borrowings  $10,037,520   $7,945,127 
Less: Cash and cash equivalents   (649,106)   (559,462)
Net debt   9,388,414    7,385,665 
Total equity   12,999,263    11,852,248 
Total capital  $22,387,677   $19,237,913 
Gearing ratio   42%   38%