Company / Shareholders' Equity
1606 CORP. Shareholders' Equity History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
-$3.2M
FY2025
5-year range
-$3.2M / -$217.5K
FY2021-FY2025
Trend
-46.8%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
1606 CORP. reports negative total equity of -$3M in FY2025. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-$3M in FY2025.
Declined from -$1M to -$3M over the past 2 years.
Shareholders' Equity over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 1606 CORP.'s shareholders' equity has declined for 4 consecutive years.
- In FY2025, shareholders' equity decreased 46.8% year-over-year.
- Peak shareholders' equity was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score -672.49 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Shareholders' EquityValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$3.2M | -46.8% |
| FY2024 | -$2.2M | -55.2% |
| FY2023 | -$1.4M | -137.8% |
| FY2022 | -$595.1K | -173.6% |
| FY2021 | -$217.5K | - |
As of FY2025 · SEC Form 10-K · Last checked Jun 29, 2026