Company / Shareholders' Equity
BASANITE, INC. Shareholders' Equity History
FY2011-FY2018 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
-$2.3M
FY2018
5-year range
-$2.3M / -$180.4K
FY2014-FY2018
Trend
-1154.1%
vs FY2017
Sector context
Sector data unavailable
Latest sector comparison
What the data says
BASANITE, INC. reports negative total equity of -$2M in FY2018. 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.
-$2M in FY2018.
Declined from -$2M to -$2M over the past 2 years.
Shareholders' Equity over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2018, shareholders' equity decreased 1154.1% year-over-year.
- Peak shareholders' equity was recorded in FY2011.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -65.43 (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 |
|---|---|---|
| FY2018 | -$2.3M | -1154.1% |
| FY2017 | -$180.4K | +91.1% |
| FY2016 | -$2.0M | -49.2% |
| FY2015 | -$1.4M | -25.3% |
| FY2014 | -$1.1M | +13.7% |
| FY2013 | -$1.3M | -350.7% |
| FY2012 | -$277.4K | -397.6% |
| FY2011 | -$55.7K | - |
As of FY2018 · SEC Form 10-K · Last checked Jun 29, 2026