Company / Shareholders' Equity
FORGE INNOVATION DEVELOPMENT CORP. Shareholders' Equity History
FY2017-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
$1.1M
FY2024
5-year range
-$91.3K / $2.3M
FY2020-FY2024
Trend
-54.6%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Shareholders' Equity has fluctuated over the past 8 years, ranging from -$91,339 in FY2022 to $2M in FY2023.
Based on SEC 10-K filings.
$1M in FY2024 with a 5-year CAGR of +15.0%.
Improved from -$91,339 to $1M over the past 2 years.
Shareholders' Equity over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- +15.0%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +15.0%, indicating consistent growth.
- In FY2024, shareholders' equity decreased 54.6% year-over-year.
- Peak shareholders' equity was recorded in FY2023.
- Lowest shareholders' equity in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score -0.35 (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Shareholders' EquityValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $1.1M | -54.6% |
| FY2023 | $2.3M | +2645.8% |
| FY2022 | -$91.3K | -59.6% |
| FY2021 | -$57.2K | -127.9% |
| FY2020 | $205.2K | -60.9% |
| FY2019 | $525.3K | -35.0% |
| FY2018 | $808.7K | +0.1% |
| FY2017 | $808.1K | - |