Company / Shareholders' Equity
Greater Cannabis Company, Inc. Shareholders' Equity History
FY2017-FY2022 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
-$544.8K
FY2022
5-year range
-$1.5M / -$279.8K
FY2018-FY2022
Trend
-16.2%
vs FY2021
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Greater Cannabis Company, Inc. reports negative total equity of -$544,830 in FY2022. 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.
-$544,830 in FY2022.
Declined from -$279,788 to -$544,830 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 FY2022, shareholders' equity decreased 16.2% year-over-year.
- Peak shareholders' equity was recorded in FY2020.
- Lowest shareholders' equity in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score -16.62 (distress zone, below 1.23 threshold)
- Piotroski F-Score: 2/9 criteria passed
- 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 |
|---|---|---|
| FY2022 | -$544.8K | -16.2% |
| FY2021 | -$469.1K | -67.6% |
| FY2020 | -$279.8K | +81.9% |
| FY2019 | -$1.5M | -174.3% |
| FY2018 | -$563.8K | -49.6% |
| FY2017 | -$377.0K | - |