Company / Shareholders' Equity
Resonate Blends, Inc. Shareholders' Equity History
FY2014-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
-$3.2M
FY2024
5-year range
-$3.2M / -$84.2K
FY2020-FY2024
Trend
-49.8%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Resonate Blends, Inc. reports negative total equity of -$3M in FY2024. 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 FY2024.
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
- Resonate Blends, Inc.'s shareholders' equity has declined for 4 consecutive years.
- In FY2024, shareholders' equity decreased 49.8% year-over-year.
- Peak shareholders' equity was recorded in FY2018.
Company context
Key Data Points
- Altman Z-Score -16.83 (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 | -$3.2M | -49.8% |
| FY2023 | -$2.1M | -86.2% |
| FY2022 | -$1.1M | -95.3% |
| FY2019 | -$587.2K | -597.2% |
| FY2018 | -$84.2K | +82.2% |
| FY2017 | -$473.2K | +61.9% |
| FY2016 | -$1.2M | -12.8% |
| FY2015 | -$1.1M | -183.9% |
| FY2014 | -$387.8K | - |