Company / Shareholders' Equity
Right On Brands, Inc. Shareholders' Equity History
FY2014-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
-$521.5K
FY2023
5-year range
-$2.2M / -$521.5K
FY2019-FY2023
Trend
+11.7%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Right On Brands, Inc. reports negative total equity of -$521,496 in FY2023. 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.
-$521,496 in FY2023.
Improved from -$1M to -$521,496 over the past 2 years.
Shareholders' Equity over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- Right On Brands, Inc.'s shareholders' equity has grown for 3 consecutive years.
- In FY2023, shareholders' equity increased 11.7% year-over-year.
- Peak shareholders' equity was recorded in FY2018.
- Lowest shareholders' equity in the period was in FY2020.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -66.68 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Shareholders' EquityValue | YoY GrowthYoY |
|---|---|---|
| FY2023 | -$521.5K | +11.7% |
| FY2022 | -$590.4K | +58.8% |
| FY2021 | -$1.4M | +34.3% |
| FY2020 | -$2.2M | -26.1% |
| FY2019 | -$1.7M | -158.1% |
| FY2018 | $3.0M | +3211.2% |
| FY2017 | $90.0K | +208.7% |
| FY2016 | -$82.8K | -48.2% |
| FY2015 | -$55.8K | -468.5% |
| FY2014 | $15.2K | - |
As of FY2023 · SEC 10-K · Updated Jun 29, 2026