Company / Interest Expense
Right On Brands, Inc. Interest Expense History
FY2016-FY2022 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$11.8K
FY2022
5-year range
$11.8K / $96.2K
FY2018-FY2022
Trend
-54.2%
vs FY2021
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Interest Expense has declined for 4 consecutive years, from $459,062 in FY2018 to $11,750 in FY2022.
Based on SEC 10-K filings.
$11,750 in FY2022 with a 3-year CAGR of -50.4%.
Improved from $80,253 to $11,750 over the past 2 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -50.4%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- Right On Brands, Inc.'s interest expense has declined for 4 consecutive years.
- 3-year CAGR of -50.4%, indicating a declining trend.
- In FY2022, interest expense decreased 54.2% year-over-year.
- Peak interest expense was recorded in FY2018.
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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2023 | - | - |
| FY2022 | $11.8K | -54.2% |
| FY2021 | $25.6K | -68.1% |
| FY2020 | $80.3K | -16.5% |
| FY2019 | $96.2K | -79.1% |
| FY2018 | $459.1K | +8642.3% |
| FY2017 | -$5.4K | -337.4% |
| FY2016 | $2.3K | - |
| FY2015 | - | - |
| FY2014 | - | - |
As of FY2022 · SEC 10-K · Updated Jun 29, 2026