Company / Shareholders' Equity
SEAFARER EXPLORATION CORP Shareholders' Equity History
FY2019-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
-$1.6M
FY2023
5-year range
-$1.6M / -$206.5K
FY2019-FY2023
Trend
-9.7%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
SEAFARER EXPLORATION CORP reports negative total equity of -$2M 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.
-$2M in FY2023.
Declined from -$947,014 to -$2M over the past 3 years.
Shareholders' Equity over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- SEAFARER EXPLORATION CORP's shareholders' equity has declined for 3 consecutive years.
- In FY2023, shareholders' equity decreased 9.7% year-over-year.
Company context
Key Data Points
- Altman Z-Score -38.85 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Shareholders' EquityValue | YoY GrowthYoY |
|---|---|---|
| FY2023 | -$1.6M | -9.7% |
| FY2022 | -$1.5M | -57.9% |
| FY2020 | -$947.0K | -358.5% |
| FY2019 | -$206.5K | - |
As of FY2023 · SEC 10-K · Updated Jun 29, 2026