BANTEC INC closed fiscal year 2023 with $496K in total assets, $17.8M in total liabilities and -$17.3M in shareholder equity. This represents a decrease of 32.9% from the prior fiscal year. The table below carries 8 fiscal years, from 2016 to 2023, and the quarters BANTEC INC has filed alongside them.
Annual figures, oldest first. Point at a bar to read its period.
BANT Balance Sheet by Fiscal Year
Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.
| Metric | FY2310-K | FY2210-K | FY2110-K | FY2010-K | FY1910-K | FY1810-K | FY1710-K | FY1610-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $496K-32.9% | $739K-49.3% | $1.5M+96.6% | $741K-31.7% | $1.1M-82.4% | $6.2M+2.4% | $6.0M-16.5% | $7.2M |
| Total Liabilities | $17.8M+2.5% | $17.3M+6.6% | $16.3M-13.0% | $18.7M+16.9% | $16.0M+4.4% | $15.3M+23.3% | $12.4M+56.5% | $7.9M |
| Total Equity | -$17.3M-4.1% | -$16.6M-12.0% | -$14.8M+17.5% | -$17.9M-20.5% | -$14.9M-62.7% | -$9.2M-42.9% | -$6.4M-766.8% | -$739K |
BANT Balance Sheet by Quarter
Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K | Q3'2210-Q | Q2'2210-Q | Q1'2210-Q | Q4'2110-K |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $400K-26.4% | $605K+48.6% | $645K+95.2% | $496K-32.9% | $544K-35.1% | $407K-55.3% | $331K-72.8% | $739K-49.3% | $838K+67.1% | $910K+34.8% | $1.2M+179.0% | $1.5M+96.6% |
| Total Liabilities | $19.6M+2.4% | $19.3M+5.3% | $18.4M+5.0% | $17.8M+2.5% | $19.2M+16.8% | $18.4M+12.8% | $17.5M+6.9% | $17.3M+6.6% | $16.4M-1.3% | $16.3M-0.8% | $16.4M-5.2% | $16.3M-13.0% |
| Total Equity | -$19.2M-3.3% | -$18.7M-4.3% | -$17.8M-3.2% | -$17.3M-4.1% | -$18.6M-19.6% | -$18.0M-16.8% | -$17.2M-13.3% | -$16.6M-12.0% | -$15.6M+3.4% | -$15.4M+2.4% | -$15.2M+9.9% | -$14.8M+17.5% |
What total assets means
Total assets is everything the company owns on the balance sheet date, total liabilities is everything it owes, and the difference between them is the equity that belongs to shareholders.
More BANTEC INC financials
Frequently Asked Questions
What was BANTEC INC's total assets in fiscal year 2023?
BANTEC INC closed fiscal year 2023 with $496K in total assets, $17.8M in total liabilities and -$17.3M in shareholder equity.
How fast is BANTEC INC's total assets growing?
BANTEC INC (BANT) total assets fell by 32.9% year over year, from $739K to $496K in fiscal year 2023.
How has BANTEC INC's total assets changed over the years?
Across the 8 fiscal years this page covers, BANTEC INC (BANT) total assets went from $7.2M in fiscal year 2016 to $496K in fiscal year 2023.
What was BANTEC INC's total assets in the most recent quarter?
BANTEC INC (BANT) reported $400K in total assets in Q3 2024. This represents a decrease of 26.4% from the same quarter a year earlier.
What does total assets mean on a financial statement?
Total assets is everything the company owns on the balance sheet date, total liabilities is everything it owes, and the difference between them is the equity that belongs to shareholders. This page lists what BANTEC INC (BANT) reported on that line in every period on record.