Bantec, Inc. financial data

Symbol
BANT on OTC
Location
Little Falls, NJ
Fiscal year end
30 September
Latest financial report
10-Q - Q2 2024 - 19 Aug 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 4.5% % 73%
Quick Ratio 1.7% % 266%
Debt-to-equity -100% % -1.2%
Return On Assets -367% % 36%
Operating Margin -51% % 5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 53,508,254 shares 665%
Common Stock, Shares, Outstanding 49,623,830 shares 609%
Common Stock, Value, Issued $4,961 USD 610%
Weighted Average Number of Shares Outstanding, Basic 19,784,717 shares 183%
Weighted Average Number of Shares Outstanding, Diluted 19,784,717 shares 183%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $2,983,117 USD 8%
Operating Income (Loss) $1,519,640 USD -2.6%
Nonoperating Income (Expense) $447,429 USD 68%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1,967,069 USD 32%
Net Income (Loss) Attributable to Parent $1,967,069 USD 32%
Earnings Per Share, Basic 0 USD/shares 87%
Earnings Per Share, Diluted 0 USD/shares 87%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $9,962 USD -77%
Accounts Receivable, after Allowance for Credit Loss, Current $155,623 USD -42%
Inventory, Net $97,000 USD 76%
Assets, Current $302,264 USD -25%
Property, Plant and Equipment, Net $2,368 USD 62%
Operating Lease, Right-of-Use Asset $95,461 USD -32%
Assets $400,093 USD -26%
Accounts Payable, Current $2,254,716 USD -15%
Accrued Liabilities, Current $4,082,611 USD -31%
Liabilities, Current $10,133,987 USD -45%
Operating Lease, Liability, Noncurrent $49,958 USD -50%
Liabilities $19,155,355 USD 2.3%
Retained Earnings (Accumulated Deficit) $39,852,981 USD -5.2%
Stockholders' Equity Attributable to Parent $19,248,996 USD -3.3%
Liabilities and Equity $400,093 USD -26%

Popular Metrics

Label TTM Value / Value Unit Change %
Common Stock, Shares Authorized 12,000,000,000 shares 0%
Common Stock, Shares, Issued 49,623,830 shares 609%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $9,962 USD -77%
Lessee, Operating Lease, Liability, to be Paid $109,284 USD -22%
Operating Lease, Liability, Current $47,156 USD 17%
Lessee, Operating Lease, Liability, to be Paid, Year Two $38,548 USD
Lessee, Operating Lease, Liability, to be Paid, Year One $56,701 USD
Preferred Stock, Shares Authorized 5,000,000 shares 0%
Additional Paid in Capital $20,599,024 USD 7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%