Basanite Inc
Basanite, Inc., through its subsidiary, Basanite Industries, LLC, manufactures and sells basalt fiber reinforced polymer (BFRP) reinforcing bar products for the construction industry worldwide. It provides BasaFlex, a BFRP reinforcing bar; BasaMix, which are fine denier basalt fibers; and BasaMesh, a line of basalt geogrid mesh rolls to replace welded wire mesh. The company's BFRP products are us… Read more
Basanite Inc (BASA) - Net Assets
Latest net assets as of September 2025: $-9.96 Million USD
Based on the latest financial reports, Basanite Inc (BASA) has net assets worth $-9.96 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($125.24K) and total liabilities ($10.08 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-9.96 Million |
| % of Total Assets | -7948.92% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1266.04 |
Basanite Inc - Net Assets Trend (2015–2024)
This chart illustrates how Basanite Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Basanite Inc (2015–2024)
The table below shows the annual net assets of Basanite Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-8.83 Million | -24.11% |
| 2023-12-31 | $-7.11 Million | -86.80% |
| 2022-12-31 | $-3.81 Million | -2194.56% |
| 2021-12-31 | $181.76K | +125.82% |
| 2020-12-31 | $-704.06K | +31.46% |
| 2019-12-31 | $-1.03 Million | +49.59% |
| 2018-12-31 | $-2.04 Million | -4726.63% |
| 2017-12-31 | $44.04K | +102.12% |
| 2016-12-31 | $-2.08 Million | -53.83% |
| 2015-12-31 | $-1.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Basanite Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4992515100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $49.17 Million | % |
| Total Equity | $-8.83 Million | 100.00% |
Basanite Inc Competitors by Market Cap
The table below lists competitors of Basanite Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KRONA PUBLIC REAL ESTATE
F:927
|
$7.57 Million |
|
Nam Sung
KO:004270
|
$7.57 Million |
|
Turnium Technology Group Inc.
V:TTGI
|
$7.57 Million |
|
Iconic Worldwide Bhd
KLSE:9113
|
$7.58 Million |
|
Koge Micro Tech Co Ltd
TWO:4568
|
$7.57 Million |
|
Sepeda Bersama Indonesia Tbk PT
JK:BIKE
|
$7.56 Million |
|
Euroholdings Ltd.
NASDAQ:EHLD
|
$7.56 Million |
|
Relpol SA
WAR:RLP
|
$7.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Basanite Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -7,111,551 to -8,825,947, a change of -1,714,396.
- Net loss of 1,729,396 reduced equity.
- Other factors increased equity by 15,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.73 Million | -19.59% |
| Other Changes | $15.00K | +0.17% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Basanite Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.00 | $0.04 | x |
| 2018-12-31 | $-0.01 | $0.04 | x |
| 2019-12-31 | $-0.01 | $0.04 | x |
| 2020-12-31 | $0.00 | $0.04 | x |
| 2021-12-31 | $0.00 | $0.04 | x |
| 2022-12-31 | $-0.02 | $0.04 | x |
| 2023-12-31 | $-0.03 | $0.04 | x |
| 2024-12-31 | $-0.03 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Basanite Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -397.81%
- • Asset Turnover: 1.64x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-906.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -417.03% | 0.33x | 0.00x | $-595.21K |
| 2016 | 0.00% | -937.92% | 1.27x | 0.00x | $-3.49 Million |
| 2017 | 0.00% | -30371.61% | 0.00x | 0.00x | $-2.92 Million |
| 2018 | 0.00% | -6728.39% | 0.17x | 0.00x | $-5.68 Million |
| 2019 | 0.00% | -110709.25% | 0.00x | 0.00x | $-4.21 Million |
| 2020 | 0.00% | -49376.20% | 0.00x | 0.00x | $-3.47 Million |
| 2021 | -9065.80% | -8529.16% | 0.04x | 28.67x | $-16.50 Million |
| 2022 | 0.00% | -397.81% | 0.28x | 0.00x | $-5.01 Million |
| 2023 | 0.00% | -576.82% | 0.68x | 0.00x | $-1.46 Million |
| 2024 | 0.00% | -397.81% | 1.64x | 0.00x | $-846.80K |
Industry Comparison
This section compares Basanite Inc's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $87,759,829,717
- Average return on equity (ROE) among peers: -13.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Basanite Inc (BASA) | $-9.96 Million | 0.00% | N/A | $7.57 Million |
| Anhui Conch Cement Co Ltd (AHCHY) | $6.85 Billion | 5.94% | 1.81x | $19.28 Billion |
| Amrize Ltd (AMRZ) | $8.21 Billion | 13.50% | 1.52x | $27.46 Billion |
| PT Berkah Beton Sadaya Tbk (BHBSY) | $771.79 Billion | 15.93% | 0.06x | $360.00 Million |
| BRDNF (BRDNF) | $1.11 Billion | 9.50% | 0.69x | $1.54 Billion |
| Brickworks Limited (BRKWF) | $1.84 Billion | 4.25% | 0.37x | $1.23 Billion |
| Capstone Holding Corp. Common Stock (CAPS) | $-879.00K | 0.00% | 0.00x | $3.74 Million |
| Capstone Therapeutics Corp (CAPS) | $3.10 Million | -134.29% | 0.09x | $80.00K |
| Captivision Inc. (CAPT) | $-12.26 Million | 0.00% | 0.00x | $11.82 Million |
| China GengSheng Minerals Inc (CHGS) | $40.48 Million | -33.45% | 3.01x | $0.97 |