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) - Total Liabilities
Latest total liabilities as of September 2025: $10.08 Million USD
Based on the latest financial reports, Basanite Inc (BASA) has total liabilities worth $10.08 Million USD as of September 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Basanite Inc - Total Liabilities Trend (2015–2024)
This chart illustrates how Basanite Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Basanite Inc Competitors by Total Liabilities
The table below lists competitors of Basanite Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Iconic Worldwide Bhd
KLSE:9113
|
Malaysia | RM116.25 Million |
|
Turnium Technology Group Inc.
V:TTGI
|
Canada | CA$16.66 Million |
|
Nam Sung
KO:004270
|
Korea | ₩166.55 Billion |
|
Koge Micro Tech Co Ltd
TWO:4568
|
Taiwan | NT$576.52 Million |
|
Sepeda Bersama Indonesia Tbk PT
JK:BIKE
|
Indonesia | Rp248.85 Billion |
|
Euroholdings Ltd.
NASDAQ:EHLD
|
USA | $22.67 Million |
|
Relpol SA
WAR:RLP
|
Poland | zł34.68 Million |
Liability Composition Analysis (2015–2024)
This chart breaks down Basanite Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.00 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -1.01 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 80.49 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Basanite Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Basanite Inc (2015–2024)
The table below shows the annual total liabilities of Basanite Inc from 2015 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $9.09 Million | +18.59% |
| 2023-12-31 | $7.67 Million | -10.59% |
| 2022-12-31 | $8.57 Million | +70.48% |
| 2021-12-31 | $5.03 Million | +41.58% |
| 2020-12-31 | $3.55 Million | +1.84% |
| 2019-12-31 | $3.49 Million | +36.91% |
| 2018-12-31 | $2.55 Million | -0.89% |
| 2017-12-31 | $2.57 Million | +7.47% |
| 2016-12-31 | $2.39 Million | +27.43% |
| 2015-12-31 | $1.88 Million | -- |