BASA (Basanite) Effective Interest Rate on Debt %: 14.55% (As of Sep. 2025)


What is Basanite Effective Interest Rate on Debt %?

Basanite BASA +1.78% Effective Interest Rate on Debt % is 14.55% as of Sep. 2025. The stock has 5 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Basanite's annualized positive value of Interest Expense for the quarter that ended in Sep. 2025 was $0.78 Mil. Basanite's average total debt for the quarter that ended in Sep. 2025 was $5.33 Mil. Therefore, Basanite's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2025 was 14.55%.

Basanite  (OTCPK:BASA) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Basanite Effective Interest Rate on Debt % Related Terms

Basanite Effective Interest Rate on Debt % Historical Data

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The historical data trend for Basanite's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Basanite Effective Interest Rate on Debt % Chart

Basanite Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.29 18.49 15.79 15.25 20.99

Basanite Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.53 21.96 21.86 21.14 14.55

BASA vs CAPS, CRH, VMC: Effective Interest Rate on Debt % Comparison

For the Building Materials subindustry, Basanite's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Basanite Effective Interest Rate on Debt % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Basanite's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Basanite's Effective Interest Rate on Debt % falls into.


Basanite Effective Interest Rate on Debt % Calculation

Basanite's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -0.925/( (4.221+4.592)/ 2 )
=-1  *  -0.925/4.4065
=20.99 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 4.221
=4.221

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 4.592
=4.592

Basanite's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2025 )+Total Debt  (Q: Sep. 2025 ))/ count )
=-1  *  -0.776/( (5.097+5.572)/ 2 )
=-1  *  -0.776/5.3345
=14.55 %

where

Total Debt  (Q: Jun. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 5.097
=5.097

Total Debt  (Q: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 5.572
=5.572

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 14.55% mean?
Basanite (BASA) has a Effective Interest Rate on Debt % of 14.55% as of Sep. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Basanite and its competitors.
Is Basanite's Effective Interest Rate on Debt % too high?
Basanite's current Effective Interest Rate on Debt % is 14.55%.
How does Basanite's Effective Interest Rate on Debt % compare to CAPS and CRH?
Basanite's Effective Interest Rate on Debt % of 14.55% can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Building Materials company?
A good Effective Interest Rate on Debt % depends on the Building Materials industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Basanite and its competitors. Basanite's current Effective Interest Rate on Debt % is 14.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Basanite stock overvalued right now?
Based on GuruFocus' analysis, Basanite (BASA) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.02 — trading 92% above its estimated fair value. The current Effective Interest Rate on Debt % is 14.55%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Basanite (BASA), the current Effective Interest Rate on Debt % is 14.55% as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Basanite Business Description

Address 2041 NW 15th Avenue, Pompano Beach, FL, USA, 33069
Basanite Inc is engaged in manufacturing a range of green (environmentally friendly), sustainable, non-corrosive, lightweight, composite products used in concrete reinforcement by the construction industry. It produces basalt fiber-reinforced polymer reinforcing bar (known as rebar) which is a stronger, lighter, sustainable, non-conductive, and corrosion-proof alternative to traditional steel. The company's product includes BasaFlex; BasaMix and BasaMesh.