BASA (Basanite) Interest Expense: $-0.95 Mil (TTM As of Sep. 2025)


What is Basanite Interest Expense?

Basanite BASA +10.18% Interest Expense is $-0.95 Mil as of Sep. 2025. The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Basanite's interest expense for the three months ended in Sep. 2025 was $ -0.19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2025 was $-0.95 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Basanite's Operating Income for the three months ended in Sep. 2025 was $ -0.28 Mil. Basanite's Interest Expense for the three months ended in Sep. 2025 was $ -0.19 Mil. Basanite did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Basanite  (OTCPK:BASA) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Basanite's Interest Expense for the three months ended in Sep. 2025 was $-0.19 Mil. Its Operating Income for the three months ended in Sep. 2025 was $-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2025 was $0.00 Mil.

Basanite's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Basanite did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's financial strength is.

Basanite Interest Expense Historical Data

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The historical data trend for Basanite's Interest Expense 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 Interest Expense Chart

Basanite Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.90 -0.51 -0.51 -0.57 -0.93

Basanite Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Interest Expense 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 -0.19 -0.25 -0.25 -0.26 -0.19

Basanite Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.95 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.95 Mil mean?
Basanite (BASA) has a Interest Expense of $-0.95 Mil as of Sep. 2025. Interest Expense is the amount a company pays on its long-term debt. View historical data on Basanite and its competitors.
Is Basanite's Interest Expense too high?
Basanite's current Interest Expense is $-0.95 Mil.
How does Basanite's Interest Expense compare to CAPS and CRH?
Basanite's Interest Expense of $-0.95 Mil 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 Interest Expense for a Building Materials company?
A good Interest Expense depends on the Building Materials industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Basanite and its competitors. Basanite's current Interest Expense is $-0.95 Mil. 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 57% above its estimated fair value. The current Interest Expense is $-0.95 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Basanite (BASA), the current Interest Expense is $-0.95 Mil 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.