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BASA (Basanite) Scaled Net Operating Assets : -8.54 (As of Sep. 2024)


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What is Basanite Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Basanite's operating assets for the quarter that ended in Sep. 2024 was $0.22 Mil. Basanite's operating liabilities for the quarter that ended in Sep. 2024 was $3.96 Mil. Basanite's Total Assets for the quarter that ended in Jun. 2024 was $0.44 Mil. Therefore, Basanite's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -8.54.


Basanite Scaled Net Operating Assets Historical Data

The historical data trend for Basanite's Scaled Net Operating Assets 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.

* Premium members only.

Basanite Scaled Net Operating Assets Chart

Basanite Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 0.53 1.18 -0.62 -3.21

Basanite Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets 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 -3.52 -3.90 -5.61 -7.91 -8.54

Competitive Comparison of Basanite's Scaled Net Operating Assets

For the Building Materials subindustry, Basanite's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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's Scaled Net Operating Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Basanite's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Basanite's Scaled Net Operating Assets falls into.



Basanite Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Basanite's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(0.5-3.445)/0.919
=-3.20

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.555 - 0.055
=0.5

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.666 - 0 - 4.221
=3.445

Basanite's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(0.216-3.957)/0.438
=-8.54

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.218 - 0.002
=0.216

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.399 - 0 - 4.442
=3.957

* 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 Scaled Net Operating Assets Related Terms

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Basanite Business Description

Traded in Other Exchanges
N/A
Address
2041 NW 15th Avenue, Pompano Beach, FL, USA, 33069
Basanite Inc is engaged in manufacturing basalt fiber-reinforced polymer products (BRP). It produces basalt fiber-reinforced polymer products that are used as replacements for steel products, which reinforce concrete, such as rebar. The company's product includes BasaFlex; BasaMix and BasaMesh.
Executives
Thomas Richmond officer: CEO 2660 NW 15 CT, UNIT 108, POMPANO BEACH FL 33069
Lisa H Gainsborg officer: CFO, Treasurer and Secretary BASANITE, INC., 2041 NW 15TH AVENUE, POMPANO BEACH FL 33069
Sergio Salani director BASANITE, INC., 2041 NW 15TH AVENUE, POMPANO BEACH FL 33069
Manuel Antonio Rodriguez director 7250 SW HARBOR COVE DR., STUART FL 34997
Tingberg Frederick Henry Jr director 2005 SW AMARILLO LANE, PALM CITY FL 34990
Michael Vito Barbera director 1423 SW 13TH DRIVE, BOCA RATON FL 33486
Loricco Ronald Joseph Sr. director, 10 percent owner 28 DALES DR., WOODBRIDGE CT 06525
Adam Scott Falkoff director 1390 CHAIN BRIDGE ROAD #630, MCLEAN VA 22101
Simon Richard Kay officer: Interim Pres. & CEO 8001 NW 66TH TERRACE, PARKLAND FL 33067
Isabella Barbera officer: Chief Financial Officer 13396 60TH STREET NORTH, WEST PALM BEACH FL 33411
Richard Michael Krolewski director, officer: Chief Executive Officer 1018 ROANOKE DRIVE, WESTFIELD IN 46074
Gregory Guy Nadeau director 1 CARRIER PLACE, LEWISTON ME 04240
Kelly James Patterson director 11200 NE 182ND ST., BATTLE GROUND WA 98604
Gregory David Cline director 169 WHITE OAK ROAD, FREDERICKSBURG VA 22405
Paul M. Sallarulo director 2521 NE 48TH STREET, LIGHTHOUSE PT. FL 33064