Basanite Financials
| BASA Stock | USD 0.05 0 2.00% |
With this module, you can analyze Basanite financials for your investing period. You should be able to track the changes in Basanite individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Basanite |
Understanding current and past Basanite Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Basanite's financial statements are interrelated, with each one affecting the others. For example, an increase in Basanite's assets may result in an increase in income on the income statement.
The data published in Basanite's official financial statements typically reflect Basanite's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Basanite's quantitative information. For example, before you start analyzing numbers published by Basanite accountants, it's essential to understand Basanite's liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Please note, the presentation of Basanite's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Basanite's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Basanite's management manipulating its earnings.
Basanite Stock Summary
Basanite competes with Cementos Pacasmayo, Summit Materials, Eagle Materials, CRH PLC, and Martin Marietta. Basanite, Inc. engages in the basalt fiber reinforced polymer business worldwide. Basanite, Inc. was founded in 2006 and is headquartered in Oakland Park, Florida. Basanite operates under Building Materials classification in the United States and is traded on OTC Exchange. It employs 23 people.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| ISIN | US06975Q1004 |
| Business Address | 2041 NW 15th |
| Sector | Basic Materials |
| Industry | Building Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.basaniteindustries.com |
| Phone | 954 532 4653 |
| Currency | USD - US Dollar |
Basanite Key Financial Ratios
Basanite's financial ratios allow both analysts and investors to convert raw data from Basanite's financial statements into concise, actionable information that can be used to evaluate the performance of Basanite over time and compare it to other companies across industries.| Return On Equity | -23.91 | |||
| Return On Asset | -1.0 | |||
| Number Of Employees | 23 | |||
| Beta | 2.69 | |||
| Z Score | -4.8 |
Basanite Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Basanite's current stock value. Our valuation model uses many indicators to compare Basanite value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Basanite competition to find correlations between indicators driving Basanite's intrinsic value. More Info.Basanite is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Basanite by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Basanite's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Basanite Systematic Risk
Basanite's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Basanite volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Basanite correlated with the market. If Beta is less than 0 Basanite generally moves in the opposite direction as compared to the market. If Basanite Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Basanite is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Basanite is generally in the same direction as the market. If Beta > 1 Basanite moves generally in the same direction as, but more than the movement of the benchmark.
Basanite December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Basanite help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Basanite. We use our internally-developed statistical techniques to arrive at the intrinsic value of Basanite based on widely used predictive technical indicators. In general, we focus on analyzing Basanite OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Basanite's daily price indicators and compare them against related drivers.
| Downside Deviation | 14.65 | |||
| Information Ratio | 0.1996 | |||
| Maximum Drawdown | 140.86 | |||
| Value At Risk | (20.69) | |||
| Potential Upside | 50.0 |
Complementary Tools for Basanite OTC Stock analysis
When running Basanite's price analysis, check to measure Basanite's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Basanite is operating at the current time. Most of Basanite's value examination focuses on studying past and present price action to predict the probability of Basanite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Basanite's price. Additionally, you may evaluate how the addition of Basanite to your portfolios can decrease your overall portfolio volatility.
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