Basanite (BASA) Interest Coverage Ratio (2011 - 2025)
Basanite's (BASA) quarterly Interest Coverage Ratio came in at 1.47 in Q3 2025, down 106.24% year-over-year from 23.49 in Q3 2024, and up 20.37% quarter-over-quarter from 1.84 in Q2 2025.
Analysis
Basanite (BASA) Interest Coverage Ratio (2011 - 2025) Analysis & Trends
Basanite has disclosed Interest Coverage Ratio across 10 years of filings, most recently posting 1.47 for Q3 2025.
- In Q3 2025, Interest Coverage Ratio fell 106.24% year-over-year to 1.47; the TTM figure through Sep 2025 stood at 1.46 (down 29.71% YoY), while the FY2024 annual figure was 0.87, up 69.24% from the prior year.
- Interest Coverage Ratio came in at 1.47 for Q3 2025 at Basanite, up from 1.84 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.53 in Q1 2024 to a low of 30.2 in Q4 2021.
- Average Interest Coverage Ratio over 5 years is 6.35, with a median of 3.3 recorded in 2023.
- Year-over-year, Interest Coverage Ratio sank 972.78% in 2021 and surged 80.04% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 30.2 in 2021, then jumped by 79.22% to 6.27 in 2022, then surged by 45.08% to 3.45 in 2023, then surged by 48.5% to 1.77 in 2024, then grew by 17.38% to 1.47 in 2025.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.47 in Q3 2025, 1.84 in Q2 2025, and 0.75 in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Otis Worldwide | 25.97 Bn | 25.15 Bn | 1.14 Bn | - |
| 2 | James Hardie Industries | 17.99 Bn | 17.70 Bn | 548.70 Mn | 3.54 |
| 3 | Masco | 13.46 Bn | 12.91 Bn | 868.00 Mn | 16.79 |
| 4 | Carlisle Companies | 13.28 Bn | 12.61 Bn | 568.40 Mn | 12.86 |
| 5 | Allegion | 12.97 Bn | 12.65 Bn | 517.50 Mn | 10.27 |
| 6 | Owens Corning | 10.23 Bn | 9.96 Bn | 793.00 Mn | 6.99 |
| 7 | Advanced Drainage Systems | 9.72 Bn | 9.56 Bn | 408.05 Mn | - |
| 8 | Acuity Inc. (De) | 9.58 Bn | 9.17 Bn | 606.40 Mn | - |
| 9 | Zurn Elkay Water Solutions | 7.59 Bn | 7.23 Bn | 288.30 Mn | 24.97 |
| 10 | Basanite | 4.55 Mn | 4.30 Mn | -108,365.00 | -1.47 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -1.47 |
| Jun 30, 2025 | -1.84 |
| Mar 31, 2025 | -0.75 |
| Dec 31, 2024 | -1.77 |
| Sep 30, 2024 | -0.71 |
| Jun 30, 2024 | -0.69 |
| Mar 31, 2024 | -0.53 |
| Dec 31, 2023 | -3.45 |
| Sep 30, 2023 | -2.07 |
| Jun 30, 2023 | -3.30 |
| Mar 31, 2023 | -2.63 |
| Dec 31, 2022 | -6.27 |
| Sep 30, 2022 | -8.85 |
| Jun 30, 2022 | -7.48 |
| Mar 31, 2022 | -9.43 |
| Dec 31, 2021 | -30.20 |
| Sep 30, 2021 | -13.78 |
| Jun 30, 2021 | -10.90 |
| Mar 31, 2021 | -14.62 |
| Dec 31, 2020 | -11.59 |