Michael Barbera - Basanite Acting Director

BASA Stock  USD 0.05  0  1.96%   

Insider

Michael Barbera is Acting Director of Basanite
Age 69
Phone954 532 4653
Webhttps://www.basaniteindustries.com

Basanite Management Efficiency

The company has return on total asset (ROA) of (0.9989) % which means that it has lost $0.9989 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (23.9055) %, meaning that it created substantial loss on money invested by shareholders. Basanite's management efficiency ratios could be used to measure how well Basanite manages its routine affairs as well as how well it operates its assets and liabilities.
Basanite currently holds 3.61 M in liabilities. Basanite has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Basanite until it has trouble settling it off, either with new capital or with free cash flow. So, Basanite's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Basanite sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Basanite to invest in growth at high rates of return. When we think about Basanite's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

INSIDER Age

Jrg ReinoldWienerberger Baustoffindustrie
N/A
Joerg BrinkmannJames Hardie Industries
41
Patrick StephensCEMATRIX
N/A
Eric CribbsEagle Materials
52
Feliciano MunozLafargeholcim Ltd ADR
60
Shui YuAnhui Conch Cement
47
BBS BBSXinyi Glass Holdings
69
Louisa RodriguezCEMEX SAB de
63
Tiejun WuAnhui Conch Cement
43
Qiubi KeAnhui Conch Cement
60
Mathias GaertnerLafargeholcim Ltd ADR
50
Dean SeaversJames Hardie Industries
59
Tiejun WuAnhui Conch Cement
43
Qiubi KeAnhui Conch Cement
60
Yanjun YangChina National Building
55
Harald SchwarzmayrWienerberger Baustoffindustrie
54
Steven WentzelEagle Materials
63
Tamla OatesForneySummit Materials
48
Jaime DomnguezCEMEX SAB de
54
Luigi BuzziBuzzi Unicem SpA
54
AICPA FCPAXinyi Glass Holdings
55
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. Basanite [BASA] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Basanite Management Team

Elected by the shareholders, the Basanite's board of directors comprises two types of representatives: Basanite inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Basanite. The board's role is to monitor Basanite's management team and ensure that shareholders' interests are well served. Basanite's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Basanite's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lisa CPA, Treasurer CFO
Michael Barbera, Acting Director
Isabella CPA, Consultant

Basanite Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Basanite a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Basanite OTC Stock

Basanite financial ratios help investors to determine whether Basanite OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Basanite with respect to the benefits of owning Basanite security.