Basanite Inc
OTC:BASA
Operating Margin
Basanite Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Basanite Inc
OTC:BASA
|
8.1m USD |
-244%
|
|
| SA |
|
Saudi Basic Industries Corporation SJSC
SAU:2010
|
228.3B SAR |
3%
|
|
| ID |
|
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
|
782.9T IDR |
-3%
|
|
| ID |
|
Chandra Asri Pacific PT Tbk
OTC:PTPIF
|
45.6B USD |
-3%
|
|
| US |
|
Dow Inc
NYSE:DOW
|
21.5B USD |
3%
|
|
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
21.7B USD |
4%
|
|
| KR |
|
LG Chem Ltd
KRX:051910
|
22.8T KRW |
2%
|
|
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
111.7B CNY |
6%
|
|
| IN |
|
Solar Industries India Ltd
NSE:SOLARINDS
|
1.3T INR |
24%
|
|
| ID |
|
Barito Pacific Tbk PT
IDX:BRPT
|
207.1T IDR |
14%
|
|
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
89.7B CNY |
3%
|
Basanite Inc
Glance View
Basanite, Inc. engages in the manufacturing of concrete-reinforcing products made from basalt fiber reinforced polymers. The company is headquartered in Pompano Beach, Florida and currently employs 23 full-time employees. The company went IPO on 2009-05-08. The Company’s two other main product lines are BasaMix, which are denier basalt fibers available in various chopped sizes and BasaMesh, a line of Basalt Geogrid Mesh Rolls. BasaMix is designed to help absorb the stresses associated with early-aged plastic shrinkage and settlement cracking in concrete, as well as providing an increased toughness for enhanced reinforcement in slab on grade (SOG) and precast elements. BasaMix also serves in a system approach for optimum performance of a concrete element when used in conjunction with its BasaFlex rebar. BasaMesh is designed for secondary and temperature shrinkage reinforcement. BasaMesh can also work in conjunction with the BasaFlex rebar or BasaMix for a total reinforcement program.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Basanite Inc's most recent financial statements, the company has Operating Margin of -243.6%.
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