Company / Interest Expense
BASANITE, INC. Interest Expense History
FY2011-FY2018 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$107.0K
FY2018
5-year range
$79.9K / $412.5K
FY2014-FY2018
Trend
+34.0%
vs FY2017
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Interest Expense returned to growth in FY2018 after 4 years of decline, reaching $106,994.
Based on SEC 10-K filings.
$106,994 in FY2018 with a 5-year CAGR of -28.4%.
Improved from $285,457 to $106,994 over the past 2 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -30.1%
- 5-Year CAGR
- -28.4%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -28.4%, indicating a declining trend.
- In FY2018, interest expense increased 34.0% year-over-year.
- Peak interest expense was recorded in FY2013.
- Lowest interest expense in the period was in FY2011.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -65.43 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2018 | $107.0K | +34.0% |
| FY2017 | $79.9K | -72.0% |
| FY2016 | $285.5K | -8.7% |
| FY2015 | $312.8K | -24.2% |
| FY2014 | $412.5K | -27.3% |
| FY2013 | $567.5K | +487.5% |
| FY2012 | $96.6K | +178.1% |
| FY2011 | $34.7K | - |
As of FY2018 · SEC Form 10-K · Last checked Jun 29, 2026