Bassett Historical Income Statement

BSET Stock

USD 13.12 0.35 2.60%

Historical analysis of Bassett Furniture income statement accounts such as Interest Expense of 18.8 K, Selling General Administrative of 130.1 M or Total Revenue of 312.6 M can show how well Bassett Furniture Industries performed in making a profits. Evaluating Bassett Furniture income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Bassett Furniture's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Bassett Furniture latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Bassett Furniture is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bassett Furniture Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

About Bassett Income Statement Analysis

Bassett Furniture Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Bassett Furniture shareholders. The income statement also shows Bassett investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Bassett Furniture Income Statement Chart

Bassett Furniture Industries Income Statement is one of the three primary financial statements used for reporting Bassett's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Bassett Furniture revenue and expense. Bassett Furniture Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Bassett Furniture's Cost Of Revenue is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 78.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 130.1 M in 2024.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Tax Provision

Total Revenue

Total revenue comprises all receipts Bassett Furniture generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Bassett Furniture Industries minus its cost of goods sold. It is profit before Bassett Furniture operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bassett Furniture. It is also known as Bassett Furniture overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most accounts from Bassett Furniture's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bassett Furniture current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bassett Furniture Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

	2021	2022	2023	2024 (projected)
Interest Expense	38K	22K	19.8K	18.8K
Depreciation And Amortization	11.3M	10.1M	11.7M	10.2M

Interest Expense Depreciation And Amortization

Bassett Furniture income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Selling And Marketing Expenses	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Discontinued Operations
Depreciation And Amortization		-0.12	0.63	0.78	0.69	0.84	0.28	0.35	0.43	0.31	0.64	-0.05	-0.43	-0.22	0.25	-0.22	0.08	-0.09	0.41	-0.52	-0.05	0.15	0.09	0.04	0.0
Interest Expense	-0.12		-0.69	0.05	-0.57	-0.06	0.53	0.44	0.35	0.7	-0.67	0.52	0.22	0.38	0.53	0.75	0.95	0.99	-0.37	0.31	-0.16	-0.25	0.17	-0.13	-0.2
Selling General Administrative	0.63	-0.69		0.5	0.96	0.6	-0.09	0.01	0.11	-0.45	1.0	-0.28	-0.37	-0.33	-0.11	-0.56	-0.57	-0.7	0.61	-0.38	-0.04	0.11	0.0	0.02	-0.04
Total Revenue	0.78	0.05	0.5		0.67	0.99	0.64	0.71	0.74	0.49	0.54	0.44	-0.05	0.24	0.59	0.2	0.17	0.06	0.25	-0.02	-0.4	-0.23	0.29	-0.35	-0.17
Gross Profit	0.69	-0.57	0.96	0.67		0.74	0.13	0.23	0.32	-0.27	0.98	-0.04	-0.24	-0.13	0.11	-0.37	-0.46	-0.58	0.58	-0.23	-0.16	-0.01	0.07	-0.06	-0.08
Other Operating Expenses	0.84	-0.06	0.6	0.99	0.74		0.52	0.6	0.66	0.4	0.64	0.29	-0.16	0.1	0.47	0.05	0.1	-0.04	0.32	-0.17	-0.33	-0.13	0.24	-0.31	-0.12
Operating Income	0.28	0.53	-0.09	0.64	0.13	0.52		0.99	0.96	0.55	-0.06	0.82	0.12	0.67	0.73	0.73	0.46	0.47	-0.39	0.52	-0.75	-0.75	0.66	-0.56	-0.58
Ebit	0.35	0.44	0.01	0.71	0.23	0.6	0.99		0.98	0.54	0.04	0.77	0.07	0.59	0.75	0.63	0.39	0.39	-0.33	0.46	-0.75	-0.73	0.65	-0.56	-0.56
Ebitda	0.43	0.35	0.11	0.74	0.32	0.66	0.96	0.98		0.46	0.14	0.69	-0.05	0.54	0.65	0.55	0.31	0.29	-0.31	0.38	-0.81	-0.75	0.73	-0.61	-0.63
Cost Of Revenue	0.31	0.7	-0.45	0.49	-0.27	0.4	0.55	0.54	0.46		-0.41	0.55	0.26	0.35	0.65	0.59	0.78	0.76	-0.17	0.11	-0.09	-0.04	0.07	-0.09	0.09
Total Operating Expenses	0.64	-0.67	1.0	0.54	0.98	0.64	-0.06	0.04	0.14	-0.41		-0.25	-0.35	-0.3	-0.07	-0.53	-0.55	-0.68	0.61	-0.37	-0.05	0.11	-0.01	0.01	-0.02
Income Before Tax	-0.05	0.52	-0.28	0.44	-0.04	0.29	0.82	0.77	0.69	0.55	-0.25		0.67	0.91	0.75	0.89	0.4	0.49	-0.25	0.81	-0.49	-0.58	0.36	-0.37	-0.29
Total Other Income Expense Net	-0.43	0.22	-0.37	-0.05	-0.24	-0.16	0.12	0.07	-0.05	0.26	-0.35	0.67		0.69	0.38	0.6	0.11	0.25	0.09	0.72	0.14	-0.02	-0.25	0.1	0.27
Net Income	-0.22	0.38	-0.33	0.24	-0.13	0.1	0.67	0.59	0.54	0.35	-0.3	0.91	0.69		0.4	0.9	0.24	0.34	-0.38	0.84	-0.55	-0.64	0.4	-0.41	-0.33
Income Tax Expense	0.25	0.53	-0.11	0.59	0.11	0.47	0.73	0.75	0.65	0.65	-0.07	0.75	0.38	0.4		0.54	0.5	0.54	0.05	0.45	-0.21	-0.26	0.14	-0.16	-0.11
Net Income From Continuing Ops	-0.22	0.75	-0.56	0.2	-0.37	0.05	0.73	0.63	0.55	0.59	-0.53	0.89	0.6	0.9	0.54		0.63	0.71	-0.44	0.74	-0.47	-0.57	0.36	-0.35	-0.32
Non Recurring	0.08	0.95	-0.57	0.17	-0.46	0.1	0.46	0.39	0.31	0.78	-0.55	0.4	0.11	0.24	0.5	0.63		0.97	-0.21	0.08	-0.06	-0.07	0.06	-0.06	-0.07
Non Operating Income Net Other	-0.09	0.99	-0.7	0.06	-0.58	-0.04	0.47	0.39	0.29	0.76	-0.68	0.49	0.25	0.34	0.54	0.71	0.97		-0.32	0.24	-0.06	-0.13	0.06	-0.04	-0.07
Selling And Marketing Expenses	0.41	-0.37	0.61	0.25	0.58	0.32	-0.39	-0.33	-0.31	-0.17	0.61	-0.25	0.09	-0.38	0.05	-0.44	-0.21	-0.32		-0.34	0.55	0.62	-0.53	0.49	0.46
Tax Provision	-0.52	0.31	-0.38	-0.02	-0.23	-0.17	0.52	0.46	0.38	0.11	-0.37	0.81	0.72	0.84	0.45	0.74	0.08	0.24	-0.34		-0.47	-0.66	0.39	-0.37	-0.39
Interest Income	-0.05	-0.16	-0.04	-0.4	-0.16	-0.33	-0.75	-0.75	-0.81	-0.09	-0.05	-0.49	0.14	-0.55	-0.21	-0.47	-0.06	-0.06	0.55	-0.47		0.95	-0.91	0.79	0.85
Net Interest Income	0.15	-0.25	0.11	-0.23	-0.01	-0.13	-0.75	-0.73	-0.75	-0.04	0.11	-0.58	-0.02	-0.64	-0.26	-0.57	-0.07	-0.13	0.62	-0.66	0.95		-0.89	0.75	0.87
Reconciled Depreciation	0.09	0.17	0.0	0.29	0.07	0.24	0.66	0.65	0.73	0.07	-0.01	0.36	-0.25	0.4	0.14	0.36	0.06	0.06	-0.53	0.39	-0.91	-0.89		-0.75	-0.95
Extraordinary Items	0.04	-0.13	0.02	-0.35	-0.06	-0.31	-0.56	-0.56	-0.61	-0.09	0.01	-0.37	0.1	-0.41	-0.16	-0.35	-0.06	-0.04	0.49	-0.37	0.79	0.75	-0.75		0.68
Discontinued Operations	0.0	-0.2	-0.04	-0.17	-0.08	-0.12	-0.58	-0.56	-0.63	0.09	-0.02	-0.29	0.27	-0.33	-0.11	-0.32	-0.07	-0.07	0.46	-0.39	0.85	0.87	-0.95	0.68

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Bassett Furniture Account Relationship Matchups

Bassett Furniture income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	13.5M	14.6M	11.3M	10.1M	11.7M	10.2M
Interest Expense	49K	322K	38K	22K	19.8K	18.8K
Selling General Administrative	223.3M	196.8M	201.4M	205.2M	236.0M	130.1M
Total Revenue	385.9M	486.5M	485.6M	390.1M	351.1M	312.6M
Gross Profit	222.3M	222.8M	248.3M	206.5M	237.5M	145.7M
Other Operating Expenses	386.9M	460.5M	455.3M	388.9M	350.0M	304.0M
Operating Income	14.2M	26.0M	25.7M	(3.1M)	(2.8M)	(2.7M)
Ebit	14.2M	26.0M	25.7M	(3.1M)	(3.6M)	(3.4M)
Ebitda	27.7M	40.6M	37.0M	(3.1M)	(3.6M)	(3.4M)
Cost Of Revenue	163.6M	263.7M	237.3M	183.6M	165.3M	206.7M
Total Operating Expenses	223.3M	196.8M	218.1M	205.2M	236.0M	133.9M
Income Before Tax	(16.8M)	24.2M	34.1M	(2.5M)	(2.2M)	(2.1M)
Total Other Income Expense Net	(31.0M)	(1.8M)	8.4M	647K	582.3K	553.2K
Net Income	(10.4M)	18.0M	25.4M	(3.2M)	(2.9M)	(2.7M)
Income Tax Expense	(6.4M)	6.2M	8.7M	683K	614.7K	584.0K
Net Income Applicable To Common Shares	(1.9M)	(10.4M)	18.0M	65.3M	75.1M	78.9M
Net Income From Continuing Ops	(10.4M)	18.0M	25.4M	(3.2M)	(2.9M)	(2.7M)
Non Operating Income Net Other	(1.8M)	(1.1M)	(514K)	3.8M	3.4M	6.3M
Selling And Marketing Expenses	12.6M	15.2M	16.7M	19.1M	22.0M	18.4M
Tax Provision	(6.4M)	6.2M	8.7M	683K	614.7K	584.0K
Interest Income	236K	54K	302K	2.5M	2.9M	3.1M
Net Interest Income	187K	(268K)	264K	2.5M	2.9M	3.0M
Reconciled Depreciation	13.5M	14.6M	11.3M	10.1M	9.1M	10.2M

Pair Trading with Bassett Furniture

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bassett Furniture position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bassett Furniture will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bassett Stock

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0.67	HBB	Hamilton Beach Brands	Pair Corr

The ability to find closely correlated positions to Bassett Furniture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bassett Furniture when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bassett Furniture - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bassett Furniture Industries to buy it.

The correlation of Bassett Furniture is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bassett Furniture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bassett Furniture moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Bassett Furniture can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Bassett Furniture is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Bassett Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bassett Furniture Industries Stock. Highlighted below are key reports to facilitate an investment decision about Bassett Furniture Industries Stock:

How To Invest In Bassett

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Is Bassett Stock a good investment?

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What is Bassett Furniture's Net Worth?

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Note that the Bassett Furniture information on this page should be used as a complementary analysis to other Bassett Furniture's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Bassett Furniture's price analysis, check to measure Bassett Furniture'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 Bassett Furniture is operating at the current time. Most of Bassett Furniture's value examination focuses on studying past and present price action to predict the probability of Bassett Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bassett Furniture's price. Additionally, you may evaluate how the addition of Bassett Furniture to your portfolios can decrease your overall portfolio volatility.

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Is Bassett Furniture's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bassett Furniture. If investors know Bassett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bassett Furniture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.95)

Dividend Share

0.7

Earnings Share

(0.66)

Revenue Per Share

42.156

Quarterly Revenue Growth

(0.20)

The market value of Bassett Furniture is measured differently than its book value, which is the value of Bassett that is recorded on the company's balance sheet. Investors also form their own opinion of Bassett Furniture's value that differs from its market value or its book value, called intrinsic value, which is Bassett Furniture's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bassett Furniture's market value can be influenced by many factors that don't directly affect Bassett Furniture's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Bassett Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bassett Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bassett Furniture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Bassett Historical Income Statement

About Bassett Income Statement Analysis

Bassett Furniture Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Tax Provision

Bassett Furniture income statement Correlations

Bassett Furniture Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bassett Furniture income statement Accounts

Pair Trading with Bassett Furniture

Moving together with Bassett Stock

Moving against Bassett Stock

Complementary Tools for Bassett Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Operating Expenses	+ 1.0	Selling General Administrative
Non Operating Income Net Other	+ 0.99	Interest Expense
Other Operating Expenses	+ 0.99	Total Revenue
Ebit	+ 0.99	Operating Income
Total Operating Expenses	+ 0.98	Gross Profit
Ebitda	+ 0.98	Ebit

Discontinued Operations	- 0.95	Reconciled Depreciation
Reconciled Depreciation	- 0.91	Interest Income
Reconciled Depreciation	- 0.89	Net Interest Income
Interest Income	- 0.81	Ebitda
Extraordinary Items	- 0.75	Reconciled Depreciation
Net Interest Income	- 0.75	Ebitda