Bassett Share Based Compensation vs Cash Beginning of Year Analysis

BSET Stock  USD 13.02  0.09  0.69%   
Trend analysis of Bassett Furniture Industries balance sheet accounts such as Short Long Term Debt Total of 140.3 M, Other Current Liabilities of 20.8 M or Total Current Liabilities of 57.9 M provides information on Bassett Furniture's total assets, liabilities, and equity, which is the actual value of Bassett Furniture to its prevalent stockholders. By breaking down trends over time using Bassett Furniture balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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 Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Bassett Furniture at a specified time, usually calculated after every quarter, six months, or one year. Bassett Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bassett Furniture and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bassett currently owns. An asset can also be divided into two categories, current and non-current.

Bassett Furniture Balance Sheet Chart

Bassett Furniture Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Bassett Furniture uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Bassett Furniture's Other Current Assets are comparatively stable compared to the past year. Total Liabilities is likely to gain to about 225.8 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 57.9 M in 2024.

Total Assets

Total assets refers to the total amount of Bassett Furniture assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bassett Furniture books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Bassett Furniture balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bassett Furniture Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Bassett Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.
At this time, Bassett Furniture's Discontinued Operations is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 380.1 K in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.56 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense38K22K19.8K18.8K
Depreciation And Amortization11.3M10.1M11.7M10.2M

Bassett Furniture fundamental ratios Correlations

0.80.270.77-0.070.920.870.030.380.97-0.660.570.05-0.590.90.450.33-0.410.920.720.50.76-0.11-0.770.0-0.72
0.8-0.060.55-0.220.870.87-0.10.020.81-0.590.1-0.07-0.60.870.310.47-0.370.850.760.160.95-0.16-0.79-0.01-0.76
0.27-0.060.430.430.1-0.10.350.410.19-0.540.490.380.19-0.040.19-0.11-0.390.1-0.160.530.060.350.180.130.22
0.770.550.43-0.360.660.67-0.370.070.84-0.630.31-0.12-0.620.620.540.63-0.530.770.30.360.670.42-0.620.16-0.51
-0.07-0.220.43-0.36-0.23-0.390.980.61-0.27-0.070.40.650.64-0.280.13-0.520.19-0.34-0.180.6-0.24-0.120.47-0.170.44
0.920.870.10.66-0.230.95-0.110.140.92-0.650.33-0.13-0.670.980.20.41-0.440.970.880.20.78-0.2-0.850.16-0.82
0.870.87-0.10.67-0.390.95-0.270.030.9-0.450.19-0.13-0.670.980.260.5-0.290.970.80.170.81-0.15-0.840.13-0.79
0.03-0.10.35-0.370.98-0.11-0.270.63-0.19-0.050.410.70.61-0.160.1-0.550.21-0.24-0.050.61-0.16-0.210.39-0.230.36
0.380.020.410.070.610.140.030.630.21-0.250.820.450.20.170.26-0.53-0.180.110.10.74-0.01-0.260.07-0.540.04
0.970.810.190.84-0.270.920.9-0.190.21-0.670.46-0.12-0.730.90.40.47-0.460.940.720.330.8-0.05-0.830.07-0.79
-0.66-0.59-0.54-0.63-0.07-0.65-0.45-0.05-0.25-0.67-0.380.160.51-0.53-0.29-0.30.75-0.61-0.5-0.23-0.59-0.090.55-0.060.53
0.570.10.490.310.40.330.190.410.820.46-0.380.13-0.180.30.24-0.28-0.230.290.280.610.06-0.36-0.23-0.1-0.26
0.05-0.070.38-0.120.65-0.13-0.130.70.45-0.120.160.130.75-0.120.11-0.420.34-0.15-0.250.660.020.180.53-0.380.59
-0.59-0.60.19-0.620.64-0.67-0.670.610.2-0.730.51-0.180.75-0.66-0.22-0.60.51-0.7-0.630.24-0.540.160.92-0.270.92
0.90.87-0.040.62-0.280.980.98-0.160.170.9-0.530.3-0.12-0.660.240.39-0.360.970.870.220.78-0.24-0.850.06-0.82
0.450.310.190.540.130.20.260.10.260.4-0.290.240.11-0.220.240.39-0.240.31-0.080.670.420.4-0.31-0.19-0.22
0.330.47-0.110.63-0.520.410.5-0.55-0.530.47-0.3-0.28-0.42-0.60.390.39-0.130.50.16-0.10.570.38-0.550.46-0.47
-0.41-0.37-0.39-0.530.19-0.44-0.290.21-0.18-0.460.75-0.230.340.51-0.36-0.24-0.13-0.46-0.34-0.03-0.36-0.180.490.110.48
0.920.850.10.77-0.340.970.97-0.240.110.94-0.610.29-0.15-0.70.970.310.5-0.460.790.240.8-0.06-0.850.13-0.8
0.720.76-0.160.3-0.180.880.8-0.050.10.72-0.50.28-0.25-0.630.87-0.080.16-0.340.79-0.060.56-0.53-0.810.14-0.84
0.50.160.530.360.60.20.170.610.740.33-0.230.610.660.240.220.67-0.1-0.030.24-0.060.250.170.05-0.280.12
0.760.950.060.67-0.240.780.81-0.16-0.010.8-0.590.060.02-0.540.780.420.57-0.360.80.560.250.06-0.690.0-0.63
-0.11-0.160.350.42-0.12-0.2-0.15-0.21-0.26-0.05-0.09-0.360.180.16-0.240.40.38-0.18-0.06-0.530.170.060.22-0.010.35
-0.77-0.790.18-0.620.47-0.85-0.840.390.07-0.830.55-0.230.530.92-0.85-0.31-0.550.49-0.85-0.810.05-0.690.22-0.180.98
0.0-0.010.130.16-0.170.160.13-0.23-0.540.07-0.06-0.1-0.38-0.270.06-0.190.460.110.130.14-0.280.0-0.01-0.18-0.19
-0.72-0.760.22-0.510.44-0.82-0.790.360.04-0.790.53-0.260.590.92-0.82-0.22-0.470.48-0.8-0.840.12-0.630.350.98-0.19
Click cells to compare fundamentals

Bassett Furniture Account Relationship Matchups

Bassett Furniture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets402.5M421.7M406.3M370.4M426.0M329.9M
Other Current Liab28.1M26.7M25.7M19.9M22.9M20.8M
Total Current Liabilities118.4M134.2M100.8M77.9M89.6M57.9M
Total Stockholder Equity158.0M162.7M195.6M183.4M165.1M171.9M
Property Plant And Equipment Net207.8M208.2M176.5M184.9M212.6M223.2M
Net Debt93.3M99.2M54.7M63.8M73.3M77.0M
Retained Earnings109.7M115.6M150.8M139.4M125.4M130.3M
Cash45.8M34.4M61.6M52.4M47.2M26.2M
Non Current Assets Total241.9M241.4M209.8M212.5M244.3M161.3M
Non Currrent Assets Other5.6M6.5M6.1M6.9M6.2M6.5M
Cash And Short Term Investments63.5M52.1M79.3M70.2M80.7M42.7M
Net Receivables32.0M36.5M20.2M16.3M14.7M13.9M
Common Stock Shares Outstanding10.0M9.8M9.4M8.8M7.9M9.9M
Liabilities And Stockholders Equity402.5M421.7M406.3M370.4M426.0M329.9M
Non Current Liabilities Total126.1M124.7M109.8M109.1M125.5M131.7M
Inventory54.9M78.0M85.5M63.0M56.7M45.0M
Other Current Assets10.3M13.6M11.5M8.5M7.6M9.6M
Other Stockholder Equity(1.4M)113K50K93K83.7K79.5K
Total Liab244.5M258.9M210.7M187.0M215.0M225.8M
Property Plant And Equipment Gross207.8M208.2M176.5M343.7M395.2M415.0M
Total Current Assets160.7M180.3M196.5M158.0M142.2M122.7M
Accumulated Other Comprehensive Income(1.4M)(1.8M)50K152K174.8K183.5K
Accounts Payable23.4M28.3M20.4M16.3M14.7M17.3M
Common Stock Total Equity52.6M50.6M49.7M44.8M40.3M44.8M
Short Term Investments22.6M17.4M17.7M17.8M16.0M26.3M
Common Stock49.7M48.8M44.8M43.8M39.5M44.2M
Other Liab24.8M14.2M13.0M12M10.8M16.2M
Other Assets10.2M9.7M11.6M(37.9M)(34.1M)(32.4M)
Property Plant Equipment101.7M90.9M208.2M77.0M88.6M102.5M
Current Deferred Revenue39.8M51.5M36.0M22.8M26.2M27.5M
Intangible Assets11.7M11.3M9.0M8.9M10.2M6.5M
Net Tangible Assets178.7M158.0M139.3M195.6M225.0M179.2M
Retained Earnings Total Equity140.0M129.1M109.7M150.8M173.4M133.1M
Non Current Liabilities Other126.1M5.9M109.8M1.5M1.8M1.7M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bassett Furniture in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bassett Furniture's short interest history, or implied volatility extrapolated from Bassett Furniture options trading.

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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Moving against Bassett Stock

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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 CorrelationCorrelation 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:
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.
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.