Bassett Income Before Tax from 2010 to 2024

BSET Stock  USD 14.94  0.55  3.82%   
Bassett Furniture Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Bassett Furniture Income Before Tax quarterly data regression had mean square error of 238.4 T and mean deviation of  13,915,147. View All Fundamentals
 
Income Before Tax  
First Reported
1989-05-31
Previous Quarter
-8.1 M
Current Value
-5.8 M
Quarterly Volatility
8.5 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bassett Furniture financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bassett Furniture's main balance sheet or income statement drivers, such as Depreciation And Amortization of 10 M, Interest Expense of 18.8 K or Selling General Administrative of 130.1 M, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0428 or PTB Ratio of 1.18. Bassett financial statements analysis is a perfect complement when working with Bassett Furniture Valuation or Volatility modules.
  
Check out the analysis of Bassett Furniture Correlation against competitors.

Latest Bassett Furniture's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Bassett Furniture Industries over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Bassett Furniture income statement and is an important metric when analyzing Bassett Furniture profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Bassett Furniture's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bassett Furniture's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Bassett Income Before Tax Regression Statistics

Arithmetic Mean13,923,771
Coefficient Of Variation122.22
Mean Deviation13,915,147
Median12,206,000
Standard Deviation17,018,104
Sample Variance289.6T
Range60.2M
R-Value(0.49)
Mean Square Error238.4T
R-Squared0.24
Significance0.07
Slope(1,847,825)
Total Sum of Squares4054.6T

Bassett Income Before Tax History

2024-2.1 M
2023-2.2 M
2022-2.5 M
202134.1 M
202024.2 M
2019-16.8 M
2018-1.7 M

About Bassett Furniture Financial Statements

Bassett Furniture shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Bassett Furniture investors may analyze each financial statement separately, they are all interrelated. The changes in Bassett Furniture's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bassett Furniture's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax-2.2 M-2.1 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Bassett Stock Analysis

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.