Robert Spilman - Bassett Furniture CEO and President and Director

BSET Stock  USD 14.94  0.55  3.82%   

CEO

Mr. Robert H. Spilman, Jr., is Chairman of the Board, President, Chief Executive Officer of the company. He was served as President and Chief Operating Officer of the Company from 1997 to 2000. Director, Harris Teeter Supermarkets, Inc. and Dominion Energy, Inc., from 2009 to present. Mr. Spilmans 35 year career at the Company, including 17 years as Chief Executive Officer, gives him an indepth knowledge of the Company and the furniture industry. since 2016.
Age 68
Tenure 8 years
Address 3525 Fairystone Park Highway, Bassett, VA, United States, 24055
Phone276 629 6000
Webhttps://www.bassettfurniture.com

Robert Spilman Latest Insider Activity

Tracking and analyzing the buying and selling activities of Robert Spilman against Bassett Furniture stock is an integral part of due diligence when investing in Bassett Furniture. Robert Spilman insider activity provides valuable insight into whether Bassett Furniture is net buyers or sellers over its current business cycle. Note, Bassett Furniture insiders must abide by specific rules, including filing SEC forms every time they buy or sell Bassett Furniture'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Bassett Furniture Management Efficiency

The company has return on total asset (ROA) of (0.0177) % which means that it has lost $0.0177 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0961) %, meaning that it created substantial loss on money invested by shareholders. Bassett Furniture's management efficiency ratios could be used to measure how well Bassett Furniture manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.0073 in 2024. Return On Capital Employed is likely to drop to 0.04 in 2024. Non Current Liabilities Total is likely to gain to about 131.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 57.9 M in 2024.
Bassett Furniture Industries currently holds 116.18 M in liabilities with Debt to Equity (D/E) ratio of 0.54, which is about average as compared to similar companies. Bassett Furniture has a current ratio of 1.9, which is within standard range for the sector. Note, when we think about Bassett Furniture's use of debt, we should always consider it together with its cash and equity.

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Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. Bassett Furniture Industries, Incorporated was incorporated in 1902 and is based in Bassett, Virginia. Bassett Furniture operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. It employs 2219 people. Bassett Furniture Industries (BSET) is traded on NASDAQ Exchange in USA. It is located in 3525 Fairystone Park Highway, Bassett, VA, United States, 24055 and employs 1,389 people. Bassett Furniture is listed under Household Durables category by Fama And French industry classification.

Management Performance

Bassett Furniture Leadership Team

Elected by the shareholders, the Bassett Furniture's board of directors comprises two types of representatives: Bassett Furniture inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bassett. The board's role is to monitor Bassett Furniture's management team and ensure that shareholders' interests are well served. Bassett Furniture's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bassett Furniture's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Jordan, Sr. VP of Upholstery
Michael Daniel, CFO, Chief Accounting Officer and Sr. VP
Robert Spilman, CEO and President and Director
Brian Claspell, Senior Officer
Bruce Cohenour, Sr. VP of Sales and Merchandising
Jay Esq, Secretary VP
Edward White, Vice Resources
John III, Senior Officer
Peter Morrison, VP Officer
Nicholas Gee, Senior Retail
Drury Ingram, VP Controller
Kara KelchnerStrong, Senior Officer
David Baker, Senior Vice President - Corporate Retail

Bassett Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bassett Furniture a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Additional Tools for Bassett Stock Analysis

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