Bassett Historical Income Statement

BSET Stock  USD 14.94  0.55  3.82%   
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.
 
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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.
  
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 closely tied 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

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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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.
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 closely tied with the direction of predictive economic indicators such as signals in income.
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.
 2021 2022 2023 2024 (projected)
Interest Expense38K22K19.8K18.8K
Depreciation And Amortization10.0M10.1M11.7M10.0M

Bassett Furniture income statement Correlations

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-0.09-0.690.05-0.57-0.060.530.40.360.7-0.670.520.270.380.530.750.950.99-0.370.31-0.16-0.250.17-0.13-0.2
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0.640.050.50.670.990.640.640.720.490.540.44-0.10.240.590.20.170.060.25-0.02-0.4-0.230.29-0.35-0.17
0.71-0.570.960.670.740.130.170.28-0.270.98-0.04-0.32-0.130.11-0.37-0.46-0.580.58-0.23-0.16-0.010.07-0.06-0.08
0.7-0.060.60.990.740.520.520.60.40.640.29-0.210.10.470.050.1-0.040.32-0.17-0.33-0.130.24-0.31-0.12
0.180.53-0.090.640.130.520.840.910.55-0.060.820.160.670.730.730.460.47-0.390.52-0.75-0.750.66-0.56-0.58
0.020.4-0.060.640.170.520.840.970.56-0.030.910.390.750.810.720.320.36-0.070.69-0.55-0.580.47-0.42-0.38
0.150.360.050.720.280.60.910.970.50.080.860.230.70.760.670.30.31-0.110.62-0.69-0.680.61-0.52-0.52
0.090.7-0.450.49-0.270.40.550.560.5-0.410.550.280.350.650.590.780.76-0.170.11-0.09-0.040.07-0.090.09
0.69-0.671.00.540.980.64-0.06-0.030.08-0.41-0.25-0.43-0.3-0.07-0.53-0.55-0.680.61-0.37-0.050.11-0.010.01-0.02
-0.160.52-0.280.44-0.040.290.820.910.860.55-0.250.670.910.750.890.40.49-0.250.81-0.49-0.580.36-0.37-0.29
-0.530.27-0.45-0.1-0.32-0.210.160.390.230.28-0.430.670.710.340.640.140.3-0.110.680.1-0.05-0.260.080.29
-0.360.38-0.330.24-0.130.10.670.750.70.35-0.30.910.710.40.90.240.34-0.380.84-0.55-0.640.4-0.41-0.33
0.210.53-0.110.590.110.470.730.810.760.65-0.070.750.340.40.540.50.540.050.45-0.21-0.260.14-0.16-0.11
-0.30.75-0.560.2-0.370.050.730.720.670.59-0.530.890.640.90.540.630.71-0.440.74-0.47-0.570.36-0.35-0.32
0.10.95-0.570.17-0.460.10.460.320.30.78-0.550.40.140.240.50.630.97-0.210.08-0.06-0.070.06-0.06-0.07
-0.080.99-0.70.06-0.58-0.040.470.360.310.76-0.680.490.30.340.540.710.97-0.320.24-0.06-0.130.06-0.04-0.07
0.51-0.370.610.250.580.32-0.39-0.07-0.11-0.170.61-0.25-0.11-0.380.05-0.44-0.21-0.32-0.340.550.62-0.530.490.46
-0.580.31-0.38-0.02-0.23-0.170.520.690.620.11-0.370.810.680.840.450.740.080.24-0.34-0.47-0.660.39-0.37-0.39
0.05-0.16-0.04-0.4-0.16-0.33-0.75-0.55-0.69-0.09-0.05-0.490.1-0.55-0.21-0.47-0.06-0.060.55-0.470.95-0.910.790.85
0.23-0.250.11-0.23-0.01-0.13-0.75-0.58-0.68-0.040.11-0.58-0.05-0.64-0.26-0.57-0.07-0.130.62-0.660.95-0.890.750.87
-0.040.170.00.290.070.240.660.470.610.07-0.010.36-0.260.40.140.360.060.06-0.530.39-0.91-0.89-0.75-0.95
0.1-0.130.02-0.35-0.06-0.31-0.56-0.42-0.52-0.090.01-0.370.08-0.41-0.16-0.35-0.06-0.040.49-0.370.790.75-0.750.68
0.01-0.2-0.04-0.17-0.08-0.12-0.58-0.38-0.520.09-0.02-0.290.29-0.33-0.11-0.32-0.07-0.070.46-0.390.850.87-0.950.68
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Bassett Furniture Account Relationship Matchups

Bassett Furniture income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization13.5M10.0M10.0M10.1M11.7M10.0M
Interest Expense49K322K38K22K19.8K18.8K
Selling General Administrative223.3M196.8M201.4M205.2M236.0M130.1M
Total Revenue385.9M486.5M485.6M390.1M351.1M312.6M
Gross Profit222.3M222.8M248.3M206.5M237.5M145.7M
Other Operating Expenses386.9M460.5M455.3M388.9M350.0M304.0M
Operating Income14.2M26.0M25.7M(3.1M)(2.8M)(2.7M)
Ebit(16.7M)30.6M26.9M(3.1M)(3.6M)(3.4M)
Ebitda(3.3M)40.6M37.0M(3.1M)(3.6M)(3.4M)
Cost Of Revenue163.6M263.7M237.3M183.6M165.3M206.7M
Total Operating Expenses223.3M196.8M218.1M205.2M236.0M133.9M
Income Before Tax(16.8M)24.2M34.1M(2.5M)(2.2M)(2.1M)
Total Other Income Expense Net(15.7M)(1.5M)8.4M647K582.3K553.2K
Net Income(10.4M)18.0M25.4M(3.2M)(2.9M)(2.7M)
Income Tax Expense(6.4M)6.2M8.7M683K614.7K584.0K
Net Income Applicable To Common Shares(1.9M)(10.4M)18.0M65.3M75.1M78.9M
Net Income From Continuing Ops(10.4M)18.0M25.4M(3.2M)(2.9M)(2.7M)
Non Operating Income Net Other(1.8M)(1.1M)(514K)3.8M3.4M6.3M
Selling And Marketing Expenses12.6M15.2M16.7M19.1M22.0M18.4M
Tax Provision(6.4M)6.2M8.7M683K614.7K584.0K
Interest Income236K54K302K2.5M2.9M3.1M
Net Interest Income187K(268K)264K2.5M2.9M3.0M
Reconciled Depreciation13.5M14.6M11.3M10.1M9.1M10.2M

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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.