Bassett Historical Income Statement

BSET Stock  USD 15.23  0.64  4.39%   
Historical analysis of Bassett Furniture income statement accounts such as Interest Expense of 25.6 K, Selling General Administrative of 132 M or Total Revenue of 308.4 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 Discontinued Operations is comparatively stable compared to the past year.

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.

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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 Discontinued Operations is comparatively stable compared to the past year.
 2022 2023 2024 2025 (projected)
Interest Expense22K30K27K25.7K
Depreciation And Amortization10.1M9.9M11.4M10.0M

Bassett Furniture income statement Correlations

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-0.09-0.680.11-0.22-0.030.450.390.360.69-0.670.490.250.380.530.720.950.99-0.380.31-0.18-0.260.18-0.12-0.21
0.67-0.680.30.620.580.00.00.09-0.421.0-0.19-0.47-0.24-0.06-0.48-0.58-0.70.56-0.25-0.10.040.07-0.05-0.08
0.380.110.30.850.830.810.750.770.550.30.63-0.170.510.630.440.140.08-0.160.42-0.68-0.570.64-0.58-0.49
0.39-0.220.620.850.740.680.590.630.060.60.46-0.320.410.390.21-0.23-0.3-0.050.41-0.73-0.630.66-0.62-0.6
0.66-0.030.580.830.740.580.590.650.460.60.4-0.250.240.550.170.1-0.030.210.06-0.43-0.260.36-0.42-0.23
0.150.450.00.810.680.580.890.910.560.00.870.020.770.760.770.360.37-0.470.71-0.87-0.860.79-0.59-0.71
0.030.390.00.750.590.590.890.980.590.010.940.250.810.850.780.290.33-0.20.79-0.7-0.720.64-0.48-0.54
0.160.360.090.770.630.650.910.980.570.090.90.150.770.840.730.290.3-0.180.72-0.74-0.730.67-0.48-0.59
0.090.69-0.420.550.060.460.560.590.57-0.40.580.220.420.660.620.750.73-0.270.23-0.24-0.20.23-0.2-0.06
0.69-0.671.00.30.60.60.00.010.09-0.4-0.18-0.44-0.23-0.04-0.47-0.55-0.680.59-0.26-0.080.070.02-0.03-0.03
-0.130.49-0.190.630.460.40.870.940.90.58-0.180.480.930.80.910.360.44-0.350.87-0.66-0.730.55-0.45-0.47
-0.530.25-0.47-0.17-0.32-0.250.020.250.150.22-0.440.480.540.250.510.130.29-0.060.460.170.04-0.310.120.34
-0.30.38-0.240.510.410.240.770.810.770.42-0.230.930.540.530.910.220.31-0.450.89-0.69-0.750.57-0.46-0.48
0.20.53-0.060.630.390.550.760.850.840.66-0.040.80.250.530.620.470.51-0.080.56-0.42-0.460.35-0.31-0.31
-0.260.72-0.480.440.210.170.770.780.730.62-0.470.910.510.910.620.580.66-0.50.8-0.59-0.670.5-0.39-0.45
0.10.95-0.580.14-0.230.10.360.290.290.75-0.550.360.130.220.470.580.97-0.210.08-0.06-0.080.06-0.05-0.07
-0.070.99-0.70.08-0.3-0.030.370.330.30.73-0.680.440.290.310.510.660.97-0.320.22-0.07-0.130.07-0.04-0.08
0.49-0.380.56-0.16-0.050.21-0.47-0.2-0.18-0.270.59-0.35-0.06-0.45-0.08-0.5-0.21-0.32-0.450.570.63-0.550.470.49
-0.460.31-0.250.420.410.060.710.790.720.23-0.260.870.460.890.560.80.080.22-0.45-0.68-0.810.6-0.49-0.58
0.02-0.18-0.1-0.68-0.73-0.43-0.87-0.7-0.74-0.24-0.08-0.660.17-0.69-0.42-0.59-0.06-0.070.57-0.680.96-0.930.70.87
0.17-0.260.04-0.57-0.63-0.26-0.86-0.72-0.73-0.20.07-0.730.04-0.75-0.46-0.67-0.08-0.130.63-0.810.96-0.920.670.89
0.00.180.070.640.660.360.790.640.670.230.020.55-0.310.570.350.50.060.07-0.550.6-0.93-0.92-0.67-0.96
0.08-0.12-0.05-0.58-0.62-0.42-0.59-0.48-0.48-0.2-0.03-0.450.12-0.46-0.31-0.39-0.05-0.040.47-0.490.70.67-0.670.61
-0.01-0.21-0.08-0.49-0.6-0.23-0.71-0.54-0.59-0.06-0.03-0.470.34-0.48-0.31-0.45-0.07-0.080.49-0.580.870.89-0.960.61
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Bassett Furniture Account Relationship Matchups

Bassett Furniture income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization10.0M10.0M10.1M9.9M11.4M10.0M
Interest Expense322K38K22K30K27K25.7K
Selling General Administrative196.8M201.4M205.2M187.5M215.7M132.0M
Total Revenue486.5M485.6M390.1M179.4M161.5M308.4M
Gross Profit222.8M248.3M206.5M28.9M33.2M31.6M
Other Operating Expenses460.5M455.3M388.9M346.2M311.6M303.3M
Operating Income26.0M25.7M(3.1M)(16.3M)(14.6M)(13.9M)
Ebit30.6M26.9M(3.1M)(14.3M)(12.9M)(12.3M)
Ebitda40.6M37.0M(3.1M)(4.4M)(5.1M)(4.8M)
Cost Of Revenue263.7M237.3M183.6M150.5M135.5M204.5M
Total Operating Expenses196.8M218.1M205.2M195.7M225.0M135.9M
Income Before Tax24.2M34.1M(2.5M)(14.4M)(12.9M)(12.3M)
Total Other Income Expense Net(1.5M)8.4M647K1.9M1.7M1.6M
Net Income18.0M25.4M(3.2M)(9.7M)(8.7M)(8.3M)
Income Tax Expense6.2M8.7M683K(4.7M)(4.2M)(4.0M)
Net Income Applicable To Common Shares(1.9M)(10.4M)18.0M65.3M75.1M78.9M
Net Income From Continuing Ops18.0M25.4M(3.2M)(9.7M)(8.7M)(8.3M)
Selling And Marketing Expenses12.6M15.2M16.7M19.1M22.0M18.4M
Tax Provision6.2M8.7M683K(4.7M)(4.2M)(4.0M)
Interest Income54K302K2.5M2.7M3.1M3.2M
Net Interest Income(268K)264K2.5M2.6M3.0M3.2M
Reconciled Depreciation14.6M11.3M10.1M9.9M8.9M9.9M

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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.