Bassett Furniture Industries Stock Net Income

BSET Stock  USD 14.81  0.31  2.05%   
Bassett Furniture Industries fundamentals help investors to digest information that contributes to Bassett Furniture's financial success or failures. It also enables traders to predict the movement of Bassett Stock. The fundamental analysis module provides a way to measure Bassett Furniture's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bassett Furniture stock.
Last ReportedProjected for Next Year
Net Loss-2.9 M-2.7 M
Net Income Applicable To Common Shares75.1 M78.9 M
Net Loss-2.9 M-2.7 M
Net Loss(0.19)(0.18)
Net Income Per E B T 1.11  0.62 
Net Income Applicable To Common Shares is likely to gain to about 78.9 M in 2024, despite the fact that Net Loss is likely to grow to (2.7 M).
  
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Bassett Furniture Industries Company Net Income Analysis

Bassett Furniture's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Bassett Furniture Net Income

    
  (3.17 M)  
Most of Bassett Furniture's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bassett Furniture Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Bassett Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Bassett Furniture is extremely important. It helps to project a fair market value of Bassett Stock properly, considering its historical fundamentals such as Net Income. Since Bassett Furniture's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bassett Furniture's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bassett Furniture's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Bassett Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

183,540

At this time, Bassett Furniture's Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Bassett Furniture Industries reported net income of (3.17 Million). This is 100.62% lower than that of the Household Durables sector and significantly lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 100.56% higher than that of the company.

Bassett Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bassett Furniture's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bassett Furniture could also be used in its relative valuation, which is a method of valuing Bassett Furniture by comparing valuation metrics of similar companies.
Bassett Furniture is currently under evaluation in net income category among its peers.

Bassett Furniture ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bassett Furniture's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bassett Furniture's managers, analysts, and investors.
Environmental
Governance
Social

Bassett Furniture Institutional Holders

Institutional Holdings refers to the ownership stake in Bassett Furniture that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Bassett Furniture's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Bassett Furniture's value.
Shares
Bank Of New York Mellon Corp2024-06-30
76.6 K
Aristides Capital Llc2024-06-30
74.4 K
Bridgeway Capital Management, Llc2024-06-30
65.6 K
American Century Companies Inc2024-06-30
62.8 K
Beacon Investment Advisors Llc2024-06-30
43.4 K
Susquehanna International Group, Llp2024-06-30
38.6 K
Morgan Stanley - Brokerage Accounts2024-06-30
32.5 K
State Street Corp2024-06-30
30.6 K
Empowered Funds, Llc2024-06-30
24.2 K
Dimensional Fund Advisors, Inc.2024-06-30
713.7 K
Gamco Investors, Inc. Et Al2024-06-30
575 K

Bassett Fundamentals

About Bassett Furniture Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bassett Furniture Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bassett Furniture using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bassett Furniture Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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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.