Bassett Common Stock vs Property Plant Equipment Analysis

BSET Stock  USD 14.02  0.21  1.48%   
Bassett Furniture financial indicator trend analysis is way more than just evaluating Bassett Furniture prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bassett Furniture is a good investment. Please check the relationship between Bassett Furniture Common Stock and its Property Plant Equipment accounts. 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.

Common Stock vs Property Plant Equipment

Common Stock vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bassett Furniture Common Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bassett Furniture's Common Stock and Property Plant Equipment is -0.03. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Bassett Furniture Industries, assuming nothing else is changed. The correlation between historical values of Bassett Furniture's Common Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Bassett Furniture Industries are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Common Stock i.e., Bassett Furniture's Common Stock and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Property Plant Equipment

Most indicators from Bassett Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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. Issuance Of Capital Stock is likely to gain to about 380.1 K in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.56 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense38K22K19.8K18.8K
Depreciation And Amortization10.0M10.1M11.7M10.0M

Bassett Furniture fundamental ratios Correlations

0.80.540.77-0.070.920.870.030.380.97-0.490.57-0.07-0.590.90.450.44-0.410.920.720.50.5-0.26-0.770.0-0.72
0.80.410.54-0.220.870.87-0.10.020.81-0.410.1-0.16-0.60.870.310.43-0.370.850.760.160.8-0.29-0.790.0-0.76
0.540.410.380.090.510.460.140.130.45-0.230.2-0.2-0.310.50.550.62-0.240.510.460.38-0.1-0.23-0.550.05-0.45
0.770.540.38-0.360.660.67-0.370.070.84-0.680.31-0.31-0.620.620.540.7-0.530.770.30.360.490.27-0.620.16-0.51
-0.07-0.220.09-0.36-0.23-0.390.980.61-0.270.20.40.740.64-0.280.13-0.390.19-0.34-0.180.6-0.2-0.070.47-0.170.44
0.920.870.510.66-0.230.95-0.110.140.92-0.530.33-0.24-0.670.980.20.44-0.440.970.880.20.52-0.34-0.850.16-0.82
0.870.870.460.67-0.390.95-0.270.030.9-0.360.19-0.27-0.670.980.260.53-0.290.970.80.170.54-0.32-0.840.13-0.79
0.03-0.10.14-0.370.98-0.11-0.270.63-0.190.270.410.780.61-0.160.1-0.370.21-0.24-0.050.61-0.15-0.190.39-0.230.36
0.380.020.130.070.610.140.030.630.210.060.820.50.20.170.26-0.33-0.180.110.10.74-0.08-0.260.07-0.540.04
0.970.810.450.84-0.270.920.9-0.190.21-0.590.46-0.25-0.730.90.40.5-0.460.940.720.330.57-0.2-0.830.07-0.79
-0.49-0.41-0.23-0.680.2-0.53-0.360.270.06-0.59-0.270.520.66-0.39-0.21-0.310.73-0.53-0.370.02-0.39-0.160.56-0.410.55
0.570.10.20.310.40.330.190.410.820.46-0.270.18-0.180.30.24-0.23-0.230.290.280.61-0.06-0.37-0.23-0.1-0.26
-0.07-0.16-0.2-0.310.74-0.24-0.270.780.5-0.250.520.180.82-0.24-0.04-0.310.39-0.3-0.290.570.020.030.63-0.380.64
-0.59-0.6-0.31-0.620.64-0.67-0.670.610.2-0.730.66-0.180.82-0.66-0.22-0.370.51-0.7-0.630.24-0.370.220.92-0.270.92
0.90.870.50.62-0.280.980.98-0.160.170.9-0.390.3-0.24-0.660.240.43-0.360.970.870.220.51-0.39-0.850.06-0.82
0.450.310.550.540.130.20.260.10.260.4-0.210.24-0.04-0.220.240.51-0.240.31-0.080.670.220.29-0.31-0.19-0.22
0.440.430.620.7-0.390.440.53-0.37-0.330.5-0.31-0.23-0.31-0.370.430.51-0.140.550.150.190.280.31-0.460.2-0.29
-0.41-0.37-0.24-0.530.19-0.44-0.290.21-0.18-0.460.73-0.230.390.51-0.36-0.24-0.14-0.46-0.34-0.03-0.31-0.170.490.110.48
0.920.850.510.77-0.340.970.97-0.240.110.94-0.530.29-0.3-0.70.970.310.55-0.460.790.240.54-0.22-0.850.13-0.8
0.720.760.460.3-0.180.880.8-0.050.10.72-0.370.28-0.29-0.630.87-0.080.15-0.340.79-0.060.32-0.64-0.810.14-0.84
0.50.160.380.360.60.20.170.610.740.330.020.610.570.240.220.670.19-0.030.24-0.060.10.080.05-0.280.12
0.50.8-0.10.49-0.20.520.54-0.15-0.080.57-0.39-0.060.02-0.370.510.220.28-0.310.540.320.10.09-0.41-0.05-0.39
-0.26-0.29-0.230.27-0.07-0.34-0.32-0.19-0.26-0.2-0.16-0.370.030.22-0.390.290.31-0.17-0.22-0.640.080.090.350.00.43
-0.77-0.79-0.55-0.620.47-0.85-0.840.390.07-0.830.56-0.230.630.92-0.85-0.31-0.460.49-0.85-0.810.05-0.410.35-0.180.98
0.00.00.050.16-0.170.160.13-0.23-0.540.07-0.41-0.1-0.38-0.270.06-0.190.20.110.130.14-0.28-0.050.0-0.18-0.19
-0.72-0.76-0.45-0.510.44-0.82-0.790.360.04-0.790.55-0.260.640.92-0.82-0.22-0.290.48-0.8-0.840.12-0.390.430.98-0.19
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Bassett Furniture Account Relationship Matchups

Bassett Furniture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets402.5M421.7M406.3M370.4M426.0M329.9M
Other Current Liab(8.6M)89.7M59.0M42.7M49.1M51.6M
Total Current Liabilities118.4M134.2M100.8M77.9M89.6M57.9M
Total Stockholder Equity158.0M162.7M195.6M183.4M165.1M171.9M
Property Plant And Equipment Net207.8M208.2M176.5M184.9M212.6M223.2M
Net Debt93.3M99.2M54.7M63.8M73.3M77.0M
Retained Earnings109.7M115.6M150.8M139.4M125.4M130.3M
Cash45.8M34.4M61.6M52.4M47.2M26.2M
Non Current Assets Total241.9M241.4M209.8M212.5M244.3M161.3M
Non Currrent Assets Other5.6M6.5M6.1M6.9M6.2M6.5M
Cash And Short Term Investments63.5M52.1M79.3M70.2M80.7M42.7M
Net Receivables32.0M20.6M20.2M16.3M14.7M13.9M
Common Stock Shares Outstanding10.0M9.8M9.4M8.8M7.9M9.9M
Liabilities And Stockholders Equity402.5M421.7M406.3M370.4M426.0M329.9M
Non Current Liabilities Total126.1M124.7M109.8M109.1M125.5M131.7M
Inventory54.9M78.0M85.5M63.0M56.7M45.0M
Other Current Assets10.3M29.6M11.5M8.5M7.6M10.0M
Other Stockholder Equity(1.4M)113K50K93K83.7K79.5K
Total Liab244.5M258.9M210.7M187.0M215.0M225.8M
Property Plant And Equipment Gross207.8M208.2M176.5M343.7M395.2M415.0M
Total Current Assets160.7M180.3M196.5M158.0M142.2M122.7M
Accumulated Other Comprehensive Income(1.4M)(1.8M)50K152K174.8K183.5K
Accounts Payable23.4M24.0M20.4M16.3M14.7M17.2M
Common Stock Total Equity52.6M50.6M49.7M44.8M40.3M44.8M
Short Term Investments22.6M17.4M17.7M17.8M16.0M26.3M
Common Stock49.7M48.8M44.8M43.8M39.5M44.2M
Other Liab24.8M14.2M13.0M12M10.8M16.2M
Other Assets10.2M9.7M11.6M(37.9M)(34.1M)(32.4M)
Property Plant Equipment101.7M90.9M208.2M77.0M88.6M102.5M
Current Deferred Revenue39.8M51.5M36.0M22.8M26.2M27.5M
Intangible Assets11.7M11.3M9.0M8.9M10.2M6.5M
Net Tangible Assets178.7M158.0M139.3M195.6M225.0M179.2M
Retained Earnings Total Equity140.0M129.1M109.7M150.8M173.4M133.1M
Non Current Liabilities Other126.1M5.9M109.8M1.5M1.8M1.7M

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