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Bassett Furniture Industries Inc
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Market news
Financials
Income Statement
Revenue
Net Income
Revenue
Net income
(USD) | Mar 2025info | Y/Y change |
---|---|---|
Revenue | 82.16M | -5.07% |
Operating expense | 44.44M | -11.70% |
Net income | 1.85M | 255.41% |
Net profit margin | 2.26 | 263.77% |
Earnings per share | 0.21 | 250.00% |
EBITDA | 4.64M | 2,218.00% |
Effective tax rate | 27.44% | — |
Balance Sheet
Total Assets
Total Liabilities
Total assets
Total liabilities
(USD) | Mar 2025info | Y/Y change |
---|---|---|
Cash and short-term investments | 56.42M | -3.36% |
Total assets | 335.79M | -7.10% |
Total liabilities | 168.99M | -6.54% |
Total equity | 166.80M | — |
Shares outstanding | 8.70M | — |
Price to book | 0.85 | — |
Return on assets | 1.77% | — |
Return on capital | 2.20% | — |
Cash Flow
Net Change in Cash
Net change in cash
(USD) | Mar 2025info | Y/Y change |
---|---|---|
Net income | 1.85M | 255.41% |
Cash from operations | -52.00K | 99.33% |
Cash from investing | -882.00K | 62.40% |
Cash from financing | -2.56M | -48.37% |
Net change in cash | -3.49M | 70.43% |
Free cash flow | -1.56M | 78.86% |
Previous close
$16.40
Day range
$16.01 - $16.74
Year range
$12.11 - $19.67
Market cap
143.53M USD
Avg Volume
28.32K
P/E ratio
-
Dividend yield
4.85%
Primary exchange
NASDAQ
About
Bassett Furniture Industries, Inc. is a furniture manufacturer and retailer, headquartered in Bassett, Virginia, United States. It was founded in 1902 by John D. Bassett, Charles C. Bassett, Samuel H. Bassett, and Reed L. Stone. Bassett Furniture is one of the oldest furniture manufacturers in Virginia. The company began when the founders, operating a family sawmill in the foothills of the Blue Ridge Mountains, decided to use surplus lumber to produce bedroom furniture. According to oral history, the idea to pivot from raw lumber to finished furniture was proposed by the founders’ wives, Roxanne A. Hundley and Pocahontas Hundley, and it led to the birth of what would become a nationally recognized brand.
Bassett rapidly grew through the early 20th century, becoming a major force in the American furniture industry. By the 1920s, it was shipping products throughout the eastern United States. During World War II, the company contributed to the war effort by manufacturing wooden truck beds for U.S. military vehicles, including the GMC CCKW. Bassett's wartime production significantly expanded its manufacturing capabilities and footprint. Wikipedia
Founded
1902
Website
Employees
1,228