BSET - Bassett Furniture Industries, Incorporated
NASDAQ
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Consumer Cyclical
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Furnishings, Fixtures & Appliances
Bassett,
United States
Type: Equity
BSET price evolution
BSET
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $40.61 | $52.41 | $48.01 | $54.6 |
| Short term investments | $17.77 | $17.77 | $17.74 | $17.73 |
| Net receivables | $13.94 | $13.74 | $15.34 | $14.83 |
| Inventory | $62.96 | $62.98 | $66.87 | $70.33 |
| Total current assets | $149.5 | $157.95 | $161.08 | $169.38 |
| Long term investments | ||||
| Property, plant & equipment | $182.98 | $184.87 | $174.24 | $172.05 |
| Goodwill & intangible assets | $16.07 | $16.07 | $21.55 | $21.53 |
| Total noncurrent assets | $211.94 | $212.47 | $207.95 | $204.95 |
| Total investments | $17.77 | $17.77 | $17.74 | $17.73 |
| Total assets | $361.44 | $370.42 | $369.03 | $374.32 |
| Current liabilities | ||||
| Accounts payable | $14.63 | $16.34 | $17.12 | $16.21 |
| Deferred revenue | ||||
| Short long term debt | $17.53 | $18.83 | $19.61 | $19.01 |
| Total current liabilities | $73.28 | $77.89 | $82.04 | $79.69 |
| Long term debt | $95.31 | $97.36 | $85.88 | $89.17 |
| Total noncurrent liabilities | $107.52 | $109.09 | $98.21 | $101.45 |
| Total debt | $112.84 | $116.18 | $105.48 | $108.18 |
| Total liabilities | $180.81 | $186.98 | $180.25 | $181.14 |
| Shareholders' equity | ||||
| Retained earnings | $136.59 | $139.35 | $145.03 | $149.39 |
| Other shareholder equity | -$0.01 | $0.15 | -$0.05 | -$0.11 |
| Total shareholder equity | $180.64 | $183.44 | $188.78 | $193.19 |
| (in millions $) | 31 Dec 2023 | 26 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $52.41 | $61.63 | $34.37 | $45.8 |
| Short term investments | $17.77 | $17.71 | $17.71 | $17.71 |
| Net receivables | $13.74 | $20.19 | $28.17 | $22.34 |
| Inventory | $62.98 | $85.48 | $78 | $54.89 |
| Total current assets | $157.95 | $196.5 | $180.28 | $160.68 |
| Long term investments | ||||
| Property, plant & equipment | $184.87 | $176.47 | $208.21 | $207.82 |
| Goodwill & intangible assets | $16.07 | $21.73 | $23.45 | $23.83 |
| Total noncurrent assets | $212.47 | $209.78 | $241.38 | $241.87 |
| Total investments | $17.77 | $17.71 | $17.71 | $17.71 |
| Total assets | $370.42 | $406.27 | $421.66 | $402.55 |
| Current liabilities | ||||
| Accounts payable | $16.34 | $20.36 | $28.32 | $23.43 |
| Deferred revenue | ||||
| Short long term debt | $18.83 | $18.82 | $27.69 | $27.08 |
| Total current liabilities | $77.89 | $100.83 | $134.22 | $118.37 |
| Long term debt | $97.36 | $0.36 | $105.84 | $111.97 |
| Total noncurrent liabilities | $109.09 | $109.84 | $124.71 | $126.15 |
| Total debt | $116.18 | $116.3 | $133.53 | $139.05 |
| Total liabilities | $186.98 | $210.66 | $258.93 | $244.52 |
| Shareholders' equity | ||||
| Retained earnings | $139.35 | $150.8 | $115.63 | $109.71 |
| Other shareholder equity | $0.15 | $0.05 | -$1.82 | -$1.39 |
| Total shareholder equity | $183.44 | $195.61 | $162.73 | $158.03 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $86.55 | $94.7 | $87.22 | $100.52 |
| Cost of revenue | $38.69 | $43.29 | $42.17 | $47.69 |
| Gross Profit | $47.87 | $51.41 | $45.04 | $52.83 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $50.22 | $50.52 | $48.85 | $51.37 |
| Total operating expenses | $50.22 | $55.93 | $48.85 | $51.37 |
| Operating income | -$2.36 | -$4.51 | -$3.8 | $1.47 |
| Income from continuing operations | ||||
| EBIT | -$1.71 | -$4.11 | -$3.19 | $2.54 |
| Income tax expense | -$0.51 | -$0.03 | -$0.6 | $0.47 |
| Interest expense | $0.02 | |||
| Net income | ||||
| Net income | -$1.19 | -$4.1 | -$2.59 | $2.08 |
| Income (for common shares) | -$1.19 | -$4.1 | -$2.59 | $2.08 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $390.14 | $485.6 | $486.53 | $385.86 |
| Cost of revenue | $183.65 | $237.26 | $263.7 | $163.57 |
| Gross Profit | $206.49 | $248.34 | $222.83 | $222.3 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $205.23 | $218.07 | $196.83 | $223.31 |
| Total operating expenses | $210.64 | $218.07 | $196.83 | $238.52 |
| Operating income | -$4.15 | $30.27 | $26 | -$16.22 |
| Income from continuing operations | ||||
| EBIT | -$2.47 | $74.08 | $24.56 | -$16.74 |
| Income tax expense | $0.68 | $8.7 | $6.2 | -$6.37 |
| Interest expense | $0.02 | $0.04 | $0.32 | $0.05 |
| Net income | ||||
| Net income | -$3.17 | $65.34 | $18.04 | -$10.42 |
| Income (for common shares) | -$3.17 | $65.34 | $18.04 | -$10.42 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Net income | -$1.19 | -$4.1 | -$2.59 | $2.08 |
| Operating activities | ||||
| Depreciation | $2.66 | $2.64 | $2.59 | $2.57 |
| Business acquisitions & disposals | $1 | |||
| Stock-based compensation | ||||
| Total cash flows from operations | -$7.74 | $8.47 | $3.84 | $5.85 |
| Investing activities | ||||
| Capital expenditures | -$2.08 | -$2.33 | -$7.25 | -$4.06 |
| Investments | ||||
| Total cash flows from investing | -$2.35 | -$2.44 | -$8.28 | -$3.14 |
| Financing activities | ||||
| Dividends paid | -$1.57 | -$1.58 | -$1.57 | -$1.41 |
| Sale and purchase of stock | $0.09 | -$0.08 | -$0.51 | -$1.51 |
| Net borrowings | -$0.07 | -$0.07 | -$0.07 | -$0.07 |
| Total cash flows from financing | -$1.72 | -$1.72 | -$2.15 | -$2.99 |
| Effect of exchange rate | $0.01 | $0.09 | $0.01 | -$0.01 |
| Change in cash and equivalents | -$11.8 | $4.39 | -$6.59 | -$0.29 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$3.17 | $65.34 | $18.04 | -$10.42 |
| Operating activities | ||||
| Depreciation | $10.14 | $11.31 | $14.6 | $13.48 |
| Business acquisitions & disposals | $1 | $78.95 | ||
| Stock-based compensation | ||||
| Total cash flows from operations | $18.72 | -$2.97 | $14.56 | $36.67 |
| Investing activities | ||||
| Capital expenditures | -$16.99 | -$13.07 | -$10.37 | -$3.68 |
| Investments | -$0.28 | |||
| Total cash flows from investing | -$17.76 | $65.84 | -$11.57 | -$3.75 |
| Financing activities | ||||
| Dividends paid | -$5.98 | -$20.16 | -$7.69 | -$4.54 |
| Sale and purchase of stock | -$3.86 | -$14.7 | -$5.16 | -$1.92 |
| Net borrowings | -$0.28 | -$0.68 | -$1.35 | -$0.12 |
| Total cash flows from financing | -$10.23 | -$35.56 | -$14.42 | -$6.82 |
| Effect of exchange rate | $0.05 | -$0.06 | ||
| Change in cash and equivalents | -$9.22 | $27.25 | -$11.43 | $26.11 |
News
Fundamentals
| Market cap | $115.06M |
|---|---|
| Enterprise value | $187.29M |
| Shares outstanding | 8.78M |
| Revenue | $368.99M |
|---|---|
| EBITDA | $4.01M |
| EBIT | -$6.46M |
| Net Income | -$5.81M |
| Revenue Q/Q | -19.63% |
| Revenue Y/Y | -22.39% |
| P/E ratio | -19.81 |
|---|---|
| EV/Sales | 0.51 |
| EV/EBITDA | 46.74 |
| EV/EBIT | -29.00 |
| P/S ratio | 0.31 |
| P/B ratio | 0.64 |
| Book/Share | 20.58 |
| Cash/Share | 4.63 |
| EPS | -$0.66 |
|---|---|
| ROA | -1.58% |
| ROE | -3.11% |
| Debt/Equity | 1.02 |
|---|---|
| Net debt/EBITDA | 34.99 |
| Current ratio | 2.04 |
| Quick ratio | 1.18 |