Bassett Furniture Industries (Bassett Furniture Industries) Total Liabilities : $180.8 Mil (As of Feb. 2024)

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What is Bassett Furniture Industries Total Liabilities?

Bassett Furniture Industries's Total Liabilities for the quarter that ended in Feb. 2024 was $180.8 Mil.

Bassett Furniture Industries's quarterly Total Liabilities increased from Aug. 2023 ($180.25 Mil) to Nov. 2023 ($186.98 Mil) but then declined from Nov. 2023 ($186.98 Mil) to Feb. 2024 ($180.81 Mil).

Bassett Furniture Industries's annual Total Liabilities declined from Nov. 2021 ($258.93 Mil) to Nov. 2022 ($210.66 Mil) and declined from Nov. 2022 ($210.66 Mil) to Nov. 2023 ($186.98 Mil).

Bassett Furniture Industries Total Liabilities Historical Data

The historical data trend for Bassett Furniture Industries's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bassett Furniture Industries Total Liabilities Chart

Bassett Furniture Industries Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Total Liabilities

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97.10

244.52

258.93

210.66

186.98

Bassett Furniture Industries Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Liabilities	Get a 7-Day Free Trial															197.76	181.14	180.25	186.98	180.81

Bassett Furniture Industries Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Bassett Furniture Industries's Total Liabilities for the fiscal year that ended in Nov. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	77.89	+	(97.357	+	1.529
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	10.207)
	=	187.0

Total Liabilities	=	Total Assets (A: Nov. 2023 )	-	Total Equity (A: Nov. 2023 )
	=	370.424	-	183.441
	=	187.0

Bassett Furniture Industries's Total Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	73.285	+	(95.312	+	1.532
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	10.678)
	=	180.8

Total Liabilities	=	Total Assets (Q: Feb. 2024 )	-	Total Equity (Q: Feb. 2024 )
	=	361.445	-	180.638
	=	180.8

Bassett Furniture Industries Total Liabilities Related Terms

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Bassett Furniture Industries (Bassett Furniture Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Bassett Furniture Industries Inc (NAS:BSET) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

3525 Fairystone Park Highway, P.O. Box 626, Bassett, VA, USA, 24055

Website

https://www.bassettfurniture.com

Bassett Furniture Industries Inc is a manufacturer, importer, and retailer of home furnishings products in the United States. It operates through the following segments: The Wholesale segment focuses on the design, manufacture, sourcing, sale, and distribution of furniture products. The Retail segment consists of company-owned stores.

Executives

Spilman Robert H Jr	director, officer: Pres & Chief Executive Officer	C/O BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
John Michael Daniel	officer: V P, Chief Accounting Officer	P O BOX 626, 3525 FAIRYSTONE PARK HWY, BASSETT VA 24055
Warden William C Jr	director	PO BOX 2328, HICKORY NC 28603-2328
David C Baker	officer: SVP, Corporate Retail	1012 SHERATON, COURT, MARTINSVILLE VA 24112
Emma S. Battle	director	101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Virginia W. Hamlet	director	P.O. BOX 626, BASSETT VA 24055
Wampler William C Jr	director	510 CUMBERLAND STREET, BRISTOL VA 24201-4387
Bassett John E Iii	officer: vice President Global Sourcing	C/O BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
John R Belk	director	BELK INC, 2801 WEST TYVOLA ROAD, CHARLOTTE NC 28217-4500
Stefanie Jane Lucas	officer: SVP, Chief Merchandising Offic	P.O. BOX 626, BASSETT VA 24055
Kara Ann Kelchner-strong	officer: SVP, Customer Experience Offic	P.O. BOX 626, BASSETT VA 24055
Mark S Jordan	officer: Vice President Upholstery	BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
Jay R Hervey	officer: Vice Pres Sec & Gen Counsel
Bruce Cohenour	officer: SR VP/SALES & MERCHANDISING	HOOKER FURNITURE CORPORATION, 440 EAST COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Kristina K Cashman	director