Bassett Furniture Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $17.5 Mil. Bassett Furniture Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $95.3 Mil. Bassett Furniture Industries's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $180.6 Mil.
Bassett Furniture Industries's debt to equity for the quarter that ended in Feb. 2024 was 0.62.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Bassett Furniture Industries's Debt-to-Equity or its related term are showing as below:
BSET'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.09 Max: 1.02
Current: 0.63
During the past 13 years, the highest Debt-to-Equity Ratio of Bassett Furniture Industries was 1.02. The lowest was 0.00. And the median was 0.09.
Bassett Furniture Industries Debt-to-Equity Historical Data
The historical data trend for Bassett Furniture Industries's Debt-to-Equity 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 Annual Data
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|
Trend |
Nov14 |
Nov15 |
Nov16 |
Nov17 |
Nov18 |
Nov19 |
Nov20 |
Nov21 |
Nov22 |
Nov23 |
| Debt-to-Equity |
|
|
|
|
|
|
- |
0.88 |
0.82 |
0.60 |
0.63 |
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Bassett Furniture Industries Quarterly Data
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|
May19 |
Aug19 |
Nov19 |
Feb20 |
May20 |
Aug20 |
Nov20 |
Feb21 |
May21 |
Aug21 |
Nov21 |
Feb22 |
May22 |
Aug22 |
Nov22 |
Feb23 |
May23 |
Aug23 |
Nov23 |
Feb24 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.58 |
0.56 |
0.56 |
0.63 |
0.63 |
Competitive Comparison
For the Furnishings, Fixtures & Appliances subindustry, Bassett Furniture Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bassett Furniture Industries Debt-to-Equity Distribution
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bassett Furniture Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bassett Furniture Industries's Debt-to-Equity falls into.
Bassett Furniture Industries Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Bassett Furniture Industries's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 is calculated as
Bassett Furniture Industries's Debt to Equity Ratio for the quarter that ended in Feb. 2024 is calculated as
* 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.
Bassett Furniture Industries (Bassett Furniture Industries) Business Description
Traded in Other Exchanges
N/A
Address
3525 Fairystone Park Highway, P.O. Box 626, Bassett, VA, USA, 24055
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 |
|
Bassett Furniture Industries (Bassett Furniture Industries) Headlines
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