Bassett Furniture Industries
Bassett Furniture Industries, Incorporated, together with its subsidiaries, designs, manufactures, sources, distributes, and retails home furnishings and furniture products in the United States. It operates through two segments, Wholesale and Retail"Company-Owned Stores. The company offers sofas, chairs, reclining furniture, ottomans and benches, and leather furniture; tables and cabinets; dining… Read more
Bassett Furniture Industries (BSET) - Net Assets
Latest net assets as of November 2025: $-53.61 Million USD
Based on the latest financial reports, Bassett Furniture Industries (BSET) has net assets worth $-53.61 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($105.10 Million) and total liabilities ($158.71 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-53.61 Million |
| % of Total Assets | -51.01% |
| Annual Growth Rate | N/A |
| 5-Year Change | -132.94% |
| 10-Year Change | -129.67% |
| Growth Volatility | 23.22 |
Bassett Furniture Industries - Net Assets Trend (1985–2025)
This chart illustrates how Bassett Furniture Industries's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bassett Furniture Industries (1985–2025)
The table below shows the annual net assets of Bassett Furniture Industries from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $-53.61 Million | -132.04% |
| 2024-11-30 | $167.33 Million | -8.78% |
| 2023-11-30 | $183.44 Million | -6.22% |
| 2022-11-30 | $195.61 Million | +20.20% |
| 2021-11-30 | $162.73 Million | +2.98% |
| 2020-11-30 | $158.03 Million | -11.55% |
| 2019-11-30 | $178.67 Million | -6.12% |
| 2018-11-30 | $190.31 Million | -0.60% |
| 2017-11-30 | $191.46 Million | +5.95% |
| 2016-11-30 | $180.71 Million | +1.88% |
| 2015-11-30 | $177.37 Million | +13.09% |
| 2014-11-30 | $156.83 Million | -0.37% |
| 2013-11-30 | $157.41 Million | +0.08% |
| 2012-11-30 | $157.28 Million | +3.18% |
| 2011-11-30 | $152.44 Million | +43.39% |
| 2010-11-30 | $106.31 Million | -3.65% |
| 2009-11-30 | $110.33 Million | -15.24% |
| 2008-11-30 | $130.18 Million | -33.19% |
| 2007-11-30 | $194.85 Million | -9.73% |
| 2006-11-30 | $215.87 Million | -1.97% |
| 2005-11-30 | $220.21 Million | -0.45% |
| 2004-11-30 | $221.21 Million | +0.54% |
| 2003-11-30 | $220.02 Million | -4.19% |
| 2002-11-30 | $229.64 Million | -2.06% |
| 2001-11-30 | $234.47 Million | -5.89% |
| 2000-11-30 | $249.14 Million | -2.60% |
| 1999-11-30 | $255.80 Million | -3.44% |
| 1998-11-30 | $264.90 Million | +1.42% |
| 1997-11-30 | $261.20 Million | -10.39% |
| 1996-11-30 | $291.50 Million | -2.48% |
| 1995-11-30 | $298.90 Million | +1.25% |
| 1994-11-30 | $295.20 Million | +2.18% |
| 1993-11-30 | $288.90 Million | +5.51% |
| 1992-11-30 | $273.80 Million | +7.33% |
| 1991-11-30 | $255.10 Million | +4.42% |
| 1990-11-30 | $244.30 Million | -6.97% |
| 1989-11-30 | $262.60 Million | -1.91% |
| 1988-11-30 | $267.70 Million | +3.36% |
| 1987-11-30 | $259.00 Million | +4.02% |
| 1986-11-30 | $249.00 Million | +4.62% |
| 1985-11-30 | $238.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bassett Furniture Industries's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 42.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $121.13 Million | 73.36% |
| Common Stock | $43.26 Million | 26.20% |
| Other Comprehensive Income | $723.00K | 0.44% |
| Total Equity | $165.11 Million | 100.00% |
Bassett Furniture Industries Competitors by Market Cap
The table below lists competitors of Bassett Furniture Industries ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Reject Shop Ltd
AU:TRS
|
$109.02 Million |
|
Ancom Berhad
KLSE:4758
|
$109.07 Million |
|
Khgears International Limited
TW:4571
|
$109.09 Million |
|
DNF Co.Ltd
KQ:092070
|
$109.14 Million |
|
Zhuhai Kles Technology Co. Ltd. A
SHE:301314
|
$108.90 Million |
|
NXGCF
OTCQX:NXGCF
|
$108.83 Million |
|
Unitech Limited
NSE:UNITECH
|
$108.81 Million |
|
Kginicis Co.Ltd
KQ:035600
|
$108.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bassett Furniture Industries's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 167,327,000 to 165,107,000, a change of -2,220,000 (-1.3%).
- Net income of 6,100,000 contributed positively to equity growth.
- Dividend payments of 6,939,000 reduced retained earnings.
- Share repurchases of 2,150,000 reduced equity.
- New share issuances of 335,000 increased equity.
- Other comprehensive income decreased equity by 70,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.10 Million | +3.69% |
| Dividends Paid | $6.94 Million | -4.2% |
| Share Repurchases | $2.15 Million | -1.3% |
| Share Issuances | $335.00K | +0.2% |
| Other Comprehensive Income | $-70.00K | -0.04% |
| Other Changes | $504.00K | +0.31% |
| Total Change | $- | -1.33% |
Book Value vs Market Value Analysis
This analysis compares Bassett Furniture Industries's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.75x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.93x to 0.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-11-30 | $15.22 | $14.15 | x |
| 1986-11-30 | $15.83 | $14.15 | x |
| 1987-11-30 | $16.69 | $14.15 | x |
| 1988-11-30 | $17.18 | $14.15 | x |
| 1989-11-30 | $17.30 | $14.15 | x |
| 1990-11-30 | $16.90 | $14.15 | x |
| 1991-11-30 | $17.73 | $14.15 | x |
| 1992-11-30 | $15.13 | $14.15 | x |
| 1993-11-30 | $19.97 | $14.15 | x |
| 1994-11-30 | $20.40 | $14.15 | x |
| 1995-11-30 | $21.13 | $14.15 | x |
| 1996-11-30 | $21.71 | $14.15 | x |
| 1997-11-30 | $19.96 | $14.15 | x |
| 1998-11-30 | $20.25 | $14.15 | x |
| 1999-11-30 | $20.46 | $14.15 | x |
| 2000-11-30 | $21.11 | $14.15 | x |
| 2001-11-30 | $20.41 | $14.15 | x |
| 2002-11-30 | $19.42 | $14.15 | x |
| 2003-11-30 | $18.72 | $14.15 | x |
| 2004-11-30 | $18.59 | $14.15 | x |
| 2005-11-30 | $18.40 | $14.15 | x |
| 2006-11-30 | $18.12 | $14.15 | x |
| 2007-11-30 | $16.50 | $14.15 | x |
| 2008-11-30 | $11.16 | $14.15 | x |
| 2009-11-30 | $9.68 | $14.15 | x |
| 2010-11-30 | $9.28 | $14.15 | x |
| 2011-11-30 | $13.20 | $14.15 | x |
| 2012-11-30 | $14.19 | $14.15 | x |
| 2013-11-30 | $14.52 | $14.15 | x |
| 2014-11-30 | $14.67 | $14.15 | x |
| 2015-11-30 | $16.32 | $14.15 | x |
| 2016-11-30 | $16.67 | $14.15 | x |
| 2017-11-30 | $17.83 | $14.15 | x |
| 2018-11-30 | $17.80 | $14.15 | x |
| 2019-11-30 | $17.37 | $14.15 | x |
| 2020-11-30 | $15.85 | $14.15 | x |
| 2021-11-30 | $16.53 | $14.15 | x |
| 2022-11-30 | $20.80 | $14.15 | x |
| 2023-11-30 | $20.88 | $14.15 | x |
| 2024-11-30 | $19.10 | $14.15 | x |
| 2025-11-30 | $18.96 | $14.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bassett Furniture Industries utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.82%
- • Asset Turnover: 3.19x
- • Equity Multiplier: 0.64x
- Recent ROE (3.69%) is below the historical average (4.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 10.55% | 6.14% | 1.54x | 1.12x | $1.30 Million |
| 1986 | 7.83% | 4.63% | 1.52x | 1.11x | $-5.40 Million |
| 1987 | 8.61% | 4.69% | 1.66x | 1.11x | $-3.60 Million |
| 1988 | 6.84% | 3.93% | 1.55x | 1.13x | $-8.47 Million |
| 1989 | 7.24% | 4.13% | 1.51x | 1.16x | $-7.26 Million |
| 1990 | 2.09% | 1.17% | 1.61x | 1.11x | $-19.33 Million |
| 1991 | 7.76% | 4.93% | 1.38x | 1.14x | $-5.71 Million |
| 1992 | 10.04% | 5.81% | 1.49x | 1.16x | $120.00K |
| 1993 | 8.97% | 5.14% | 1.52x | 1.14x | $-2.99 Million |
| 1994 | 8.30% | 4.80% | 1.50x | 1.15x | $-5.02 Million |
| 1995 | 7.66% | 4.67% | 1.42x | 1.16x | $-6.99 Million |
| 1996 | 6.35% | 4.10% | 1.34x | 1.15x | $-10.65 Million |
| 1997 | -7.50% | -4.39% | 1.40x | 1.23x | $-45.72 Million |
| 1998 | 5.93% | 3.95% | 1.24x | 1.21x | $-10.79 Million |
| 1999 | 7.04% | 4.56% | 1.15x | 1.34x | $-7.58 Million |
| 2000 | 4.03% | 2.73% | 1.06x | 1.39x | $-14.88 Million |
| 2001 | -1.13% | -0.86% | 1.01x | 1.29x | $-26.09 Million |
| 2002 | 2.94% | 2.08% | 1.11x | 1.27x | $-16.22 Million |
| 2003 | -0.21% | -0.15% | 1.13x | 1.27x | $-22.47 Million |
| 2004 | 3.71% | 2.60% | 1.06x | 1.34x | $-13.91 Million |
| 2005 | 4.46% | 2.93% | 1.09x | 1.40x | $-12.21 Million |
| 2006 | 2.51% | 1.65% | 1.06x | 1.44x | $-16.16 Million |
| 2007 | -5.09% | -3.35% | 0.95x | 1.59x | $-29.40 Million |
| 2008 | -31.00% | -14.00% | 1.18x | 1.87x | $-53.37 Million |
| 2009 | -20.57% | -9.75% | 1.08x | 1.96x | $-33.73 Million |
| 2010 | -1.88% | -0.85% | 1.19x | 1.86x | $-12.63 Million |
| 2011 | 36.31% | 21.86% | 1.13x | 1.46x | $40.10 Million |
| 2012 | 16.98% | 9.91% | 1.19x | 1.44x | $10.98 Million |
| 2013 | 3.24% | 1.59% | 1.42x | 1.43x | $-10.64 Million |
| 2014 | 5.93% | 2.73% | 1.42x | 1.54x | $-6.38 Million |
| 2015 | 11.52% | 4.74% | 1.53x | 1.59x | $2.70 Million |
| 2016 | 8.76% | 3.66% | 1.55x | 1.54x | $-2.24 Million |
| 2017 | 9.54% | 4.03% | 1.54x | 1.53x | $-890.00K |
| 2018 | 4.32% | 1.80% | 1.57x | 1.53x | $-10.81 Million |
| 2019 | -1.08% | -0.43% | 1.64x | 1.54x | $-19.80 Million |
| 2020 | -6.59% | -3.09% | 0.84x | 2.55x | $-26.22 Million |
| 2021 | 11.09% | 4.19% | 1.02x | 2.59x | $1.77 Million |
| 2022 | 33.41% | 13.46% | 1.20x | 2.08x | $45.78 Million |
| 2023 | -1.73% | -0.81% | 1.05x | 2.02x | $-21.52 Million |
| 2024 | -5.79% | -2.94% | 0.97x | 2.04x | $-26.43 Million |
| 2025 | 3.69% | 1.82% | 3.19x | 0.64x | $-10.41 Million |
Industry Comparison
This section compares Bassett Furniture Industries's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $260,827,346
- Average return on equity (ROE) among peers: -7.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bassett Furniture Industries (BSET) | $-53.61 Million | 10.55% | N/A | $108.92 Million |
| American Woodmark Corporation (AMWD) | $581.66 Million | 10.86% | 1.83x | $572.47 Million |
| Aterian Inc (ATER) | $224.23 Million | -105.26% | 0.40x | $3.15 Million |
| Applied UV, Inc. (AUVIQ) | $-1.42 Million | 0.00% | 0.00x | $467.00 |
| Breville Group Limited (BVILF) | $150.22 Million | 15.03% | 0.59x | $2.02 Billion |
| Traeger Inc (COOK) | $291.35 Million | -28.97% | 1.95x | $117.97 Million |
| Crown Crafts Inc (CRWS) | $31.39 Million | 13.72% | 0.46x | $25.18 Million |
| Deer Consumer Prodct (DEER) | $-17.75K | 0.00% | 0.00x | $0.93 |
| De'Longhi S.p.A (DELHF) | $1.07 Billion | 17.33% | 0.99x | $1.30 Billion |
| Dyna Group International Inc (DGIX) | $4.10 Million | 13.94% | 0.59x | $7.42K |