Bassett Furniture Industries Net Assets
Bassett Furniture Industries net assets. 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. Also explore Bassett Furniture Industries net asset momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Bassett Furniture Industries (1985–2025)
Net assets of Bassett Furniture Industries from 1985 to 2025. This chart illustrates how Bassett Furniture Industries's net assets have evolved over time, based on quarterly financial data. See BSET equity to assets ratio to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see BSET company net worth.
| 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.
Bassett Furniture Industries Net Assets Breakdown (November 2025)
Bassett Furniture Industries net assets breakdown by equity component as of 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 |
|---|---|
|
Yellow Pages Limited
TO:Y
|
$136.92 Million |
|
Mercuries Data Systems Ltd
TW:2427
|
$136.93 Million |
|
Dazhong Transportation Group Co Ltd B
SHG:900903
|
$136.94 Million |
|
Manulife Holdings Bhd
KLSE:1058
|
$137.01 Million |
|
Donpon Precision
TWO:3290
|
$136.86 Million |
|
Mendelson Infrastructures and Industries Ltd
TA:MNIN
|
$136.81 Million |
|
Freightcar America Inc
NASDAQ:RAIL
|
$136.74 Million |
|
Garuda Construction & Engineering
NSE:GARUDA
|
$136.73 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: 1.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.48x to 1.19x 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 | $22.50 | x |
| 1986-11-30 | $15.83 | $22.50 | x |
| 1987-11-30 | $16.69 | $22.50 | x |
| 1988-11-30 | $17.18 | $22.50 | x |
| 1989-11-30 | $17.30 | $22.50 | x |
| 1990-11-30 | $16.90 | $22.50 | x |
| 1991-11-30 | $17.73 | $22.50 | x |
| 1992-11-30 | $15.13 | $22.50 | x |
| 1993-11-30 | $19.97 | $22.50 | x |
| 1994-11-30 | $20.40 | $22.50 | x |
| 1995-11-30 | $21.13 | $22.50 | x |
| 1996-11-30 | $21.71 | $22.50 | x |
| 1997-11-30 | $19.96 | $22.50 | x |
| 1998-11-30 | $20.25 | $22.50 | x |
| 1999-11-30 | $20.46 | $22.50 | x |
| 2000-11-30 | $21.11 | $22.50 | x |
| 2001-11-30 | $20.41 | $22.50 | x |
| 2002-11-30 | $19.42 | $22.50 | x |
| 2003-11-30 | $18.72 | $22.50 | x |
| 2004-11-30 | $18.59 | $22.50 | x |
| 2005-11-30 | $18.40 | $22.50 | x |
| 2006-11-30 | $18.12 | $22.50 | x |
| 2007-11-30 | $16.50 | $22.50 | x |
| 2008-11-30 | $11.16 | $22.50 | x |
| 2009-11-30 | $9.68 | $22.50 | x |
| 2010-11-30 | $9.28 | $22.50 | x |
| 2011-11-30 | $13.20 | $22.50 | x |
| 2012-11-30 | $14.19 | $22.50 | x |
| 2013-11-30 | $14.52 | $22.50 | x |
| 2014-11-30 | $14.67 | $22.50 | x |
| 2015-11-30 | $16.32 | $22.50 | x |
| 2016-11-30 | $16.67 | $22.50 | x |
| 2017-11-30 | $17.83 | $22.50 | x |
| 2018-11-30 | $17.80 | $22.50 | x |
| 2019-11-30 | $17.37 | $22.50 | x |
| 2020-11-30 | $15.85 | $22.50 | x |
| 2021-11-30 | $16.53 | $22.50 | x |
| 2022-11-30 | $20.80 | $22.50 | x |
| 2023-11-30 | $20.88 | $22.50 | x |
| 2024-11-30 | $19.10 | $22.50 | x |
| 2025-11-30 | $18.96 | $22.50 | 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: $133,637,344
- Average return on equity (ROE) among peers: -26.63%
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 | $136.89 Million |
| Alliance Laundry Holdings Inc. (ALH) | $392.12 Million | 25.95% | 6.36x | $4.37 Billion |
| American Woodmark Corporation (AMWD) | $109.51 Million | 15.91% | 0.65x | $700.65 Million |
| Aterian Inc (ATER) | $36.03 Million | -206.94% | 0.72x | $8.19 Million |
| Applied UV, Inc. (AUVIQ) | $-1.42 Million | 0.00% | 0.00x | $467.00 |
| Traeger Inc (COOK) | $170.85 Million | -67.42% | 2.96x | $147.24 Million |
| Crown Crafts Inc (CRWS) | $75.40 Million | 11.94% | 0.64x | $26.15 Million |
| Energy Focu (EFOI) | $3.05 Million | -140.71% | 2.34x | $17.90 Million |
| Ethan Allen Interiors Inc (ETD) | $409.64 Million | 16.90% | 0.96x | $518.09 Million |
| FGI Industries Ltd (FGI) | $7.55 Million | 104.72% | 8.16x | $15.28 Million |
About 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