Bassett Furniture Industries Stock Gross Profit

BSET Stock  USD 15.08  0.02  0.13%   
Bassett Furniture Industries fundamentals help investors to digest information that contributes to Bassett Furniture's financial success or failures. It also enables traders to predict the movement of Bassett Stock. The fundamental analysis module provides a way to measure Bassett Furniture's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bassett Furniture stock.
Last ReportedProjected for Next Year
Gross Profit237.5 M145.7 M
Gross Profit Margin 0.60  0.63 
Gross Profit Margin is likely to gain to 0.63 in 2024, whereas Gross Profit is likely to drop slightly above 145.7 M in 2024.
  
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Bassett Furniture Industries Company Gross Profit Analysis

Bassett Furniture's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Bassett Furniture Gross Profit

    
  248.34 M  
Most of Bassett Furniture's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bassett Furniture Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Bassett Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Bassett Furniture is extremely important. It helps to project a fair market value of Bassett Stock properly, considering its historical fundamentals such as Gross Profit. Since Bassett Furniture's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bassett Furniture's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bassett Furniture's interrelated accounts and indicators.
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Bassett Gross Profit Historical Pattern

Today, most investors in Bassett Furniture Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bassett Furniture's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Bassett Furniture gross profit as a starting point in their analysis.
   Bassett Furniture Gross Profit   
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Bassett Furniture Industries reported 248.34 M of gross profit. This is 98.38% lower than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The gross profit for all United States stocks is 99.09% higher than that of the company.

Bassett Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bassett Furniture's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bassett Furniture could also be used in its relative valuation, which is a method of valuing Bassett Furniture by comparing valuation metrics of similar companies.
Bassett Furniture is currently under evaluation in gross profit category among its peers.

Bassett Furniture ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bassett Furniture's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bassett Furniture's managers, analysts, and investors.
Environmental
Governance
Social

Bassett Fundamentals

About Bassett Furniture Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bassett Furniture Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bassett Furniture using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bassett Furniture Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Bassett Stock Analysis

When running Bassett Furniture's price analysis, check to measure Bassett Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bassett Furniture is operating at the current time. Most of Bassett Furniture's value examination focuses on studying past and present price action to predict the probability of Bassett Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bassett Furniture's price. Additionally, you may evaluate how the addition of Bassett Furniture to your portfolios can decrease your overall portfolio volatility.