Bassett Furniture Industries Stock Retained Earnings

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
Retained Earnings125.4 M130.3 M
Retained Earnings Total Equity173.4 M133.1 M
Retained Earnings is likely to gain to about 130.3 M in 2024, whereas Retained Earnings Total Equity is likely to drop slightly above 133.1 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Bassett Furniture Industries Company Retained Earnings Analysis

Bassett Furniture's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Retained Earnings

 = 

Beginning RE + Income

-

Dividends

More About Retained Earnings | All Equity Analysis

Current Bassett Furniture Retained Earnings

    
  139.35 M  
Most of Bassett Furniture's fundamental indicators, such as Retained Earnings, 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 Retained Earnings 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 Retained Earnings. 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.
-0.070.870.03-0.070.920.50.5-0.260.0-0.72-0.280.380.20.470.710.46-0.49-0.65-0.23-0.71-0.61-0.12-0.68
-0.07-0.390.980.74-0.340.6-0.2-0.07-0.170.440.75-0.06-0.780.1-0.010.040.11-0.380.110.010.340.280.11
0.87-0.39-0.27-0.270.970.170.54-0.320.13-0.79-0.440.330.370.250.550.34-0.49-0.39-0.38-0.59-0.79-0.24-0.75
0.030.98-0.270.78-0.240.61-0.15-0.19-0.230.360.79-0.04-0.840.020.010.10.03-0.38-0.04-0.020.20.27-0.03
-0.070.74-0.270.78-0.30.570.020.03-0.380.640.920.03-0.94-0.17-0.1-0.310.21-0.11-0.070.270.13-0.170.28
0.92-0.340.97-0.24-0.30.240.54-0.220.13-0.8-0.490.40.420.420.630.35-0.51-0.52-0.26-0.69-0.78-0.25-0.73
0.50.60.170.610.570.240.10.08-0.280.120.410.31-0.460.250.27-0.04-0.11-0.4-0.06-0.180.13-0.030.01
0.5-0.20.54-0.150.020.540.10.09-0.05-0.39-0.280.140.220.460.680.2-0.42-0.43-0.28-0.55-0.58-0.48-0.29
-0.26-0.07-0.32-0.190.03-0.220.080.090.00.43-0.140.330.150.410.23-0.66-0.010.070.040.00.22-0.610.69
0.0-0.170.13-0.23-0.380.13-0.28-0.050.0-0.19-0.370.110.390.30.10.02-0.04-0.190.3-0.21-0.11-0.02-0.07
-0.720.44-0.790.360.64-0.80.12-0.390.43-0.190.7-0.03-0.63-0.29-0.52-0.740.550.350.280.660.59-0.20.85
-0.280.75-0.440.790.92-0.490.41-0.28-0.14-0.370.7-0.07-0.98-0.39-0.36-0.290.420.050.020.490.280.090.28
0.38-0.060.33-0.040.030.40.310.140.330.11-0.03-0.070.040.40.42-0.39-0.16-0.370.03-0.34-0.39-0.590.01
0.2-0.780.37-0.84-0.940.42-0.460.220.150.39-0.63-0.980.040.370.290.23-0.23-0.020.12-0.38-0.2-0.07-0.2
0.470.10.250.02-0.170.420.250.460.410.3-0.29-0.390.40.370.830.15-0.23-0.810.27-0.75-0.23-0.28-0.09
0.71-0.010.550.01-0.10.630.270.680.230.1-0.52-0.360.420.290.830.3-0.49-0.77-0.18-0.82-0.51-0.37-0.36
0.460.040.340.1-0.310.35-0.040.2-0.660.02-0.74-0.29-0.390.230.150.3-0.37-0.35-0.13-0.46-0.20.65-0.74
-0.490.11-0.490.030.21-0.51-0.11-0.42-0.01-0.040.550.42-0.16-0.23-0.23-0.49-0.370.20.70.680.480.150.47
-0.65-0.38-0.39-0.38-0.11-0.52-0.4-0.430.07-0.190.350.05-0.37-0.02-0.81-0.77-0.350.2-0.250.770.410.120.41
-0.230.11-0.38-0.04-0.07-0.26-0.06-0.280.040.30.280.020.030.120.27-0.18-0.130.7-0.250.170.360.110.36
-0.710.01-0.59-0.020.27-0.69-0.18-0.550.0-0.210.660.49-0.34-0.38-0.75-0.82-0.460.680.770.170.550.170.54
-0.610.34-0.790.20.13-0.780.13-0.580.22-0.110.590.28-0.39-0.2-0.23-0.51-0.20.480.410.360.550.430.69
-0.120.28-0.240.27-0.17-0.25-0.03-0.48-0.61-0.02-0.20.09-0.59-0.07-0.28-0.370.650.150.120.110.170.43-0.31
-0.680.11-0.75-0.030.28-0.730.01-0.290.69-0.070.850.280.01-0.2-0.09-0.36-0.740.470.410.360.540.69-0.31
Click cells to compare fundamentals

Bassett Retained Earnings 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 retained earnings 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 retained earnings as a starting point in their analysis.
   Bassett Furniture Retained Earnings   
       Timeline  
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Competition

Based on the latest financial disclosure, Bassett Furniture Industries has a Retained Earnings of 139.35 M. This is 99.64% lower than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The retained earnings for all United States stocks is 98.51% higher than that of the company.

Bassett Retained Earnings 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 Retained Earnings 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 retained earnings 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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.