Bassett Furniture Industries (Bassett Furniture Industries) Interest Expense : $-0.0 Mil (TTM As of Feb. 2024)

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What is Bassett Furniture Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bassett Furniture Industries's interest expense for the three months ended in Feb. 2024 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.0 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Bassett Furniture Industries's Operating Income for the three months ended in Feb. 2024 was $ -2.4 Mil. Bassett Furniture Industries's Interest Expense for the three months ended in Feb. 2024 was $ 0.0 Mil. GuruFocus does not calculate Bassett Furniture Industries's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bassett Furniture Industries Interest Expense Historical Data

The historical data trend for Bassett Furniture Industries's Interest Expense 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 Interest Expense Chart

Bassett Furniture Industries Annual Data

Trend

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Interest Expense

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-0.01

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-0.02

Bassett Furniture Industries Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-0.02	-

Bassett Furniture Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.0 Mil.

Bassett Furniture Industries (NAS:BSET) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bassett Furniture Industries's Interest Expense for the three months ended in Feb. 2024 was $0.0 Mil. Its Operating Income for the three months ended in Feb. 2024 was $-2.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $95.3 Mil.

Bassett Furniture Industries's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

GuruFocus does not calculate Bassett Furniture Industries's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

Bassett Furniture Industries (Bassett Furniture Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Bassett Furniture Industries Inc (NAS:BSET) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3525 Fairystone Park Highway, P.O. Box 626, Bassett, VA, USA, 24055

Website

https://www.bassettfurniture.com

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