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Bassett Furniture Industries (Bassett Furniture Industries) Net Cash per Share : $-13.95 (As of Feb. 2024)


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What is Bassett Furniture Industries Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Bassett Furniture Industries's Net Cash per Share for the quarter that ended in Feb. 2024 was $-13.95.

The historical rank and industry rank for Bassett Furniture Industries's Net Cash per Share or its related term are showing as below:

BSET's Price-to-Net-Cash is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 6.5
* Ranked among companies with meaningful Price-to-Net-Cash only.

Bassett Furniture Industries Net Cash per Share Historical Data

The historical data trend for Bassett Furniture Industries's Net Cash per Share 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.

* Premium members only.

Bassett Furniture Industries Net Cash per Share Chart

Bassett Furniture Industries Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.93 -18.20 -21.17 -14.67 -13.32

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
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.12 -12.39 -13.07 -13.32 -13.95

Competitive Comparison of Bassett Furniture Industries's Net Cash per Share

For the Furnishings, Fixtures & Appliances subindustry, Bassett Furniture Industries's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bassett Furniture Industries's Price-to-Net-Cash Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bassett Furniture Industries's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Bassett Furniture Industries's Price-to-Net-Cash falls into.



Bassett Furniture Industries Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Bassett Furniture Industries's Net Cash per Share for the fiscal year that ended in Nov. 2023 is calculated as

Net Cash per Share (A: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(70.182-186.983-0)/8.76822
=-13.32

Bassett Furniture Industries's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

Net Cash per Share (Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(58.384-180.807-0)/8.77635
=-13.95

* 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.


Bassett Furniture Industries  (NAS:BSET) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Bassett Furniture Industries Net Cash per Share Related Terms

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Bassett Furniture Industries (Bassett Furniture Industries) Business Description

Traded in Other Exchanges
N/A
Address
3525 Fairystone Park Highway, P.O. Box 626, Bassett, VA, USA, 24055
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

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