Bassett Furniture Industries - Stock

Bassett Furniture Industries ROA 2024

Bassett Furniture Industries ROA

-0.01

Ticker

BSET

ISIN

US0702031040

WKN

906816

In 2024, Bassett Furniture Industries's return on assets (ROA) was -0.01, a -105.33% increase from the 0.16 ROA in the previous year.

Bassett Furniture Industries Aktienanalyse

What does Bassett Furniture Industries do?

Bassett Furniture Industries Inc is an American furniture company that was founded in 1902 by John D. Bassett and his brothers. Today, it is one of the largest furniture companies in the USA with an annual revenue of over one billion dollars. The company specializes in the manufacturing of living room and bedroom furniture, as well as accessories. Bassett Furniture offers a wide range of products to meet the needs of every living space, including beds, sofas, tables, cabinets, seating, lighting, accessories, and more. The company is known for its appealing furniture designs and high quality products. Most of the products are made in the USA and there is a strong emphasis on sustainability and environmental friendliness. The clientele spans across various societal and income levels, offering high quality furniture for every budget. Bassett Furniture operates multiple business models to offer its customers a wide range of products and services. In addition to direct sales of furniture and accessories, Bassett also operates retail stores and distributes its products through partner dealers. Recently, the company has been expanding its online furniture sales to increase its presence and make shopping for high quality furniture easier for customers. Bassett Furniture has a long history dating back to the early 20th century. Since 1902, the company has been synonymous with high quality and sustainability. It started as a small factory producing furniture for the local community and over the years, expanded and established itself as one of the leading furniture manufacturers in the USA. The company currently operates multiple production facilities in the USA and focuses on high quality furniture and product designs. Bassett Furniture operates in various divisions to offer its customers a wide range of products. In addition to direct sales and sales through retail stores and partner dealers, the company also operates a design studio to assist customers in designing their living spaces. Personalized and tailored design concepts are emphasized. The company also offers eco-friendly furniture to provide customers with even more sustainable design options. The product range of Bassett Furniture includes a wide selection of living room and bedroom furniture, as well as accessories. This includes sofas, beds, tables, cabinets, seating, lighting, accessories, and more. While Bassett Furniture offers many different products, quality and sustainability are at the forefront. The furniture is timeless and made from high quality materials such as solid wood, leather, and metal. Many of the products are available in various colors and styles to meet the needs of customers. Overall, Bassett Furniture Industries Inc is a company with a long history and tradition. It is known for its high quality furniture and appealing designs and offers its customers a wide range of products and services. Bassett Furniture Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Bassett Furniture Industries's Return on Assets (ROA)

Bassett Furniture Industries's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Bassett Furniture Industries's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Bassett Furniture Industries's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Bassett Furniture Industries’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Bassett Furniture Industries Stock

What is the Return on Assets (ROA) of Bassett Furniture Industries this year?

The Return on Assets (ROA) of Bassett Furniture Industries is -0.01 undefined this year.

What was the ROA of Bassett Furniture Industries compared to the previous year?

The ROA of Bassett Furniture Industries has increased by -105.33% compared to the previous year.

What consequences do high ROA have for investors of Bassett Furniture Industries?

A high ROA is advantageous for investors of Bassett Furniture Industries, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Bassett Furniture Industries?

A low ROA can be unfavorable for investors of Bassett Furniture Industries as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Bassett Furniture Industries affect the company?

An increase in ROA of Bassett Furniture Industries can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Bassett Furniture Industries impact the company?

A reduction in the ROA of Bassett Furniture Industries can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Bassett Furniture Industries?

Some factors that can influence the ROA of Bassett Furniture Industries include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Bassett Furniture Industries important for investors?

The ROA of Bassett Furniture Industries is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Bassett Furniture Industries take to improve ROA?

To improve ROA, Bassett Furniture Industries can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Bassett Furniture Industries pay?

Over the past 12 months, Bassett Furniture Industries paid a dividend of 0.86 USD . This corresponds to a dividend yield of about 6.23 %. For the coming 12 months, Bassett Furniture Industries is expected to pay a dividend of 1.05 USD.

What is the dividend yield of Bassett Furniture Industries?

The current dividend yield of Bassett Furniture Industries is 6.23 %.

When does Bassett Furniture Industries pay dividends?

Bassett Furniture Industries pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Bassett Furniture Industries?

Bassett Furniture Industries paid dividends every year for the past 17 years.

What is the dividend of Bassett Furniture Industries?

For the upcoming 12 months, dividends amounting to 1.05 USD are expected. This corresponds to a dividend yield of 7.59 %.

In which sector is Bassett Furniture Industries located?

Bassett Furniture Industries is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Bassett Furniture Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Bassett Furniture Industries from 5/31/2024 amounting to 0.18 USD, you needed to have the stock in your portfolio before the ex-date on 5/16/2024.

When did Bassett Furniture Industries pay the last dividend?

The last dividend was paid out on 5/31/2024.

What was the dividend of Bassett Furniture Industries in the year 2023?

In the year 2023, Bassett Furniture Industries distributed 2.1 USD as dividends.

In which currency does Bassett Furniture Industries pay out the dividend?

The dividends of Bassett Furniture Industries are distributed in USD.

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Andere Kennzahlen von Bassett Furniture Industries

Our stock analysis for Bassett Furniture Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bassett Furniture Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.