Bassett Furniture Industries, Incorporated (BSET) Balance Sheet: Assets & Liabilities

Bassett Furniture Industries, Incorporated (BSET) Balance Sheet

As of Nov 30, 2025 (end of fiscal 2025), Bassett Furniture Industries, Incorporated reported total assets of $323.82M and total liabilities of $158.71M. Shareholders' equity was $165.11M, down 1.3% from $167.33M a year earlier. Total debt stood at $88.65M against $59.24M in cash and short-term investments, a net debt position of $29.41M. That puts debt-to-equity at 0.54, compared with 0.64 a year earlier.

Bassett Furniture Industries, Incorporated Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Bassett Furniture Industries, Incorporated (BSET) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Nov 2025	Nov 2024	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017
Current Assets
Cash and Cash Equivalents	41.28	39.55	52.41	61.63	34.37	45.80	19.69	33.47	53.95
Short-Term Investments	17.96	20.36	17.78	17.72	17.72	17.72	17.44	22.64	23.13
Cash & Short-Term Investments	59.24	59.91	70.18	79.34	52.09	63.51	37.12	56.11	77.07
Accounts Receivable	14.41	13.18	13.74	20.19	20.57	32.01	21.38	19.06	19.64
Inventory	61.79	54.97	62.98	85.48	78.00	54.89	66.30	64.19	54.48
Other Current Assets	7.22	9.24	8.48	11.49	29.62	10.27	11.98	9.19	8.19
Total Current Assets	145.54	141.54	157.95	196.50	180.28	160.68	136.79	148.55	159.38
Non-Current Assets
Property, Plant & Equipment (Net)	149.90	170.67	184.87	176.47	208.21	207.82	101.72	104.86	103.24
Goodwill	7.22	7.22	7.22	12.77	12.15	12.15	14.12	16.04	11.90
Intangible Assets	6.91	6.97	8.85	8.96	11.30	11.68	12.06	12.44	5.45
Other Non-Current Assets	8.27	7.91	6.89	6.05	6.53	5.64	5.34	6.49	5.38
Total Non-Current Assets	178.28	199.63	212.47	209.78	241.38	241.87	138.98	143.09	134.37
Total Assets	323.82	341.17	370.42	406.27	421.66	402.55	275.77	291.64	293.75
Current Liabilities
Accounts Payable	14.74	13.30	16.34	20.36	23.99	23.43	23.68	27.41	21.76
Short-Term Debt	19.30	18.05	18.83	18.82	27.69	27.08	0.00	0.29	3.41
Accrued Liabilities	7.75	9.41	11.00	12.77	12.64	-	-	-	-
Deferred Revenue	24.97	25.74	22.79	35.96	51.49	39.76	25.34	27.16	27.11
Other Current Liabilities	17.98	9.41	19.94	23.33	31.05	18.44	23.25	26.96	31.08
Total Current Liabilities	76.98	73.40	77.89	100.83	134.22	118.37	72.27	81.82	83.36
Non-Current Liabilities
Long-Term Debt	69.35	88.40	97.36	194.95	105.84	111.97	0.00	0.00	0.33
Other Non-Current Liabilities	1.00	1.16	1.53	-85.12	18.87	14.18	24.83	19.51	18.60
Total Non-Current Liabilities	81.73	100.44	109.09	109.84	124.71	126.15	24.83	19.51	18.93
Total Liabilities	158.71	173.84	186.98	210.66	258.93	244.52	97.10	101.33	102.29
Stockholders' Equity
Common Stock	43.26	43.68	43.84	44.76	48.81	49.71	50.58	52.64	53.69
Retained Earnings	121.13	122.85	139.35	150.80	115.63	109.71	129.13	140.01	139.38
Accumulated Other Comprehensive Income	0.72	0.79	0.15	0.05	-1.82	-1.39	-1.24	-2.34	-2.57
Additional Paid-in Capital	0.00	0.01	0.09	0.00	0.11	0.00	0.20	0.00	0.96
Shares Outstanding	8.65	8.74	8.77	8.95	-	-	-	-	-
Total Stockholders' Equity	165.11	167.33	183.44	195.61	162.73	158.03	178.67	190.31	191.46
Total Liabilities & Equity	323.82	341.17	370.42	406.27	421.66	402.55	275.77	291.64	293.75

Source: Company financial statements from annual and quarterly filings. Data as of Aug 31, 2026. Data sources and methodology

Frequently Asked Questions About Bassett Furniture Industries, Incorporated Balance Sheet

How much debt does Bassett Furniture Industries, Incorporated have?

Bassett Furniture Industries, Incorporated had total debt of $88.65M as of Nov 30, 2025, against $59.24M in cash and short-term investments. Its debt-to-equity ratio was 0.54. Total debt was $106.44M a year earlier.

What are Bassett Furniture Industries, Incorporated's total assets?

Bassett Furniture Industries, Incorporated reported total assets of $323.82M as of Nov 30, 2025, down 5.1% from $341.17M a year earlier. Total liabilities were $158.71M.

What is Bassett Furniture Industries, Incorporated's shareholders' equity?

Bassett Furniture Industries, Incorporated's shareholders' equity was $165.11M as of Nov 30, 2025, or about $19.09 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition