What is Bassett Furniture Industries's deferred taxes?

Bassett Furniture Industries (BSET) reported deferred taxes of -$131K in Q1 2026.

How has Bassett Furniture Industries's deferred taxes changed year-over-year?

Bassett Furniture Industries's deferred taxes decreased by 116.6% year-over-year, from $787K to -$131K.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

Bassett Furniture Industries BSET Deferred Taxes

Deferred Taxes at other companies

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$15.12M+407%

Williams-SonomaWSM

$3.91M+351%

Ethan Allen InteriorsETD

$344K+172%

ARH

Arhaus, Inc.ARHS

-$682K-291%

BOB

Bob's Discount Furniture BOBS

$2.23M+617%

MBC

MasterBrandMBC

$3.2M+178%

Other financials

Income statement

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Revenue$83.8M-0.7%

Gross profit$49.9M+4.7%

Operating income$2.3M—

Net income$2.0M+6.3%

EPS (diluted)$0.17—

Balance sheet

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Cash & equivalents$35.9M-9.0%

Total debt$87.8M-10.2%

Total equity$164.5M-1.4%

Total assets$317.5M-4.2%

Cash flow

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Operating cash flow$7.4M+5.9%

CapEx$1.7M+23.1%

Free cash flow-$6.3M-586%

Valuation

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Market cap$153.23M+22.3%

Enterprise value$205.15M+11.7%

P/E28×—

P/S0.5×+0.1×

Profitability

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Gross margin56.3%+1.9pp

Operating margin2.3%+1.4pp

Net margin1.6%—

FCF margin-1.6%—

Returns & leverage

See full

Return on equity3.3%—

Debt / equity0.5×-0.1×

Current ratio2×0.0×

Where this comes from

Reported directly by Bassett Furniture Industries in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxExpenseBenefit.

The official record: Bassett Furniture Industries’s 10-Q, filed July 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bassett Furniture Industries's deferred taxes?: Bassett Furniture Industries (BSET) reported deferred taxes of -$131K in Q1 2026.
How has Bassett Furniture Industries's deferred taxes changed year-over-year?: Bassett Furniture Industries's deferred taxes decreased by 116.6% year-over-year, from $787K to -$131K.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.