Nova Debt To Assets from 2010 to 2024

NVFY Stock  USD 0.47  0.01  2.57%   
Nova Lifestyle Debt To Assets yearly trend continues to be fairly stable with very little volatility. Debt To Assets will likely drop to 0.02 in 2024. During the period from 2010 to 2024, Nova Lifestyle Debt To Assets regression line of annual values had r-squared of  0.77 and arithmetic mean of  0.07. View All Fundamentals
 
Debt To Assets  
First Reported
2010-12-31
Previous Quarter
0.02363205
Current Value
0.0225
Quarterly Volatility
0.04356611
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova Lifestyle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Lifestyle's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Selling General Administrative of 6.1 M or Total Revenue of 10.5 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 12.41. Nova financial statements analysis is a perfect complement when working with Nova Lifestyle Valuation or Volatility modules.
  
Check out the analysis of Nova Lifestyle Correlation against competitors.

Latest Nova Lifestyle's Debt To Assets Growth Pattern

Below is the plot of the Debt To Assets of Nova Lifestyle I over the last few years. It is Nova Lifestyle's Debt To Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova Lifestyle's overall financial position and show how it may be relating to other accounts over time.
Debt To Assets10 Years Trend
Slightly volatile
   Debt To Assets   
       Timeline  

Nova Debt To Assets Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.06
Coefficient Of Variation59.37
Mean Deviation0.04
Median0.08
Standard Deviation0.04
Sample Variance0
Range0.1106
R-Value(0.88)
Mean Square Error0.0005
R-Squared0.77
Significance0.000016
Slope(0.01)
Total Sum of Squares0.03

Nova Debt To Assets History

2024 0.0225
2023 0.0236
2022 0.0769
2021 0.0298
2019 0.018
2018 0.0694
2017 0.0526

About Nova Lifestyle Financial Statements

Nova Lifestyle investors use historical fundamental indicators, such as Nova Lifestyle's Debt To Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nova Lifestyle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Assets 0.02  0.02 

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Additional Tools for Nova Stock Analysis

When running Nova Lifestyle's price analysis, check to measure Nova Lifestyle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nova Lifestyle is operating at the current time. Most of Nova Lifestyle's value examination focuses on studying past and present price action to predict the probability of Nova Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Lifestyle's price. Additionally, you may evaluate how the addition of Nova Lifestyle to your portfolios can decrease your overall portfolio volatility.