Nova Tax Provision from 2010 to 2024

NVFY Stock  USD 0.45  0.01  2.27%   
Nova Lifestyle Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Nova Lifestyle I to cover any estimated taxes for the current period. It reflects Nova Lifestyle's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-09-30
Previous Quarter
4.9 K
Current Value
211
Quarterly Volatility
362 K
 
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Nova Lifestyle I over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Nova Lifestyle's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Nova Tax Provision Regression Statistics

Arithmetic Mean428,988
Coefficient Of Variation210.31
Mean Deviation678,611
Median186,064
Standard Deviation902,217
Sample Variance814B
Range3.6M
R-Value(0.41)
Mean Square Error728.4B
R-Squared0.17
Significance0.13
Slope(82,954)
Total Sum of Squares11.4T

Nova Tax Provision History

2024186.1 K
2023152.2 K
2022 2400.0
2021163.9 K
2020-649.2 K
2019251 K
2018-659.9 K

About Nova Lifestyle Financial Statements

Nova Lifestyle investors use historical fundamental indicators, such as Nova Lifestyle's Tax Provision, 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
Tax Provision152.2 K186.1 K

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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.