Nova Lifestyle I Stock Total Asset
NVFY Stock | USD 0.45 0.01 2.27% |
Nova Lifestyle I fundamentals help investors to digest information that contributes to Nova Lifestyle's financial success or failures. It also enables traders to predict the movement of Nova Stock. The fundamental analysis module provides a way to measure Nova Lifestyle's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nova Lifestyle stock.
Last Reported | Projected for Next Year | ||
Total Assets | 6.2 M | 5.9 M | |
Intangibles To Total Assets | 0.04 | 0.05 |
Nova | Total Asset |
Nova Lifestyle I Company Total Asset Analysis
Nova Lifestyle's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Nova Lifestyle Total Asset | 6.24 M |
Most of Nova Lifestyle's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nova Lifestyle I is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nova Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Nova Lifestyle is extremely important. It helps to project a fair market value of Nova Stock properly, considering its historical fundamentals such as Total Asset. Since Nova Lifestyle's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nova Lifestyle's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nova Lifestyle's interrelated accounts and indicators.
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Nova Total Asset Historical Pattern
Today, most investors in Nova Lifestyle Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nova Lifestyle's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Nova Lifestyle total asset as a starting point in their analysis.
Nova Lifestyle Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Nova Total Assets
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Based on the latest financial disclosure, Nova Lifestyle I has a Total Asset of 6.24 M. This is 99.99% lower than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The total asset for all United States stocks is 99.98% higher than that of the company.
Nova Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nova Lifestyle's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nova Lifestyle could also be used in its relative valuation, which is a method of valuing Nova Lifestyle by comparing valuation metrics of similar companies.Nova Lifestyle is currently under evaluation in total asset category among its peers.
Nova Lifestyle Institutional Holders
Institutional Holdings refers to the ownership stake in Nova Lifestyle that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nova Lifestyle's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nova Lifestyle's value.Shares | Geode Capital Management, Llc | 2024-09-30 | 12.1 K | Blackrock Inc | 2024-06-30 | 4.9 K | Tower Research Capital Llc | 2024-09-30 | 4.9 K | Bank Of America Corp | 2024-06-30 | 8.0 | Barclays Plc | 2024-09-30 | 7.0 | Wells Fargo & Co | 2024-06-30 | 0.0 | Two Sigma Securities, Llc | 2024-09-30 | 0.0 | Ubs Group Ag | 2024-06-30 | 0.0 | Hrt Financial Llc | 2024-06-30 | 0.0 |
Nova Fundamentals
Return On Equity | -3.27 | ||||
Return On Asset | -0.55 | ||||
Profit Margin | (0.81) % | ||||
Operating Margin | (0.19) % | ||||
Current Valuation | 5.12 M | ||||
Shares Outstanding | 7.21 M | ||||
Shares Owned By Insiders | 30.26 % | ||||
Shares Owned By Institutions | 0.30 % | ||||
Number Of Shares Shorted | 6.82 K | ||||
Price To Earning | 2.97 X | ||||
Price To Book | 90.86 X | ||||
Price To Sales | 0.32 X | ||||
Revenue | 11.09 M | ||||
Gross Profit | (7.78 M) | ||||
EBITDA | (5.61 M) | ||||
Net Income | (7.72 M) | ||||
Cash And Equivalents | 4.68 M | ||||
Cash Per Share | 0.68 X | ||||
Total Debt | 2.11 M | ||||
Debt To Equity | 0.18 % | ||||
Current Ratio | 8.82 X | ||||
Book Value Per Share | 0.26 X | ||||
Cash Flow From Operations | (1.58 M) | ||||
Short Ratio | 1.18 X | ||||
Earnings Per Share | (4.40) X | ||||
Number Of Employees | 27 | ||||
Beta | 1.26 | ||||
Market Capitalization | 4.47 M | ||||
Total Asset | 6.24 M | ||||
Retained Earnings | (44.43 M) | ||||
Working Capital | 60.06 K | ||||
Current Asset | 65.83 M | ||||
Current Liabilities | 17.21 M | ||||
Net Asset | 6.24 M |
About Nova Lifestyle Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nova Lifestyle I's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova Lifestyle using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova Lifestyle I based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.