Nova LifeStyle Balance Sheet Health
Financial Health criteria checks 0/6
Nova LifeStyle has a total shareholder equity of $-895.9K and total debt of $521.6K, which brings its debt-to-equity ratio to -58.2%. Its total assets and total liabilities are $5.1M and $6.0M respectively.
Key information
-58.2%
Debt to equity ratio
US$521.56k
Debt
| Interest coverage ratio | n/a |
| Cash | US$162.29k |
| Equity | -US$895.91k |
| Total liabilities | US$5.95m |
| Total assets | US$5.06m |
Recent financial health updates
Recent updates
Pinning Down Nova LifeStyle, Inc.'s (NASDAQ:NVFY) P/S Is Difficult Right Now
Jul 13
With A 28% Price Drop For Nova LifeStyle, Inc. (NASDAQ:NVFY) You'll Still Get What You Pay For
Feb 23Nova LifeStyle, Inc.'s (NASDAQ:NVFY) Shares Not Telling The Full Story
Dec 20Nova Lifestyle reports Q2 results
Aug 12Shareholders Will Probably Be Cautious Of Increasing Nova LifeStyle, Inc.'s (NASDAQ:NVFY) CEO Compensation At The Moment
May 22Nova Lifestyle reports Q3 results
Nov 20Financial Position Analysis
Short Term Liabilities: NVFY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NVFY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NVFY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NVFY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NVFY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NVFY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nova LifeStyle, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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