Nova Lifestyle Balance Sheet - Annual (NASDAQ:NVFY)

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$1.68 $0.01 (0.59%) NVFY stock closing price Aug 20, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Nova Lifestyle, and helps in stock analysis. As in our Nova Lifestyle stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Apart from analyzing Nova Lifestyle revenue Nova Lifestyle operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Nova Lifestyle balance sheet for 2017 shows cash on hand of $5.72M. The company has a debt to equity ratio of 0.

View latest 10 year balance sheet data to check Nova Lifestyle financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec20172016201520142013201220112010
Cash5.72M2.58M-1.24M2.32M3.15M2.5M-
Marketable Securities--------
Receivables54M50.36M50.45M42.97M28M22.38M19M6.48M
Inventory6.37M2.78M5.25M3.61M3.35M3.24M1.84M1.01M
Raw Materials--------
Work In Progress--1.75M1.15M----
Finished Goods--3.18M2.25M2.13M2.03M1.38M-
Notes Receivable--------
Other Current Assets8.81M14.31M9.13M8.86M4.42M3.44M--
Total Current Assets
74.91M70.04M65.83M56.69M38.11M32.22M24.18M9.05M
Property Plant & Equipment--21.76M19.93M17.62M11.96M11.48M-
Accumulated Depreciation--6.55M5.56M4.47M3.41M2.75M1.96M
Net Property Plant & Equipment
--15.32M15.88M14.3M14.05M8.94M8.26M
Investment & Advances--------
Other Non-Current Assets--------
Deferred Charges--------
Intangibles4.42M5.9M8.28M6.71M8M1.43M--
Deposits & Other Assets---1.36M-3.04M--
Total Assets
79.85M77.04M89.74M80.65M60.56M50.75M34.81M17.79M
Notes Payable-7.97M4.6M7.59M-6.52M--
Accounts Payable1.63M2.36M9.82M10.45M6.89M7.12M6.75M1.16M
Current Portion Long-Term Debt--------
Current Portion Capital Leases--------
Accrued Expenses--2.58M2.47M1.45M1.49M-1.06M
Income Taxes Payable--------
Other Current Liabilities---1.58M---197.8M
Total Current Liabilities
2.68M11.64M17.2M22.16M9.21M15.67M7.88M2.64M
Mortgages--------
Deferred Taxes/Income--------
Convertible Debt--------
Long-Term Debt4.2M-5.65M-6.6M---
Non-Current Capital Leases--------
Other Long-Term Liabilities4.52M2.13M6.8M6.6M5.94M4.6M4.01M2.36M
Total Liabilities
11.41M13.77M29.75M28.87M21.83M20.38M11.95M5.05M
Minority Interest--------
Preferred Stock--------
Common Stock Net--------
Capital Surplus38.68M36.88M31.76M24.75M20.98M19.11M17.08M10.9M
Retained Earnings29.73M26.35M26.62M24.42M15.87M11M5.57M-
Treasury Stock--------
Other Liabilities--1.57M2.57M1.85M--1.61M
Shareholders Equity68.44M63.26M59.99M51.78M38.72M30.36M22.86M12.73M
Total Liabilities & Shareholders Equity79.85M77.04M89.74M80.65M60.56M50.75M34.81M17.79M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Nova Lifestyle stock price, and Nova Lifestyle historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Nova Lifestyle PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Nova Lifestyle owns and has monetary significance. NVFY assets grew from $77.04M in 2016 to $79.85M in 2017. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Nova Lifestyle's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for NVFY stock stand at $11.41M.

Nova Lifestyle Balance Sheet - Key Ratios

Current ratio
29.16
Debt to equity ratio
0
Asset turnover ratio
1.13
Receivables turnover
2.57
Price to book ratio
0.72