Nova Lifestyle Balance Sheet - Quarterly (NASDAQ:NVFY)

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$1.69 $0 (0%) NVFY stock closing price Aug 17, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Nova Lifestyle stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Nova Lifestyle stock analysis. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The Nova Lifestyle balance sheet for 2018 Q1 shows total assets of $77.74M. The company has a asset turnover ratio of 1.13. Also see: Nova Lifestyle revenue and Nova Lifestyle operating cash flow for the same quarter.

View and download Nova Lifestyle quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash1.12M5.72M-5.17M-2.58M5.84M-1.06M-
Marketable Securities----------
Receivables54.62M54M36.95M31.61M38.22M50.36M43.2M49.89M48.65M50.45M
Inventory6.22M6.37M6.72M2.01M2.29M2.78M2.27M5.33M4.57M5.25M
Raw Materials----------
Work In Progress-------1.42M1.08M1.75M
Finished Goods------2.27M3.51M3.16M3.18M
Notes Receivable----------
Other Current Assets10.93M8.81M22.26M25.3M23.45M14.31M37.91M16.16M15.7M9.13M
Total Current Assets
72.9M74.91M66.74M64.1M64.26M70.04M89.23M72.04M69.99M65.83M
Property Plant & Equipment-------21.4M21.94M21.76M
Accumulated Depreciation-------7.11M6.94M6.55M
Net Property Plant & Equipment
-------14.4M15.12M15.32M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges--1.49M1.52M1.09M-----
Intangibles4.31M4.42M4.79M5.16M5.53M5.9M6.03M7.97M8.13M8.28M
Deposits & Other Assets----------
Total Assets
77.74M79.85M73.23M70.98M71.1M77.04M95.55M94.68M93.53M89.74M
Notes Payable-7.97M4.6M7.59M-6.52M----
Accounts Payable1.33M1.63M---2.36M6.35M13.01M12.21M9.82M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses------1.12M2.04M1.89M2.58M
Income Taxes Payable----------
Other Current Liabilities------17.04M1.18M--
Total Current Liabilities
2.5M2.68M-5.36M6.58M11.64M32.68M21.1M19.91M17.2M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt-4.2M3.32M----6.33M5.97M5.65M
Non-Current Capital Leases----------
Other Long-Term Liabilities4.55M4.52M2M2.29M2.19M2.13M2.07M6.93M6.94M6.8M
Total Liabilities
7.06M11.41M6.23M7.66M8.77M13.77M34.76M34.47M32.93M29.75M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus39.25M38.68M38.3M37.59M37.15M36.88M33.27M32.89M32.2M31.76M
Retained Earnings31.39M29.73M28.65M25.7M25.14M26.35M26.34M26.04M26.72M26.62M
Treasury Stock----------
Other Liabilities------1.14M1.24M1.64M1.57M
Shareholders Equity70.67M68.44M66.99M63.32M62.32M63.26M60.78M60.21M60.6M59.99M
Total Liabilities & Shareholders Equity77.74M79.85M73.23M70.98M71.1M77.04M95.55M94.68M93.53M89.74M
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 economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for NVFY stock as of 2018 Q1 is $77.74M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: The total liabilities of Nova Lifestyle for the quarter 2018 Q1 total to $7.06M. Liabilities for a company like Nova Lifestyle include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

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