Nova Lifestyle, Inc. financial data

Symbol
NVFY on Nasdaq
Industry
Household Furniture
Location
6565 E. Washington Blvd., Commerce, CA
State of incorporation
Nevada
Fiscal year end
December 31
Former names
Stevens Resources, Inc. (to 5/11/2011)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 104 % -77.3%
Quick Ratio 60.8 % -80.1%
Debt-to-equity -58.3 % -191%
Return On Equity 83.5 %
Return On Assets -120 % -25.3%
Operating Margin -127 % -314%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 3.08M shares +110%
Common Stock, Shares, Outstanding 2.67M shares +82.4%
Entity Public Float 2.34M USD -31.6%
Common Stock, Value, Issued 2.67K USD +81.8%
Weighted Average Number of Shares Outstanding, Basic 2.54M shares +73.9%
Weighted Average Number of Shares Outstanding, Diluted 2.54M shares +73.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 12.7M USD +1.5%
Revenue from Contract with Customer, Excluding Assessed Tax 9.82M USD -15.4%
Cost of Revenue 5.54M USD -63.7%
Research and Development Expense 751K USD
General and Administrative Expense 5.16M USD +3.64%
Operating Income (Loss) -6.84M USD +39.3%
Nonoperating Income (Expense) -412K USD +58.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -7.26M USD +40.9%
Income Tax Expense (Benefit) 4.88K USD +103%
Net Income (Loss) Attributable to Parent -7.99M USD +34.9%
Earnings Per Share, Basic -4.61 USD/shares +50.4%
Earnings Per Share, Diluted -4.61 USD/shares +40.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 363K USD -17.8%
Accounts Receivable, after Allowance for Credit Loss, Current 44.5K USD -96.3%
Inventory, Net 2.13M USD -10.5%
Assets, Current 3.71M USD -17.3%
Property, Plant and Equipment, Net 254K USD -19.6%
Operating Lease, Right-of-Use Asset 1.54M USD -31.7%
Intangible Assets, Net (Excluding Goodwill) 8.47K USD -38.8%
Goodwill 219K USD 0%
Assets 5.8M USD -40.1%
Accounts Payable, Current 298K USD -48.9%
Liabilities, Current 4.04M USD +64.3%
Accrued Income Taxes, Noncurrent 643K USD 0%
Operating Lease, Liability, Noncurrent 931K USD -41.9%
Liabilities 5.76M USD +18.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 439K USD
Retained Earnings (Accumulated Deficit) -46.5M USD -20.8%
Stockholders' Equity Attributable to Parent -42.7M USD -887%
Liabilities and Equity 5.8M USD -40.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -222K USD +69.7%
Net Cash Provided by (Used in) Financing Activities 200K USD
Common Stock, Shares Authorized 250M shares +1567%
Common Stock, Shares, Issued 2.67M shares +82.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -96K USD +86.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 5.19K USD +166%
Deferred Tax Assets, Valuation Allowance 5.15M USD -57.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 5.15M USD -57.7%
Operating Lease, Liability 1.6M USD -30%
Depreciation 59.2K USD +1.25%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -7.53M USD +39.2%
Lessee, Operating Lease, Liability, to be Paid 1.66M USD -37.4%
Property, Plant and Equipment, Gross 623K USD -3.53%
Operating Lease, Liability, Current 672K USD -4.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 599K USD -14.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 701K USD -7.02%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 61.2K USD -58.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 599K USD -14.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 701K USD +314%
Additional Paid in Capital 43.2M USD +1.34%
Amortization of Intangible Assets -22.5K USD -168%
Depreciation, Depletion and Amortization 21.9K USD +23.1%
Interest Expense 3.07K USD +28.6%