Nova Current Ratio from 2010 to 2024

NOVV Stock  USD 37.00  0.00  0.00%   
Nova Vision Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.04 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.04599606
Current Value
0.0437
Quarterly Volatility
9.59199974
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova Vision financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Vision's main balance sheet or income statement drivers, such as Depreciation And Amortization of 537.2 K, Interest Expense of 1.5 M or Selling General Administrative of 537.2 K, as well as many indicators such as Price To Sales Ratio of 86.99, Dividend Yield of 0.0 or PTB Ratio of 1.9. Nova financial statements analysis is a perfect complement when working with Nova Vision Valuation or Volatility modules.
  
Check out the analysis of Nova Vision Correlation against competitors.

Latest Nova Vision's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Nova Vision Acquisition over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Nova Vision's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova Vision's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 23.32 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Nova Current Ratio Regression Statistics

Arithmetic Mean18.68
Geometric Mean7.67
Coefficient Of Variation51.34
Mean Deviation7.41
Median23.32
Standard Deviation9.59
Sample Variance92.01
Range23.2716
R-Value(0.69)
Mean Square Error51.24
R-Squared0.48
Significance0
Slope(1.49)
Total Sum of Squares1,288

Nova Current Ratio History

2024 0.0437
2023 0.046
2022 0.36

About Nova Vision Financial Statements

Nova Vision investors use historical fundamental indicators, such as Nova Vision's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nova Vision. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.05  0.04 

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Additional Tools for Nova Stock Analysis

When running Nova Vision's price analysis, check to measure Nova Vision'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 Vision is operating at the current time. Most of Nova Vision's value examination focuses on studying past and present price action to predict the probability of Nova Vision'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 Vision's price. Additionally, you may evaluate how the addition of Nova Vision to your portfolios can decrease your overall portfolio volatility.