Nova Cash Ratio from 2010 to 2024

NVFY Stock  USD 0.50  0.02  3.85%   
Nova Lifestyle Cash Ratio yearly trend continues to be fairly stable with very little volatility. Cash Ratio will likely drop to 0.1 in 2024. During the period from 2010 to 2024, Nova Lifestyle Cash Ratio regression line of annual values had r-squared of  0.11 and arithmetic mean of  1.17. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.10005535
Current Value
0.0951
Quarterly Volatility
1.72160839
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova Lifestyle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Lifestyle's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Selling General Administrative of 6.1 M or Total Revenue of 10.5 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 12.41. Nova financial statements analysis is a perfect complement when working with Nova Lifestyle Valuation or Volatility modules.
  
Check out the analysis of Nova Lifestyle Correlation against competitors.

Latest Nova Lifestyle's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Nova Lifestyle I over the last few years. It is Nova Lifestyle's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova Lifestyle's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Nova Cash Ratio Regression Statistics

Arithmetic Mean1.17
Geometric Mean0.37
Coefficient Of Variation147.47
Mean Deviation1.37
Median0.25
Standard Deviation1.72
Sample Variance2.96
Range5.0119
R-Value0.33
Mean Square Error2.84
R-Squared0.11
Significance0.23
Slope0.13
Total Sum of Squares41.50

Nova Cash Ratio History

2024 0.0951
2023 0.1
2022 0.84
2021 3.46
2020 4.32
2019 5.07
2018 0.0752

About Nova Lifestyle Financial Statements

Nova Lifestyle investors use historical fundamental indicators, such as Nova Lifestyle's Cash 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 Lifestyle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 0.10  0.10 

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Additional Tools for Nova Stock Analysis

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