NanoVibronix Financials

NAOV Stock  USD 0.69  0.02  2.82%   
Based on the key measurements obtained from NanoVibronix's financial statements, NanoVibronix is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, NanoVibronix's Net Tangible Assets are fairly stable compared to the past year. Non Current Liabilities Other is likely to climb to about 796.7 K in 2024, whereas Short and Long Term Debt Total is likely to drop 4,750 in 2024. Key indicators impacting NanoVibronix's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio3.532.6434
Significantly Up
Pretty Stable
The essential information of the day-to-day investment outlook for NanoVibronix includes many different criteria found on its balance sheet. An individual investor should monitor NanoVibronix's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in NanoVibronix.

Net Income

(3.9 Million)

  
Understanding current and past NanoVibronix Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NanoVibronix's financial statements are interrelated, with each one affecting the others. For example, an increase in NanoVibronix's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in NanoVibronix's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NanoVibronix. Check NanoVibronix's Beneish M Score to see the likelihood of NanoVibronix's management manipulating its earnings.

NanoVibronix Stock Summary

NanoVibronix competes with Bone Biologics, Bluejay Diagnostics, Vivos Therapeutics, Tivic Health, and Heart Test. NanoVibronix, Inc., through its subsidiary, NanoVibronix Ltd., focuses on the manufacture and sale of noninvasive biological response-activating devices that target biofilm prevention, wound healing, and pain therapy. NanoVibronix, Inc. was incorporated in 2003 and is based in Elmsford, New York. Nanovibronix operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 12 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS63008J1088
CUSIP63008J108 63008J603 63008J207
LocationNew York; U.S.A
Business Address969 Pruitt Avenue,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.nanovibronix.com
Phone(914) 233 3004
CurrencyUSD - US Dollar

NanoVibronix Key Financial Ratios

NanoVibronix Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.0M8.2M8.6M5.9M6.7M3.7M
Other Current Liab280K2.5M1.7M2.1M2.3M2.4M
Net Debt(1.3M)(7.1M)(7.7M)(2.6M)(3.3M)(3.1M)
Retained Earnings(38.3M)(42.7M)(56.9M)(62.4M)(66.1M)(62.8M)
Accounts Payable129K144K87K66K138K103.5K
Cash1.3M7.1M7.7M2.7M3.3M2.6M
Net Receivables130K93K264K109K425K446.3K
Other Current Assets249K590K166K612K47K44.7K
Total Liab688K5.8M2.3M2.6M2.7M2.2M
Total Current Assets1.8M8.0M8.3M5.6M6.5M3.3M
Inventory121K145K175K2.2M2.7M2.9M
Other Liab279K2.9M406K330K297K282.2K
Other Assets194K255.0208K179K161.1K216.3K
Net Tangible Assets1.3M2.4M6.3M3.2M3.7M3.9M
Capital Surpluse32.0M33.0M39.7M45.0M51.7M31.5M
Net Invested Capital1.3M2.4M6.3M3.2M4.0M3.4M
Net Working Capital1.4M5.1M6.4M3.3M4.0M3.9M
Capital Stock9K24K28K2K1.8K1.7K

NanoVibronix Key Income Statement Accounts

The reason investors look at the income statement is to determine what NanoVibronix's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense62K147K6.9M347K246K233.7K
Total Revenue530K623K1.7M752K2.3M2.4M
Gross Profit281K214K770K167K1.5M1.6M
Operating Income(5.2M)(4.7M)(5.7M)(5.0M)(3.4M)(3.6M)
Ebit(5.2M)(4.2M)(14.3M)(5.0M)(3.4M)(3.6M)
Research Development514K171K293K283K185K361.2K
Ebitda(5.6M)(4.2M)(14.2M)(5.0M)(3.4M)(3.6M)
Cost Of Revenue249K409K925K585K746K783.3K
Income Before Tax(5.8M)(4.3M)(14.3M)(5.4M)(3.7M)(3.9M)
Net Income(5.8M)(4.3M)(14.3M)(5.4M)(3.7M)(3.9M)
Income Tax Expense(127K)(17K)15K32K29K30.5K
Tax Provision(127K)(17K)15K32K35K14.8K
Net Interest Income(62K)(147K)(48K)(401K)(500K)(525K)

NanoVibronix Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory23K(26K)(30K)(2M)(557K)(529.2K)
Change In Cash442K6.2M204K(5.0M)570K598.5K
Free Cash Flow(3.9M)(3.4M)(4.4M)(7.0M)(3.6M)(3.8M)
Depreciation6K4K2K1K900.0855.0
Other Non Cash Items10K647K1.5M363K137K130.2K
Net Income(5.8M)(4.3M)(14.3M)(5.4M)(3.7M)(3.9M)
End Period Cash Flow1.3M7.5M7.7M2.7M3.3M2.6M
Change To Netincome2.0M(14K)10.4M717K824.6K783.3K
Change Receivables(18K)(71K)(16K)86K98.9K103.8K

NanoVibronix Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining NanoVibronix's current stock value. Our valuation model uses many indicators to compare NanoVibronix value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NanoVibronix competition to find correlations between indicators driving NanoVibronix's intrinsic value. More Info.
NanoVibronix is rated below average in return on equity category among its peers. It is regarded fifth in return on asset category among its peers . At this time, NanoVibronix's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value NanoVibronix by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

NanoVibronix Systematic Risk

NanoVibronix's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NanoVibronix volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on NanoVibronix correlated with the market. If Beta is less than 0 NanoVibronix generally moves in the opposite direction as compared to the market. If NanoVibronix Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NanoVibronix is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NanoVibronix is generally in the same direction as the market. If Beta > 1 NanoVibronix moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as NanoVibronix is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of NanoVibronix has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if NanoVibronix's financials are consistent with your investment objective using the following steps:
  • Review NanoVibronix's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand NanoVibronix's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare NanoVibronix's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if NanoVibronix's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in NanoVibronix Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NanoVibronix's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of NanoVibronix growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0115

At this time, NanoVibronix's Price Earnings To Growth Ratio is fairly stable compared to the past year.

NanoVibronix November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of NanoVibronix help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NanoVibronix. We use our internally-developed statistical techniques to arrive at the intrinsic value of NanoVibronix based on widely used predictive technical indicators. In general, we focus on analyzing NanoVibronix Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NanoVibronix's daily price indicators and compare them against related drivers.

Additional Tools for NanoVibronix Stock Analysis

When running NanoVibronix's price analysis, check to measure NanoVibronix'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 NanoVibronix is operating at the current time. Most of NanoVibronix's value examination focuses on studying past and present price action to predict the probability of NanoVibronix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NanoVibronix's price. Additionally, you may evaluate how the addition of NanoVibronix to your portfolios can decrease your overall portfolio volatility.