Nova Historical Balance Sheet

EYE Stock   0.15  0.01  7.14%   
Trend analysis of Nova Eye Medical balance sheet accounts such as Other Current Liabilities of 2.7 M or Total Current Liabilities of 9.4 M provides information on Nova Eye's total assets, liabilities, and equity, which is the actual value of Nova Eye Medical to its prevalent stockholders. By breaking down trends over time using Nova Eye balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Nova Eye Medical latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nova Eye Medical is a good buy for the upcoming year.

Nova Eye Inventory

4.07 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Nova Eye Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Nova Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Nova Eye Medical at a specified time, usually calculated after every quarter, six months, or one year. Nova Eye Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nova Eye and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Nova currently owns. An asset can also be divided into two categories, current and non-current.

Nova Eye Balance Sheet Chart

At this time, Nova Eye's Net Receivables is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 94.6 M in 2024, despite the fact that Net Debt is likely to grow to (2.7 M).

Total Current Liabilities

Total Current Liabilities is an item on Nova Eye balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nova Eye Medical are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Capital Lease Obligations

Nova Eye Medical capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Nova Eye asset purchases. For example, Nova Eye can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Nova Eye control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most accounts from Nova Eye's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Nova Eye Medical current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Nova Eye Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Nova Eye's Net Receivables is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 94.6 M in 2024, despite the fact that Net Debt is likely to grow to (2.7 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.9M1.5M3.3M3.2M
Total Assets36.6M30.4M29.9M40.5M

Nova Eye balance sheet Correlations

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0.520.790.710.360.690.150.340.180.18-0.180.08-0.21-0.180.86-0.16-0.430.410.820.420.80.70.30.660.36-0.03
0.820.920.710.690.790.480.050.340.680.150.17-0.360.150.890.03-0.320.140.920.140.980.860.640.940.69-0.13
0.980.560.360.690.50.88-0.650.680.440.790.34-0.410.790.450.31-0.130.320.46-0.560.70.610.990.510.88-0.05
0.630.920.690.790.50.310.210.10.3-0.020.51-0.16-0.020.740.11-0.170.550.830.30.820.860.420.820.6-0.13
0.820.330.150.480.880.31-0.750.610.280.850.13-0.270.850.240.13-0.110.210.25-0.620.480.330.910.30.78-0.35
-0.480.240.340.05-0.650.21-0.75-0.56-0.03-0.98-0.110.15-0.980.33-0.34-0.21-0.040.360.940.070.13-0.710.25-0.490.08
0.620.240.180.340.680.10.61-0.560.070.62-0.01-0.430.620.25-0.29-0.62-0.010.23-0.650.350.220.70.270.330.3
0.520.460.180.680.440.30.28-0.030.070.130.07-0.380.130.510.270.01-0.210.530.050.610.540.410.570.55-0.03
0.64-0.03-0.180.150.79-0.020.85-0.980.620.130.18-0.21.0-0.150.350.140.13-0.16-0.910.130.050.84-0.050.63-0.1
0.320.310.080.170.340.510.13-0.11-0.010.070.18-0.170.180.050.620.230.680.15-0.150.220.460.230.170.450.19
-0.42-0.27-0.21-0.36-0.41-0.16-0.270.15-0.43-0.38-0.2-0.17-0.2-0.2-0.090.30.14-0.330.2-0.35-0.52-0.34-0.37-0.4-0.5
0.64-0.03-0.180.150.79-0.020.85-0.980.620.131.00.18-0.2-0.150.350.140.13-0.16-0.910.130.050.84-0.050.63-0.1
0.620.880.860.890.450.740.240.330.250.51-0.150.05-0.2-0.15-0.21-0.490.210.960.40.930.750.40.850.43-0.1
0.24-0.01-0.160.030.310.110.13-0.34-0.290.270.350.62-0.090.35-0.210.780.37-0.17-0.290.030.250.25-0.110.490.06
-0.2-0.37-0.43-0.32-0.13-0.17-0.11-0.21-0.620.010.140.230.30.14-0.490.780.06-0.49-0.1-0.34-0.16-0.13-0.40.1-0.27
0.330.380.410.140.320.550.21-0.04-0.01-0.210.130.680.140.130.210.370.060.220.00.280.390.240.080.420.01
0.640.950.820.920.460.830.250.360.230.53-0.160.15-0.33-0.160.96-0.17-0.490.220.410.940.850.390.930.5-0.05
-0.380.30.420.14-0.560.3-0.620.94-0.650.05-0.91-0.150.2-0.910.4-0.29-0.10.00.410.160.16-0.620.28-0.33-0.15
0.840.940.80.980.70.820.480.070.350.610.130.22-0.350.130.930.03-0.340.280.940.160.880.650.90.71-0.1
0.730.90.70.860.610.860.330.130.220.540.050.46-0.520.050.750.25-0.160.390.850.160.880.50.850.710.13
0.950.480.30.640.990.420.91-0.710.70.410.840.23-0.340.840.40.25-0.130.240.39-0.620.650.50.450.84-0.11
0.660.950.660.940.510.820.30.250.270.57-0.050.17-0.37-0.050.85-0.11-0.40.080.930.280.90.850.450.54-0.05
0.890.610.360.690.880.60.78-0.490.330.550.630.45-0.40.630.430.490.10.420.5-0.330.710.710.840.54-0.17
-0.07-0.05-0.03-0.13-0.05-0.13-0.350.080.3-0.03-0.10.19-0.5-0.1-0.10.06-0.270.01-0.05-0.15-0.10.13-0.11-0.05-0.17
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Nova Eye Account Relationship Matchups

Nova Eye balance sheet Accounts

201920202021202220232024 (projected)
Total Assets116.7M42.0M36.6M30.4M29.9M40.5M
Short Long Term Debt Total3.3M3.7M1.9M1.5M3.3M3.2M
Other Current Liab472K746K912K1.3M1.6M2.7M
Total Current Liabilities14.4M4.7M3.9M6.3M5.7M9.4M
Total Stockholder Equity100.6M35.3M30.4M23.2M21.3M29.1M
Property Plant And Equipment Net2.9M3.5M2.9M2.4M3.9M4.4M
Current Deferred Revenue8.2M(1.9M)1.0(639K)(734.9K)(698.1K)
Net Debt(92.3M)(14.1M)(6.1M)(5.9M)(2.8M)(2.7M)
Retained Earnings24.6M892K(6.6M)(21.9M)(30.7M)(29.2M)
Accounts Payable3.8M2.0M2.4M4.3M3.6M2.8M
Cash95.6M17.8M8M7.4M6.2M6.6M
Non Current Assets Total13.8M15.7M21.0M15.8M15.1M13.4M
Non Currrent Assets Other(6.3M)(6.9M)(10.1M)(10.8M)4.2M4.4M
Cash And Short Term Investments95.6M17.8M8M7.4M6.2M6.6M
Net Receivables3.8M1.9M2.0M1.9M4.1M6.4M
Liabilities And Stockholders Equity116.7M42.0M36.6M30.4M29.9M40.5M
Non Current Liabilities Total1.8M2.0M2.4M892K2.9M2.1M
Inventory2.9M2.9M3.5M3.8M4.3M4.1M
Other Stockholder Equity(102.9M)(37.6M)(30.8M)(1.0)(0.9)(0.94)
Total Liab16.2M6.7M6.2M7.2M8.6M11.4M
Property Plant And Equipment Gross10.4M13.1M15.2M9.2M10.4M8.7M
Total Current Assets102.9M26.3M15.6M14.6M14.7M22.8M
Accumulated Other Comprehensive Income(2.4M)(2.2M)(439K)(87.0K)(693K)(658.4K)
Short Term Debt1.9M1.9M544K639K480K456K
Other Current Assets494K3.7M2.0M1.4M234K222.3K
Intangible Assets10.9M12.1M18.0M13.3M7.0M6.8M
Other Assets7.6M8.7M10.9M4.9M4.4M4.2M
Long Term Debt Total1.4M1.8M1.4M892K802.8K1.3M
Property Plant Equipment2.9M3.5M2.9M2.4M2.1M2.0M
Other Liab1.7M365K212K966K869.4K1.0M
Net Tangible Assets97.2M31.9M23.2M14.7M13.3M12.6M
Deferred Long Term Liab7.5M8.7M10.9M4.9M4.4M8.7M
Capital Lease Obligations1.8M2.3M1.9M1.5M3.3M3.5M
Net Invested Capital102.1M36.8M30.4M23.2M21.3M20.3M
Short Long Term Debt9.0M14.9M1.6M1.4M1.3M1.2M

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Additional Tools for Nova Stock Analysis

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