Nova Price To Sales Ratio vs Roic Analysis

NVFY Stock

USD 0.61 0.05 8.93%

Nova Lifestyle financial indicator trend analysis is infinitely more than just investigating Nova Lifestyle I recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nova Lifestyle I is a good investment. Please check the relationship between Nova Lifestyle Price To Sales Ratio and its Roic accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nova Lifestyle I. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Price To Sales Ratio vs Roic

Price To Sales Ratio vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nova Lifestyle I Price To Sales Ratio account and Roic. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Nova Lifestyle's Price To Sales Ratio and Roic is 0.45. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Roic in the same time period over historical financial statements of Nova Lifestyle I, assuming nothing else is changed. The correlation between historical values of Nova Lifestyle's Price To Sales Ratio and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Nova Lifestyle I are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Price To Sales Ratio i.e., Nova Lifestyle's Price To Sales Ratio and Roic go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Nova Lifestyle I stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nova Lifestyle sales, a figure that is much harder to manipulate than other Nova Lifestyle I multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from Nova Lifestyle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nova Lifestyle I current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nova Lifestyle I. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

At this time, Nova Lifestyle's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 186.1 K in 2025, whereas Discontinued Operations is likely to drop (24.3 K) in 2025.

	2022	2023	2024	2025 (projected)
Other Operating Expenses	29.0M	17.5M	15.8M	15.0M
Depreciation And Amortization	571.8K	803.8K	723.4K	727.8K

Other Operating Expenses Depreciation And Amortization

Nova Lifestyle fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Net Debt	Non Current Assets Total	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Property Plant And Equipment Gross	Intangible Assets	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Non Currrent Assets Other	Other Assets
Total Assets		0.61	0.97	0.95	0.91	0.59	0.29	0.69	0.97	0.85	0.48	0.39	0.47	0.83	0.82	-0.28	0.58	0.18	0.03	0.21	0.76	0.59	0.22	-0.26	0.08	0.47
Total Current Liabilities	0.61		0.43	0.38	0.51	0.9	-0.32	0.93	0.44	0.65	0.81	0.78	0.8	0.66	0.68	-0.38	0.42	-0.36	-0.25	0.65	0.73	0.7	0.65	-0.01	0.56	0.54
Total Stockholder Equity	0.97	0.43		0.99	0.9	0.4	0.41	0.51	1.0	0.79	0.33	0.22	0.28	0.77	0.75	-0.21	0.46	0.31	0.11	0.01	0.64	0.44	0.03	-0.27	-0.04	0.36
Net Tangible Assets	0.95	0.38	0.99		0.86	0.33	0.43	0.44	0.99	0.74	0.3	0.17	0.18	0.74	0.72	-0.13	0.37	0.35	0.18	-0.08	0.56	0.35	-0.07	-0.26	-0.08	0.33
Retained Earnings	0.91	0.51	0.9	0.86		0.55	0.28	0.56	0.88	0.81	0.42	0.25	0.5	0.78	0.75	-0.58	0.52	0.14	-0.32	0.28	0.68	0.68	0.3	-0.41	0.21	0.38
Accounts Payable	0.59	0.9	0.4	0.33	0.55		-0.23	0.94	0.39	0.65	0.77	0.65	0.92	0.59	0.64	-0.54	0.66	-0.32	-0.42	0.83	0.73	0.87	0.83	-0.25	0.55	0.58
Cash	0.29	-0.32	0.41	0.43	0.28	-0.23		-0.21	0.38	0.0	-0.47	-0.68	-0.23	-0.15	-0.09	0.02	0.08	0.87	0.24	-0.23	-0.2	-0.17	-0.23	-0.01	-0.12	-0.23
Total Liab	0.69	0.93	0.51	0.44	0.56	0.94	-0.21		0.51	0.71	0.78	0.76	0.88	0.68	0.72	-0.39	0.71	-0.29	-0.23	0.72	0.85	0.82	0.72	-0.16	0.43	0.62
Total Current Assets	0.97	0.44	1.0	0.99	0.88	0.39	0.38	0.51		0.8	0.34	0.25	0.25	0.8	0.77	-0.18	0.43	0.28	0.14	-0.02	0.64	0.42	0.0	-0.25	-0.06	0.37
Common Stock	0.85	0.65	0.79	0.74	0.81	0.65	0.0	0.71	0.8		0.5	0.54	0.5	0.95	0.98	-0.38	0.54	-0.25	-0.13	0.22	0.8	0.65	0.23	-0.2	0.19	0.42
Other Current Liab	0.48	0.81	0.33	0.3	0.42	0.77	-0.47	0.78	0.34	0.5		0.7	0.69	0.57	0.57	-0.26	0.42	-0.46	-0.25	0.56	0.65	0.69	0.57	-0.31	0.43	0.42
Net Debt	0.39	0.78	0.22	0.17	0.25	0.65	-0.68	0.76	0.25	0.54	0.7		0.64	0.63	0.6	-0.11	0.42	-0.65	-0.09	0.47	0.76	0.54	0.46	0.07	0.23	0.59
Non Current Assets Total	0.47	0.8	0.28	0.18	0.5	0.92	-0.23	0.88	0.25	0.5	0.69	0.64		0.46	0.48	-0.61	0.75	-0.32	-0.56	0.94	0.75	0.92	0.94	-0.23	0.58	0.54
Net Receivables	0.83	0.66	0.77	0.74	0.78	0.59	-0.15	0.68	0.8	0.95	0.57	0.63	0.46		0.96	-0.31	0.48	-0.31	-0.11	0.16	0.82	0.64	0.18	-0.22	0.1	0.49
Common Stock Total Equity	0.82	0.68	0.75	0.72	0.75	0.64	-0.09	0.72	0.77	0.98	0.57	0.6	0.48	0.96		-0.31	0.51	-0.33	-0.09	0.19	0.8	0.62	0.2	-0.17	0.17	0.43
Common Stock Shares Outstanding	-0.28	-0.38	-0.21	-0.13	-0.58	-0.54	0.02	-0.39	-0.18	-0.38	-0.26	-0.11	-0.61	-0.31	-0.31		-0.35	0.17	0.92	-0.61	-0.36	-0.68	-0.63	0.41	-0.51	-0.2
Non Current Liabilities Total	0.58	0.42	0.46	0.37	0.52	0.66	0.08	0.71	0.43	0.54	0.42	0.42	0.75	0.48	0.51	-0.35		-0.07	-0.21	0.63	0.76	0.8	0.63	-0.42	0.08	0.56
Inventory	0.18	-0.36	0.31	0.35	0.14	-0.32	0.87	-0.29	0.28	-0.25	-0.46	-0.65	-0.32	-0.31	-0.33	0.17	-0.07		0.34	-0.27	-0.3	-0.31	-0.26	-0.02	-0.26	-0.13
Other Stockholder Equity	0.03	-0.25	0.11	0.18	-0.32	-0.42	0.24	-0.23	0.14	-0.13	-0.25	-0.09	-0.56	-0.11	-0.09	0.92	-0.21	0.34		-0.63	-0.18	-0.6	-0.66	0.38	-0.58	-0.09
Property Plant And Equipment Gross	0.21	0.65	0.01	-0.08	0.28	0.83	-0.23	0.72	-0.02	0.22	0.56	0.47	0.94	0.16	0.19	-0.61	0.63	-0.27	-0.63		0.49	0.81	1.0	-0.24	0.66	0.46
Intangible Assets	0.76	0.73	0.64	0.56	0.68	0.73	-0.2	0.85	0.64	0.8	0.65	0.76	0.75	0.82	0.8	-0.36	0.76	-0.3	-0.18	0.49		0.79	0.5	-0.16	0.07	0.56
Other Liab	0.59	0.7	0.44	0.35	0.68	0.87	-0.17	0.82	0.42	0.65	0.69	0.54	0.92	0.64	0.62	-0.68	0.8	-0.31	-0.6	0.81	0.79		0.82	-0.47	0.48	0.55
Property Plant And Equipment Net	0.22	0.65	0.03	-0.07	0.3	0.83	-0.23	0.72	0.0	0.23	0.57	0.46	0.94	0.18	0.2	-0.63	0.63	-0.26	-0.66	1.0	0.5	0.82		-0.25	0.66	0.46
Current Deferred Revenue	-0.26	-0.01	-0.27	-0.26	-0.41	-0.25	-0.01	-0.16	-0.25	-0.2	-0.31	0.07	-0.23	-0.22	-0.17	0.41	-0.42	-0.02	0.38	-0.24	-0.16	-0.47	-0.25		-0.04	-0.07
Non Currrent Assets Other	0.08	0.56	-0.04	-0.08	0.21	0.55	-0.12	0.43	-0.06	0.19	0.43	0.23	0.58	0.1	0.17	-0.51	0.08	-0.26	-0.58	0.66	0.07	0.48	0.66	-0.04		0.12
Other Assets	0.47	0.54	0.36	0.33	0.38	0.58	-0.23	0.62	0.37	0.42	0.42	0.59	0.54	0.49	0.43	-0.2	0.56	-0.13	-0.09	0.46	0.56	0.55	0.46	-0.07	0.12

Click cells to compare fundamentals

Nova Lifestyle Account Relationship Matchups

Nova Lifestyle fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	46.5M	29.5M	11.5M	6.2M	7.2M	6.8M
Total Current Liabilities	2.0M	1.8M	1.6M	3.7M	3.3M	5.8M
Total Stockholder Equity	40.9M	23.4M	6.6M	496.4K	570.8K	542.3K
Net Tangible Assets	65.8M	40.7M	23.2M	6.4M	7.3M	7.0M
Retained Earnings	351.4K	(19.6M)	(36.7M)	(44.4M)	(40.0M)	(38.0M)
Accounts Payable	743.8K	358.4K	321.3K	430.0K	387.0K	367.7K
Cash	8.7M	6.3M	1.4M	369.1K	424.5K	403.3K
Total Liab	5.6M	6.1M	4.9M	5.7M	5.2M	9.7M
Total Current Assets	43.3M	25.6M	8.2M	3.7M	4.3M	4.1M
Common Stock	5.8K	6.8K	7.2K	1.9K	1.7K	1.6K
Other Current Liab	(741.7K)	(2.4M)	(322.2K)	1.1M	990.6K	701.2K
Net Debt	(6.2M)	(2.8M)	1.5M	1.7M	1.6M	1.1M
Non Current Assets Total	3.2M	4.0M	3.3M	2.5M	2.2M	2.1M
Net Receivables	1.1M	402.4K	367.7K	88.3K	79.4K	75.5K
Common Stock Shares Outstanding	1.1M	1.2M	1.4M	1.6M	1.8M	1.1M
Liabilities And Stockholders Equity	46.5M	29.5M	11.5M	6.2M	5.6M	5.3M
Non Current Liabilities Total	3.5M	4.3M	3.3M	2.1M	1.8M	1.8M
Inventory	32.8M	17.7M	4.9M	2.3M	2.7M	2.5M
Other Stockholder Equity	39.8M	42.7M	43.2M	44.4M	51.1M	34.1M
Property Plant And Equipment Gross	2.8M	4.2M	3.4M	2.6M	2.3M	2.2M
Accumulated Other Comprehensive Income	804.5K	381.9K	77.2K	521.4K	469.3K	851.4K
Other Liab	1.8M	1.6M	1.5M	1.2M	1.0M	989.8K
Property Plant And Equipment Net	2.8M	3.7M	3.1M	2.2M	2.0M	1.9M
Current Deferred Revenue	266.2K	394.4K	170.1K	306.5K	352.5K	206.9K
Other Assets	191.8K	72.7K	71.1K	1.0	0.9	0.86
Cash And Short Term Investments	8.7M	6.3M	1.4M	369.1K	424.5K	403.3K
Other Current Assets	599.5K	16.3M	1.5M	984.9K	1.1M	1.1M
Property Plant Equipment	136.5K	2.8M	3.7M	3.0M	2.7M	4.2M
Short Long Term Debt Total	2.6M	3.5M	2.9M	2.1M	1.9M	1.8M
Short Term Debt	1.4M	1.5M	1.5M	702.0K	631.8K	600.2K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

CRM	Salesforce
C	Citigroup
GM	General Motors

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Nova Price To Sales Ratio vs Roic Analysis

Price To Sales Ratio vs Roic

Price To Sales Ratio vs Roic Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Roic

Nova Lifestyle fundamental ratios Correlations

Nova Lifestyle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nova Lifestyle fundamental ratios Accounts

Also Currently Popular

Additional Tools for Nova Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Net	+ 1.0	Property Plant And Equipment Gross
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Net Tangible Assets
Common Stock Total Equity	+ 0.98	Common Stock
Total Stockholder Equity	+ 0.97	Total Assets

Other Liab	- 0.68	Common Stock Shares Outstanding
Net Debt	- 0.68	Cash
Property Plant And Equipment Net	- 0.66	Other Stockholder Equity
Inventory	- 0.65	Net Debt
Property Plant And Equipment Gross	- 0.63	Other Stockholder Equity
Property Plant And Equipment Net	- 0.63	Common Stock Shares Outstanding