Nova Lifestyle I Stock Today

NVFY Stock  USD 0.61  0.01  1.67%   

Performance

0 of 100

 
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Odds Of Distress

Over 80

 
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High
Nova Lifestyle is trading at 0.61 as of the 25th of November 2024; that is 1.67 percent increase since the beginning of the trading day. The stock's open price was 0.6. Nova Lifestyle has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Nova Lifestyle I are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
17th of October 2011
Category
Consumer Cyclical
Classification
Consumer Discretionary
Nova LifeStyle, Inc., through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide. Nova LifeStyle, Inc. was founded in 2003 and is headquartered in Commerce, California. The company has 7.21 M outstanding shares of which 16.72 K shares are now shorted by private and institutional investors with about 1.18 trading days to cover. More on Nova Lifestyle I

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Nova Stock Highlights

Vice President - MarketingMark Chapman
Business ConcentrationHousehold Durables, Furnishings, Fixtures & Appliances, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Consumer Discretionary, Household Durables, Furnishings, Fixtures & Appliances, Consumer Cyclical (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.161.7773
Way Down
Pretty Stable
Total Current Liabilities5.8 M3.7 M
Way Up
Slightly volatile
Non Current Liabilities TotalM2.1 M
Notably Down
Slightly volatile
Total Assets5.9 M6.2 M
Notably Down
Pretty Stable
Total Current Assets3.6 M3.7 M
Notably Down
Pretty Stable
Debt Levels
Nova Lifestyle can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nova Lifestyle's financial leverage. It provides some insight into what part of Nova Lifestyle's total assets is financed by creditors.
Liquidity
Nova Lifestyle I currently holds 2.11 M in liabilities with Debt to Equity (D/E) ratio of 0.18, which may suggest the company is not taking enough advantage from borrowing. Nova Lifestyle I has a current ratio of 8.64, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Nova Lifestyle's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

2.65 Million
Nova Lifestyle I (NVFY) is traded on NASDAQ Exchange in USA. It is located in 6565 East Washington Boulevard, Commerce, CA, United States, 90040 and employs 27 people. Nova Lifestyle is listed under Household Durables category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.47 M. Nova Lifestyle I conducts business under Household Durables sector and is part of Consumer Discretionary industry. The entity has 7.21 M outstanding shares of which 16.72 K shares are now shorted by private and institutional investors with about 1.18 trading days to cover. Nova Lifestyle I currently holds about 4.68 M in cash with (1.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Nova Lifestyle Probability Of Bankruptcy
Ownership Allocation
Nova Lifestyle I holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares.
Check Nova Ownership Details

Nova Stock Institutional Holders

InstituionRecorded OnShares
Two Sigma Securities, Llc2024-06-30
12.9 K
Geode Capital Management, Llc2024-09-30
12.1 K
Tower Research Capital Llc2024-06-30
5.2 K
Blackrock Inc2024-06-30
4.9 K
Bank Of America Corp2024-06-30
8.0
Barclays Plc2024-06-30
7.0
Wells Fargo & Co2024-06-30
0.0
Ubs Group Ag2024-06-30
0.0
Hrt Financial Llc2024-06-30
0.0
View Nova Lifestyle Diagnostics

Nova Lifestyle Historical Income Statement

At this time, Nova Lifestyle's Interest Expense is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 6.1 M in 2024, whereas Total Revenue is likely to drop slightly above 10.5 M in 2024. View More Fundamentals

Nova Stock Against Markets

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.