Nova Lifestyle, Inc. financial data

Symbol
NVFY on Nasdaq
Industry
Household Furniture
Location
6565 E. Washington Blvd., Commerce, CA
State of incorporation
NV
Fiscal year end
December 31
Former names
Stevens Resources, Inc. (to 5/11/2011)
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 88 % -69.6%
Quick Ratio 56.5 % -65.8%
Debt-to-equity -54.9 % -160%
Return On Equity 85.1 %
Return On Assets -157 % -32.6%
Operating Margin -127 % -314%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.21M shares +341%
Common Stock, Shares, Outstanding 3.77M shares +142%
Entity Public Float 2.34M USD -31.6%
Common Stock, Value, Issued 3.77K USD +142%
Weighted Average Number of Shares Outstanding, Basic 3.45M shares +123%
Weighted Average Number of Shares Outstanding, Diluted 3.45M shares +123%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 12.7M USD +1.5%
Revenue from Contract with Customer, Excluding Assessed Tax 9.96M USD -10%
Cost of Revenue 5.56M USD -62.4%
Research and Development Expense 751K USD
General and Administrative Expense 5.58M USD +10.5%
Operating Income (Loss) -8.2M USD +27.9%
Nonoperating Income (Expense) -381K USD -18%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -8.58M USD +26.6%
Income Tax Expense (Benefit) 211K USD +43.2%
Net Income (Loss) Attributable to Parent -9.17M USD +22.6%
Earnings Per Share, Basic -4.5 USD/shares +49.3%
Earnings Per Share, Diluted -4.5 USD/shares +13.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 162K USD -78.3%
Accounts Receivable, after Allowance for Credit Loss, Current 127K USD +85.1%
Inventory, Net 2.44M USD +28.4%
Assets, Current 3.12M USD -14.2%
Property, Plant and Equipment, Net 270K USD -9.12%
Operating Lease, Right-of-Use Asset 1.37M USD -34.2%
Intangible Assets, Net (Excluding Goodwill) 4.45M USD +101%
Goodwill 219K USD 0%
Assets 5.06M USD -40.6%
Accounts Payable, Current 461K USD -5.64%
Liabilities, Current 4.4M USD +87.2%
Accrued Income Taxes, Noncurrent 643K USD 0%
Operating Lease, Liability, Noncurrent 764K USD -46.5%
Liabilities 5.95M USD +30.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax 375K USD +117%
Retained Earnings (Accumulated Deficit) -48.9M USD -23.1%
Stockholders' Equity Attributable to Parent -896K USD -123%
Liabilities and Equity 5.06M USD -40.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -222K USD +69.7%
Net Cash Provided by (Used in) Financing Activities 200K USD
Common Stock, Shares Authorized 250M shares 0%
Common Stock, Shares, Issued 3.77M shares +142%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -96K USD +86.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 5.19K USD +166%
Deferred Tax Assets, Valuation Allowance 5.15M USD -57.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 5.15M USD -57.7%
Operating Lease, Liability 1.43M USD -33.2%
Depreciation 55.2K USD -1.09%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -8.96M USD +19%
Lessee, Operating Lease, Liability, to be Paid 1.48M USD -34.3%
Property, Plant and Equipment, Gross 679K USD +5.43%
Operating Lease, Liability, Current 665K USD -6.42%
Lessee, Operating Lease, Liability, to be Paid, Year Two 599K USD -14.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 701K USD -6.96%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 48.2K USD -55.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 599K USD -14.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 701K USD +314%
Additional Paid in Capital 43.2M USD +1.34%
Amortization of Intangible Assets -22.5K USD -168%
Depreciation, Depletion and Amortization 21.9K USD +23.1%
Interest Expense 3.07K USD +28.6%