Asset Turnover (Annual)

Asset Turnover: The amount of sales or revenues generated per dollar of assets. The Asset Turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Calculated as: Total Revenues / Total Assets

Nova Lifestyle, Inc (NVFY) had Asset Turnover of 0.98 for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$9.69M
Net Income	$-5.56M
Cost of Goods Sold	$5.44M
Gross Profit	$4.25M
Operating Expenses	$15.05M
Operating Income	$-5.36M
Non-Operating Income/Expense	$-0.20M
Pre-Tax Income	$-5.56M
Normalized Pre-Tax Income	$-5.56M
Income after Taxes	$-5.56M
Income from Continuous Operations	$-5.56M
Consolidated Net Income/Loss	$-5.56M
Normalized Income after Taxes	$-5.56M
EBIT	$-5.36M
EBITDA	$-4.85M
Weighted-Average Shares Outstanding (Basic)	3.77M
Weighted-Average Shares Outstanding (Diluted)	3.77M
Earnings per Share (EPS) (Basic)	$-1.48
Earnings per Share (EPS) (Diluted)	$-1.48
Balance Sheet Financials
Current Assets	$7.93M
Property, Plant, and Equipment	$0.25M
Long-Term Assets	$1.99M
Total Assets	$9.92M
Current Liabilities	$5.83M
Long-Term Debt	$0.24M
Long-Term Liabilities	$0.97M
Total Liabilities	$6.79M
Common Equity	$3.12M
Tangible Shareholders Equity	$2.90M
Shareholders Equity	$3.12M
Common Shares Outstanding	7.30M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-1.39M
Cash Flow from Investing Activities	$-0.01M
Cash Flow from Financial Activities	$1.18M
Beginning Cash	$0.37M
End Cash	$0.16M
Increase/Decrease in Cash	$-0.21M
Stock-Based Compensation	$0.76M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.36
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.07
Debt to Equity Ratio	0.09
Gross Margin	43.87%
Operating Margin	-55.37%
EBIT Margin	-55.37%
EBITDA Margin	-50.10%
Pre-Tax Profit Margin	-57.39%
Profit Margin	-57.41%
Free Cash Flow	$-1.41M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.98
Inventory Turnover	1.93
Receiveable Turnover	180.10
Days Sales in Receivables	2.03
Return on Equity	-178.06%
Return on Tangible Equity	-191.66%
Return on Assets	-56.08%
Return on Investments	-165.44%
Book Value Per Share	$0.43
Free Cash Flow per Share	$-0.37
Operating Cash Flow per Share	$-0.37

Data from Zacks Investment Research, Inc.