Balance Sheet Data
Nova LifeStyle, Inc. (NVFY)
$2.09
-0.27 (-11.44%)
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Total Cash | 5.72 | 0.89 | 7.42 | 8.74 | 6.28 | 2.90 | 1.98 | 1.35 | 0.92 | 0.63 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 54.04 | 67.47 | 0.42 | 1.14 | 0.22 | 2.45 | 1.67 | 1.14 | 0.78 | 0.53 |
| Account Receivables (%) | ||||||||||
| Inventories | 6.37 | 6.37 | 29.72 | 32.81 | 17.66 | 10.05 | 6.85 | 4.66 | 3.18 | 2.17 |
| Inventories (%) | ||||||||||
| Accounts Payable | 1.63 | 4.15 | 0.42 | 0.74 | 0.36 | 0.30 | 0.21 | 0.14 | 0.10 | 0.07 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -0.03 | -0.03 | -0.03 | -0.37 | -0.15 | -0.08 | -0.05 | -0.04 | -0.03 | -0.02 |
| Capital Expenditure (%) |
To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows)
and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.