Nova Historical Balance Sheet

NLH Stock  CAD 0.25  0.00  0.00%   
Trend analysis of Nova Leap Health balance sheet accounts such as Net Tangible Assets of 1.9 M provides information on Nova Leap's total assets, liabilities, and equity, which is the actual value of Nova Leap Health to its prevalent stockholders. By breaking down trends over time using Nova Leap balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Nova Leap Health latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nova Leap Health is a good buy for the upcoming year.

Nova Leap Inventory

336,565

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nova Leap Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Nova Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Nova Leap Health at a specified time, usually calculated after every quarter, six months, or one year. Nova Leap Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nova Leap and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Nova currently owns. An asset can also be divided into two categories, current and non-current.

Nova Leap Balance Sheet Chart

At this time, Nova Leap's Property Plant And Equipment Net is fairly stable compared to the past year. Property Plant Equipment is likely to climb to about 1.8 M in 2024, whereas Retained Earnings are likely to drop (1.1 M) in 2024.

Total Assets

Total assets refers to the total amount of Nova Leap assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nova Leap Health books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Nova Leap balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nova Leap Health are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Nova Leap obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nova Leap Health are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Nova Leap's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Nova Leap Health current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Leap Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Nova Leap's Property Plant And Equipment Net is fairly stable compared to the past year. Property Plant Equipment is likely to climb to about 1.8 M in 2024, whereas Retained Earnings are likely to drop (1.1 M) in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities6.2M4.0M4.6M3.5M
Total Assets26.8M23.9M27.5M28.9M

Nova Leap balance sheet Correlations

0.880.990.24-0.370.930.790.250.911.00.690.870.820.920.850.90.990.88-0.110.880.950.780.90.810.950.73
0.880.8-0.2-0.620.950.870.490.930.870.680.980.990.970.990.950.820.98-0.060.990.90.890.650.880.940.78
0.990.80.39-0.250.880.690.110.880.990.670.790.730.860.760.841.00.79-0.110.790.930.720.920.720.910.64
0.24-0.20.390.650.02-0.26-0.690.080.260.05-0.24-0.31-0.05-0.26-0.050.35-0.24-0.08-0.240.17-0.180.47-0.240.06-0.26
-0.37-0.62-0.250.65-0.5-0.63-0.71-0.32-0.37-0.5-0.64-0.67-0.47-0.65-0.39-0.32-0.66-0.08-0.66-0.37-0.68-0.21-0.64-0.51-0.63
0.930.950.880.02-0.50.850.370.950.920.670.940.910.970.930.930.890.93-0.180.940.980.860.770.850.990.74
0.790.870.69-0.26-0.630.850.750.750.760.530.950.850.90.860.870.710.95-0.250.890.80.770.711.00.860.95
0.250.490.11-0.69-0.710.370.750.270.210.290.620.50.480.490.460.130.62-0.050.540.280.480.180.730.40.83
0.910.930.880.08-0.320.950.750.270.90.650.90.870.960.890.960.870.88-0.080.90.960.80.70.760.940.68
1.00.870.990.26-0.370.920.760.210.90.70.860.810.910.840.880.990.86-0.10.870.950.780.90.790.950.7
0.690.680.670.05-0.50.670.530.290.650.70.650.60.650.620.640.690.620.540.640.720.90.610.560.730.58
0.870.980.79-0.24-0.640.940.950.620.90.860.650.960.970.970.950.81.0-0.130.990.890.870.680.950.940.89
0.820.990.73-0.31-0.670.910.850.50.870.810.60.960.921.00.910.760.96-0.090.980.830.850.560.860.880.74
0.920.970.86-0.05-0.470.970.90.480.960.910.650.970.920.940.990.860.96-0.160.960.960.840.750.910.970.83
0.850.990.76-0.26-0.650.930.860.490.890.840.620.971.00.940.920.790.97-0.10.990.870.860.60.870.90.75
0.90.950.84-0.05-0.390.930.870.460.960.880.640.950.910.990.920.830.93-0.090.930.930.820.710.880.930.8
0.990.821.00.35-0.320.890.710.130.870.990.690.80.760.860.790.830.8-0.10.810.930.740.920.730.920.65
0.880.980.79-0.24-0.660.930.950.620.880.860.621.00.960.960.970.930.8-0.150.990.880.850.680.950.930.88
-0.11-0.06-0.11-0.08-0.08-0.18-0.25-0.05-0.08-0.10.54-0.13-0.09-0.16-0.1-0.09-0.1-0.15-0.11-0.120.27-0.18-0.23-0.13-0.1
0.880.990.79-0.24-0.660.940.890.540.90.870.640.990.980.960.990.930.810.99-0.110.880.860.640.90.920.82
0.950.90.930.17-0.370.980.80.280.960.950.720.890.830.960.870.930.930.88-0.120.880.840.830.810.990.72
0.780.890.72-0.18-0.680.860.770.480.80.780.90.870.850.840.860.820.740.850.270.860.840.630.780.880.73
0.90.650.920.47-0.210.770.710.180.70.90.610.680.560.750.60.710.920.68-0.180.640.830.630.730.830.67
0.810.880.72-0.24-0.640.851.00.730.760.790.560.950.860.910.870.880.730.95-0.230.90.810.780.730.870.95
0.950.940.910.06-0.510.990.860.40.940.950.730.940.880.970.90.930.920.93-0.130.920.990.880.830.870.79
0.730.780.64-0.26-0.630.740.950.830.680.70.580.890.740.830.750.80.650.88-0.10.820.720.730.670.950.79
Click cells to compare fundamentals

Nova Leap Account Relationship Matchups

Nova Leap balance sheet Accounts

201920202021202220232024 (projected)
Total Assets14.1M17.5M26.8M23.9M27.5M28.9M
Total Current Liabilities4.7M4.2M6.2M4.0M4.6M3.5M
Total Stockholder Equity7.1M9.8M18.5M18.7M21.5M22.6M
Net Tangible Assets(3.2M)(1.7M)(304.1K)1.6M1.8M1.9M
Retained Earnings(3.4M)(2.1M)(357.0K)(1.2M)(1.1M)(1.1M)
Accounts Payable941.8K946.1K1.3M1.2M1.4M762.4K
Cash1.6M2.8M1.7M1.3M1.5M1.3M
Long Term Debt2.0M2.8M896.1K117.5K135.1K128.4K
Net Receivables1.7M1.4M3.9M2.4M2.8M1.5M
Good Will9.4M10.2M16.7M16.0M18.4M19.4M
Other Stockholder Equity1.6M1.6M1.8M2.1M2.5M1.6M
Total Liab7.0M7.7M8.3M5.3M6.1M4.9M
Short Long Term Debt3.5M2.7M4.0M2.4M2.7M2.4M
Total Current Assets3.5M4.3M6.0M4.0M4.6M3.0M
Short Term Debt3.6M2.9M4.3M2.7M3.1M2.5M
Intangible Assets811.3K1.3M2.1M1.1M1.3M909.5K
Common Stock9.0M10.3M17.1M19.0M21.8M22.9M
Short Long Term Debt Total5.7M6.0M6.2M4.0M4.6M4.3M
Other Current Liab93.6K19.3K127.7K57.5K51.8K103.3K
Net Debt4.1M3.2M4.5M2.7M3.1M2.9M
Non Current Assets Total10.6M13.2M20.8M20.0M23.0M12.1M
Other Assets134.3K1.3M729.1K1.3M1.5M1.6M
Cash And Short Term Investments1.6M2.8M1.7M1.3M1.5M1.4M
Common Stock Shares Outstanding48.5M60.9M66.4M77.7M89.3M57.0M
Liabilities And Stockholders Equity14.1M17.5M26.8M23.9M27.5M15.4M
Non Current Liabilities Total2.3M3.5M2.1M1.3M1.5M1.7M
Accumulated Other Comprehensive Income(120.5K)92.3K(80.6K)(1.2M)(1.1M)(1.0M)
Property Plant And Equipment Net271.3K395.3K1.3M1.5M1.7M1.8M
Net Invested Capital12.6M15.4M23.4M21.2M24.3M15.8M
Net Working Capital(1.3M)159.9K(264.5K)(10.4K)(11.9K)(12.5K)
Property Plant Equipment271.3K395.3K1.3M1.5M1.7M1.8M
Capital Stock9.0M10.3M17.1M19.0M21.8M14.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Nova Stock Analysis

When running Nova Leap's price analysis, check to measure Nova Leap'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 Leap is operating at the current time. Most of Nova Leap's value examination focuses on studying past and present price action to predict the probability of Nova Leap'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 Leap's price. Additionally, you may evaluate how the addition of Nova Leap to your portfolios can decrease your overall portfolio volatility.