Hovnanian Net Tangible Assets from 2010 to 2024

HOV Stock  USD 150.01  3.54  2.42%   
Hovnanian Enterprises Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of Hovnanian Enterprises minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-07-31
Previous Quarter
347.2 M
Current Value
446.4 M
Quarterly Volatility
345.9 M
 
Yuan Drop
 
Covid
Check Hovnanian Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hovnanian main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.8 B, Interest Expense of 78.8 M or Total Revenue of 2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 0.0122 or PTB Ratio of 0.8. Hovnanian financial statements analysis is a perfect complement when working with Hovnanian Enterprises Valuation or Volatility modules.
  
This module can also supplement various Hovnanian Enterprises Technical models . Check out the analysis of Hovnanian Enterprises Correlation against competitors.
For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.

Latest Hovnanian Enterprises' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Hovnanian Enterprises over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Hovnanian Enterprises' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hovnanian Enterprises' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Hovnanian Net Tangible Assets Regression Statistics

Arithmetic Mean(167,646,318)
Geometric Mean343,291,167
Coefficient Of Variation(254.37)
Mean Deviation349,930,509
Median(253,098,000)
Standard Deviation426,442,196
Sample Variance181852.9T
Range1.2B
R-Value0.70
Mean Square Error101211.2T
R-Squared0.48
Significance0
Slope66,283,897
Total Sum of Squares2545941.3T

Hovnanian Net Tangible Assets History

2024539.1 M
2023513.4 M
2022446.4 M
2021247.7 M
202039.6 M
2019-572.2 M
2018-625.8 M

About Hovnanian Enterprises Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hovnanian Enterprises income statement, its balance sheet, and the statement of cash flows. Hovnanian Enterprises investors use historical funamental indicators, such as Hovnanian Enterprises's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Hovnanian Enterprises investors may use each financial statement separately, they are all related. The changes in Hovnanian Enterprises's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hovnanian Enterprises's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hovnanian Enterprises Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hovnanian Enterprises. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets513.4 M539.1 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hovnanian Enterprises in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hovnanian Enterprises' short interest history, or implied volatility extrapolated from Hovnanian Enterprises options trading.

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When determining whether Hovnanian Enterprises is a strong investment it is important to analyze Hovnanian Enterprises' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hovnanian Enterprises' future performance. For an informed investment choice regarding Hovnanian Stock, refer to the following important reports:
Check out the analysis of Hovnanian Enterprises Correlation against competitors.
For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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Is Hovnanian Enterprises' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hovnanian Enterprises. If investors know Hovnanian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hovnanian Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.288
Earnings Share
27.53
Revenue Per Share
449.441
Quarterly Revenue Growth
0.153
Return On Assets
0.0721
The market value of Hovnanian Enterprises is measured differently than its book value, which is the value of Hovnanian that is recorded on the company's balance sheet. Investors also form their own opinion of Hovnanian Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Hovnanian Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hovnanian Enterprises' market value can be influenced by many factors that don't directly affect Hovnanian Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hovnanian Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hovnanian Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hovnanian Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.