Hovnanian Common Stock vs Short Long Term Debt Total Analysis

HOV Stock  USD 172.36  3.36  1.99%   
Hovnanian Enterprises financial indicator trend analysis is much more than just examining Hovnanian Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hovnanian Enterprises is a good investment. Please check the relationship between Hovnanian Enterprises Common Stock and its Short Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hovnanian Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.

Common Stock vs Short Long Term Debt Total

Common Stock vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hovnanian Enterprises Common Stock account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hovnanian Enterprises' Common Stock and Short Long Term Debt Total is 0.59. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Hovnanian Enterprises, assuming nothing else is changed. The correlation between historical values of Hovnanian Enterprises' Common Stock and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Hovnanian Enterprises are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock i.e., Hovnanian Enterprises' Common Stock and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Short Long Term Debt Total

Most indicators from Hovnanian Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hovnanian Enterprises current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hovnanian Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.At this time, Hovnanian Enterprises' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 47.3 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.06 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue2.9B2.8B3.2B2.0B
Interest Expense47.3M54.1M62.2M78.8M

Hovnanian Enterprises fundamental ratios Correlations

0.60.360.440.010.32-0.190.830.690.780.78-0.090.84-0.630.840.60.60.240.95-0.010.92-0.070.29-0.02-0.020.57
0.6-0.460.96-0.73-0.38-0.640.630.950.80.950.180.68-0.480.40.240.240.460.62-0.670.740.360.670.590.590.72
0.36-0.46-0.560.920.780.370.01-0.390.0-0.28-0.270.180.00.350.470.47-0.120.320.710.21-0.36-0.37-0.6-0.6-0.15
0.440.96-0.56-0.78-0.48-0.680.470.890.690.870.190.55-0.430.250.030.030.510.52-0.770.630.390.710.60.60.68
0.01-0.730.92-0.780.630.45-0.32-0.69-0.38-0.61-0.27-0.130.320.050.210.21-0.13-0.030.82-0.11-0.27-0.45-0.6-0.6-0.4
0.32-0.380.78-0.480.630.710.13-0.240.19-0.16-0.120.13-0.360.340.520.52-0.590.290.460.03-0.66-0.7-0.73-0.73-0.12
-0.19-0.640.37-0.680.450.71-0.16-0.49-0.31-0.480.08-0.36-0.09-0.130.030.03-0.76-0.260.42-0.52-0.6-0.93-0.69-0.69-0.46
0.830.630.010.47-0.320.13-0.160.780.740.81-0.10.64-0.780.830.410.410.010.77-0.190.7-0.220.240.050.050.45
0.690.95-0.390.89-0.69-0.24-0.490.780.810.980.010.63-0.660.590.250.250.310.72-0.630.750.110.530.40.40.75
0.780.80.00.69-0.380.19-0.310.740.810.860.090.77-0.680.610.670.670.090.8-0.480.78-0.050.290.220.220.69
0.780.95-0.280.87-0.61-0.16-0.480.810.980.860.090.76-0.660.620.340.340.330.78-0.530.820.160.550.380.380.74
-0.090.18-0.270.19-0.27-0.120.08-0.10.010.090.090.340.08-0.55-0.05-0.05-0.04-0.18-0.1-0.10.470.070.250.25-0.12
0.840.680.180.55-0.130.13-0.360.640.630.770.760.34-0.430.50.570.570.340.75-0.060.850.330.490.210.210.54
-0.63-0.480.0-0.430.32-0.36-0.09-0.78-0.66-0.68-0.660.08-0.43-0.68-0.22-0.220.28-0.690.38-0.450.510.050.260.26-0.44
0.840.40.350.250.050.34-0.130.830.590.610.62-0.550.5-0.680.480.480.070.830.020.73-0.410.14-0.2-0.20.49
0.60.240.470.030.210.520.030.410.250.670.34-0.050.57-0.220.481.0-0.140.520.120.53-0.15-0.12-0.05-0.050.39
0.60.240.470.030.210.520.030.410.250.670.34-0.050.57-0.220.481.0-0.140.520.120.53-0.15-0.12-0.05-0.050.39
0.240.46-0.120.51-0.13-0.59-0.760.010.310.090.33-0.040.340.280.07-0.14-0.140.24-0.150.530.680.790.570.570.34
0.950.620.320.52-0.030.29-0.260.770.720.80.78-0.180.75-0.690.830.520.520.24-0.190.92-0.150.3-0.08-0.080.68
-0.01-0.670.71-0.770.820.460.42-0.19-0.63-0.48-0.53-0.1-0.060.380.020.120.12-0.15-0.19-0.19-0.12-0.34-0.45-0.45-0.58
0.920.740.210.63-0.110.03-0.520.70.750.780.82-0.10.85-0.450.730.530.530.530.92-0.190.190.570.220.220.71
-0.070.36-0.360.39-0.27-0.66-0.6-0.220.11-0.050.160.470.330.51-0.41-0.15-0.150.68-0.15-0.120.190.730.70.70.12
0.290.67-0.370.71-0.45-0.7-0.930.240.530.290.550.070.490.050.14-0.12-0.120.790.3-0.340.570.730.660.660.42
-0.020.59-0.60.6-0.6-0.73-0.690.050.40.220.380.250.210.26-0.2-0.05-0.050.57-0.08-0.450.220.70.661.00.18
-0.020.59-0.60.6-0.6-0.73-0.690.050.40.220.380.250.210.26-0.2-0.05-0.050.57-0.08-0.450.220.70.661.00.18
0.570.72-0.150.68-0.4-0.12-0.460.450.750.690.74-0.120.54-0.440.490.390.390.340.68-0.580.710.120.420.180.18
Click cells to compare fundamentals

Hovnanian Enterprises Account Relationship Matchups

Hovnanian Enterprises fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.3B2.6B2.5B2.9B1.8B
Short Long Term Debt Total1.6B1.4B1.3B1.1B1.3B1.2B
Total Stockholder Equity(436.9M)174.9M383.0M581.7M523.6M549.7M
Net Debt1.3B1.1B965.2M708.9M815.2M1.0B
Retained Earnings(1.2B)(567.2M)(352.4M)(157.2M)(141.5M)(148.6M)
Non Current Assets Total262.0M708.1M601.5M673.2M774.2M812.9M
Non Currrent Assets Other140.6M202.8M156.0M238.6M274.3M167.2M
Common Stock Shares Outstanding6.6M6.4M6.7M6.7M7.7M3.8M
Liabilities And Stockholders Equity1.8B2.3B2.6B2.5B2.9B1.8B
Non Current Liabilities Total1.8B1.6B1.6B1.4B1.6B1.2B
Other Stockholder Equity602.8M606.8M600.1M603.6M694.1M728.8M
Total Liab2.3B2.1B2.2B1.9B2.2B1.6B
Other Current Liab39.4M23.0M32.4M20.3M23.3M22.2M
Total Current Liabilities447.0M526.7M549.6M495.7M570.0M465.9M
Property Plant And Equipment Net18.2M18.7M25.8M33.9M30.6M44.6M
Accounts Payable359.3M426.4M440.0M415.5M477.8M265.3M
Cash262.5M246.0M326.2M434.1M499.2M524.2M
Cash And Short Term Investments262.5M246.0M326.2M434.1M499.2M524.2M
Net Receivables33.7M39.9M37.8M28.0M32.2M30.6M
Inventory1.2B1.3B1.5B1.3B1.6B1.3B
Property Plant And Equipment Gross38.2M85.1M77.7M89.0M80.1M49.8M
Total Current Assets1.6B1.6B2.0B1.8B2.1B1.7B
Short Term Debt6.8M9M3.2M8.5M7.6M7.3M
Other Current Assets73.4M72.3M77.3M8.4M9.7M9.2M
Other Liab289.9M131.1M276.5M175.7M202.0M270.5M
Other Assets29.0M2.6B344.8M302.8M348.3M282.8M
Long Term Debt1.6B1.4B1.3B1.1B1.0B865.5M
Property Plant Equipment38.2M18.7M25.8M59.7M53.7M42.4M
Current Deferred Revenue48.3M68.3M74.0M51.4M59.1M48.3M
Net Tangible Assets(572.2M)39.6M247.7M446.4M513.4M539.1M
Retained Earnings Total Equity(1.2B)(1.2B)(567.2M)(352.4M)(317.2M)(333.0M)
Long Term Debt Total203.6M1.6B1.4B1.3B1.5B1.6B
Capital Surpluse715.5M718.1M722.1M727.7M836.8M769.8M
Deferred Long Term Liab31.2M34.1M28.5M25.9M29.8M25.8M

Hovnanian Enterprises Investors Sentiment

The influence of Hovnanian Enterprises' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hovnanian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hovnanian Enterprises' public news can be used to forecast risks associated with an investment in Hovnanian. The trend in average sentiment can be used to explain how an investor holding Hovnanian can time the market purely based on public headlines and social activities around Hovnanian Enterprises. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hovnanian Enterprises' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hovnanian Enterprises' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hovnanian Enterprises' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hovnanian Enterprises.
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hovnanian Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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
27.52
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.