Hovnanian Invested Capital Average vs Average Assets Analysis

HOV Stock  USD 158.68  5.62  3.67%   
Trend analysis of Hovnanian Enterprises balance sheet accounts such as Total Stockholder Equity of 549.7 M or Net Debt of 1 B provides information on Hovnanian Enterprises' total assets, liabilities, and equity, which is the actual value of Hovnanian Enterprises to its prevalent stockholders. By breaking down trends over time using Hovnanian Enterprises 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.
  
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.

About Hovnanian Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Hovnanian Enterprises at a specified time, usually calculated after every quarter, six months, or one year. Hovnanian Enterprises Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hovnanian Enterprises 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 Hovnanian currently owns. An asset can also be divided into two categories, current and non-current.

Hovnanian Enterprises Balance Sheet Chart

Hovnanian Enterprises Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Hovnanian Enterprises uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Hovnanian Enterprises' Long Term Debt Total is fairly stable compared to the past year.

Total Assets

Total assets refers to the total amount of Hovnanian Enterprises 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 Hovnanian Enterprises 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 Enterprise Value Multiple is likely to drop 3.72 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue2.9B2.8B3.2B2.0B
Interest Expense47.3M54.1M62.2M78.8M

Hovnanian Enterprises fundamental ratios Correlations

0.60.360.440.010.32-0.260.820.690.780.78-0.090.85-0.630.840.60.60.240.94-0.010.92-0.050.29-0.02-0.020.57
0.6-0.460.96-0.73-0.38-0.640.680.950.80.950.180.68-0.480.40.240.240.460.62-0.670.740.330.670.590.590.72
0.36-0.46-0.560.920.780.27-0.07-0.390.0-0.28-0.270.180.00.360.470.47-0.120.330.710.21-0.29-0.37-0.6-0.6-0.15
0.440.96-0.56-0.78-0.48-0.660.540.890.690.870.190.55-0.430.250.030.030.510.52-0.770.630.350.710.60.60.68
0.01-0.730.92-0.780.630.37-0.39-0.69-0.38-0.61-0.27-0.140.320.050.210.21-0.13-0.030.82-0.11-0.21-0.45-0.6-0.6-0.4
0.32-0.380.78-0.480.630.610.07-0.240.19-0.16-0.120.13-0.350.340.520.52-0.590.290.460.03-0.61-0.7-0.73-0.73-0.12
-0.26-0.640.27-0.660.370.61-0.24-0.49-0.38-0.490.1-0.41-0.09-0.18-0.09-0.09-0.75-0.330.41-0.59-0.56-0.9-0.65-0.65-0.5
0.820.68-0.070.54-0.390.07-0.240.820.750.85-0.090.65-0.790.810.370.370.040.76-0.250.71-0.20.30.10.10.48
0.690.95-0.390.89-0.69-0.24-0.490.820.820.980.010.63-0.660.590.250.250.310.72-0.630.750.070.530.40.40.75
0.780.80.00.69-0.380.19-0.380.750.820.860.090.77-0.680.610.670.670.090.8-0.480.78-0.050.290.220.220.69
0.780.95-0.280.87-0.61-0.16-0.490.850.980.860.090.76-0.660.620.340.340.330.78-0.540.820.140.550.380.380.74
-0.090.18-0.270.19-0.27-0.120.1-0.090.010.090.090.340.08-0.55-0.05-0.05-0.04-0.18-0.1-0.10.470.070.250.25-0.12
0.850.680.180.55-0.140.13-0.410.650.630.770.760.34-0.430.50.570.570.340.75-0.060.850.350.490.210.210.54
-0.63-0.480.0-0.430.32-0.35-0.09-0.79-0.66-0.68-0.660.08-0.43-0.68-0.22-0.220.28-0.690.38-0.450.540.050.260.26-0.44
0.840.40.360.250.050.34-0.180.810.590.610.62-0.550.5-0.680.480.480.070.830.020.73-0.390.14-0.2-0.20.49
0.60.240.470.030.210.52-0.090.370.250.670.34-0.050.57-0.220.481.0-0.140.520.120.53-0.1-0.12-0.05-0.050.39
0.60.240.470.030.210.52-0.090.370.250.670.34-0.050.57-0.220.481.0-0.140.520.120.53-0.1-0.12-0.05-0.050.39
0.240.46-0.120.51-0.13-0.59-0.750.040.310.090.33-0.040.340.280.07-0.14-0.140.24-0.150.530.680.790.570.570.34
0.940.620.330.52-0.030.29-0.330.760.720.80.78-0.180.75-0.690.830.520.520.24-0.190.92-0.150.3-0.08-0.080.68
-0.01-0.670.71-0.770.820.460.41-0.25-0.63-0.48-0.54-0.1-0.060.380.020.120.12-0.15-0.19-0.19-0.04-0.34-0.45-0.45-0.58
0.920.740.210.63-0.110.03-0.590.710.750.780.82-0.10.85-0.450.730.530.530.530.92-0.190.20.570.220.220.71
-0.050.33-0.290.35-0.21-0.61-0.56-0.20.07-0.050.140.470.350.54-0.39-0.1-0.10.68-0.15-0.040.20.720.690.690.09
0.290.67-0.370.71-0.45-0.7-0.90.30.530.290.550.070.490.050.14-0.12-0.120.790.3-0.340.570.720.660.660.42
-0.020.59-0.60.6-0.6-0.73-0.650.10.40.220.380.250.210.26-0.2-0.05-0.050.57-0.08-0.450.220.690.661.00.18
-0.020.59-0.60.6-0.6-0.73-0.650.10.40.220.380.250.210.26-0.2-0.05-0.050.57-0.08-0.450.220.690.661.00.18
0.570.72-0.150.68-0.4-0.12-0.50.480.750.690.74-0.120.54-0.440.490.390.390.340.68-0.580.710.090.420.180.18
Click cells to compare fundamentals

Hovnanian Enterprises Account Relationship Matchups

Hovnanian Enterprises fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.3B2.6B2.5B2.9B1.9B
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 Other140.6M202.8M156.0M238.6M214.7M122.2M
Common Stock Shares Outstanding6.6M6.4M6.7M6.2M7.2M3.8M
Liabilities And Stockholders Equity1.8B2.3B2.6B2.5B2.9B1.9B
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 Liabilities447.0M526.7M549.6M495.7M570.0M462.9M
Property Plant And Equipment Net18.2M18.7M25.8M33.9M30.6M45.1M
Accounts Payable359.3M426.4M440.0M415.5M477.8M266.4M
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 Debt(6.8M)9M3.2M8.5M7.6M7.3M
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
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
27.53
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.