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.
Hovnanian |
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. Add Fundamental
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 Revenue | 2.9B | 2.8B | 3.2B | 2.0B | Interest Expense | 47.3M | 54.1M | 62.2M | 78.8M |
Hovnanian Enterprises fundamental ratios Correlations
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Hovnanian Enterprises Account Relationship Matchups
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Hovnanian Enterprises fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8B | 2.3B | 2.6B | 2.5B | 2.9B | 1.9B | |
Short Long Term Debt Total | 1.6B | 1.4B | 1.3B | 1.1B | 1.3B | 1.2B | |
Total Stockholder Equity | (436.9M) | 174.9M | 383.0M | 581.7M | 523.6M | 549.7M | |
Net Debt | 1.3B | 1.1B | 965.2M | 708.9M | 815.2M | 1.0B | |
Retained Earnings | (1.2B) | (567.2M) | (352.4M) | (157.2M) | (141.5M) | (148.6M) | |
Non Current Assets Total | 262.0M | 708.1M | 601.5M | 673.2M | 774.2M | 812.9M | |
Non Currrent Assets Other | 140.6M | 202.8M | 156.0M | 238.6M | 214.7M | 122.2M | |
Common Stock Shares Outstanding | 6.6M | 6.4M | 6.7M | 6.2M | 7.2M | 3.8M | |
Liabilities And Stockholders Equity | 1.8B | 2.3B | 2.6B | 2.5B | 2.9B | 1.9B | |
Non Current Liabilities Total | 1.8B | 1.6B | 1.6B | 1.4B | 1.6B | 1.2B | |
Other Stockholder Equity | 602.8M | 606.8M | 600.1M | 603.6M | 694.1M | 728.8M | |
Total Liab | 2.3B | 2.1B | 2.2B | 1.9B | 2.2B | 1.6B | |
Other Current Liab | 39.4M | 23.0M | 32.4M | 20.3M | 23.3M | 22.2M | |
Total Current Liabilities | 447.0M | 526.7M | 549.6M | 495.7M | 570.0M | 462.9M | |
Property Plant And Equipment Net | 18.2M | 18.7M | 25.8M | 33.9M | 30.6M | 45.1M | |
Accounts Payable | 359.3M | 426.4M | 440.0M | 415.5M | 477.8M | 266.4M | |
Cash | 262.5M | 246.0M | 326.2M | 434.1M | 499.2M | 524.2M | |
Cash And Short Term Investments | 262.5M | 246.0M | 326.2M | 434.1M | 499.2M | 524.2M | |
Net Receivables | 33.7M | 39.9M | 37.8M | 28.0M | 32.2M | 30.6M | |
Inventory | 1.2B | 1.3B | 1.5B | 1.3B | 1.6B | 1.3B | |
Property Plant And Equipment Gross | 38.2M | 85.1M | 77.7M | 89.0M | 80.1M | 49.8M | |
Total Current Assets | 1.6B | 1.6B | 2.0B | 1.8B | 2.1B | 1.7B | |
Short Term Debt | (6.8M) | 9M | 3.2M | 8.5M | 7.6M | 7.3M | |
Other Current Assets | 73.4M | 72.3M | 77.3M | 8.4M | 9.7M | 9.2M | |
Other Liab | 289.9M | 131.1M | 276.5M | 175.7M | 202.0M | 270.5M | |
Other Assets | 29.0M | 2.6B | 344.8M | 302.8M | 348.3M | 282.8M | |
Long Term Debt | 1.6B | 1.4B | 1.3B | 1.1B | 1.0B | 865.5M | |
Property Plant Equipment | 38.2M | 18.7M | 25.8M | 59.7M | 53.7M | 42.4M | |
Current Deferred Revenue | 48.3M | 68.3M | 74.0M | 51.4M | 59.1M | 48.3M | |
Net Tangible Assets | (572.2M) | 39.6M | 247.7M | 446.4M | 513.4M | 539.1M | |
Retained Earnings Total Equity | (1.2B) | (1.2B) | (567.2M) | (352.4M) | (317.2M) | (333.0M) | |
Long Term Debt Total | 203.6M | 1.6B | 1.4B | 1.3B | 1.5B | 1.6B | |
Capital Surpluse | 715.5M | 718.1M | 722.1M | 727.7M | 836.8M | 769.8M | |
Deferred Long Term Liab | 31.2M | 34.1M | 28.5M | 25.9M | 29.8M | 25.8M |
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 running Hovnanian Enterprises' price analysis, check to measure Hovnanian Enterprises' 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 Hovnanian Enterprises is operating at the current time. Most of Hovnanian Enterprises' value examination focuses on studying past and present price action to predict the probability of Hovnanian Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hovnanian Enterprises' price. Additionally, you may evaluate how the addition of Hovnanian Enterprises to your portfolios can decrease your overall portfolio volatility.
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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.