Hovnanian Enterprises, Inc.

NYSE:HOV Stock Report

Market Cap: US$1.2b

Hovnanian Enterprises Balance Sheet Health

Financial Health criteria checks 4/6

Hovnanian Enterprises has a total shareholder equity of $703.4M and total debt of $1.1B, which brings its debt-to-equity ratio to 163.3%. Its total assets and total liabilities are $2.5B and $1.8B respectively. Hovnanian Enterprises's EBIT is $277.0M making its interest coverage ratio 7.6. It has cash and short-term investments of $122.0M.

Key information

163.3%

Debt to equity ratio

US$1.15b

Debt

Interest coverage ratio7.6x
CashUS$122.04m
EquityUS$703.38m
Total liabilitiesUS$1.84b
Total assetsUS$2.54b

Recent financial health updates

Recent updates

These 4 Measures Indicate That Hovnanian Enterprises (NYSE:HOV) Is Using Debt Extensively

Aug 18
These 4 Measures Indicate That Hovnanian Enterprises (NYSE:HOV) Is Using Debt Extensively

There's No Escaping Hovnanian Enterprises, Inc.'s (NYSE:HOV) Muted Earnings Despite A 27% Share Price Rise

Jul 21
There's No Escaping Hovnanian Enterprises, Inc.'s (NYSE:HOV) Muted Earnings Despite A 27% Share Price Rise

Hovnanian Enterprises (NYSE:HOV) Is Looking To Continue Growing Its Returns On Capital

Jul 12
Hovnanian Enterprises (NYSE:HOV) Is Looking To Continue Growing Its Returns On Capital

Hovnanian Enterprises, Inc. (NYSE:HOV) Could Be Riskier Than It Looks

May 23
Hovnanian Enterprises, Inc. (NYSE:HOV) Could Be Riskier Than It Looks

Hovnanian Enterprises Preferred Stock Diversity Comes With Risks

Apr 06

Hovnanian Enterprises (NYSE:HOV) Is Doing The Right Things To Multiply Its Share Price

Feb 23
Hovnanian Enterprises (NYSE:HOV) Is Doing The Right Things To Multiply Its Share Price

Hovnanian Enterprises (NYSE:HOV) Has A Somewhat Strained Balance Sheet

Feb 06
Hovnanian Enterprises (NYSE:HOV) Has A Somewhat Strained Balance Sheet

Investors Still Aren't Entirely Convinced By Hovnanian Enterprises, Inc.'s (NYSE:HOV) Earnings Despite 36% Price Jump

Jan 04
Investors Still Aren't Entirely Convinced By Hovnanian Enterprises, Inc.'s (NYSE:HOV) Earnings Despite 36% Price Jump

Here's Why Hovnanian Enterprises (NYSE:HOV) Has A Meaningful Debt Burden

Nov 03
Here's Why Hovnanian Enterprises (NYSE:HOV) Has A Meaningful Debt Burden

Hovnanian's Valuation, Ownership, And Debt Concerns: Is It A Viable Investment?

Sep 28

Hovnanian Enterprises (NYSE:HOV) Might Have The Makings Of A Multi-Bagger

Sep 05
Hovnanian Enterprises (NYSE:HOV) Might Have The Makings Of A Multi-Bagger

Hovnanian Enterprises (NYSE:HOV) Takes On Some Risk With Its Use Of Debt

Jul 13
Hovnanian Enterprises (NYSE:HOV) Takes On Some Risk With Its Use Of Debt

Buy Homebuilder Hovnanian, It's Still A Solid Value Play

Jun 02

It's Unlikely That Hovnanian Enterprises, Inc.'s (NYSE:HOV) CEO Will See A Huge Pay Rise This Year

Mar 22
It's Unlikely That Hovnanian Enterprises, Inc.'s (NYSE:HOV) CEO Will See A Huge Pay Rise This Year

Hovnanian Enterprises (NYSE:HOV) Is Experiencing Growth In Returns On Capital

Jan 25
Hovnanian Enterprises (NYSE:HOV) Is Experiencing Growth In Returns On Capital

Does Hovnanian Enterprises (NYSE:HOV) Have A Healthy Balance Sheet?

Dec 31
Does Hovnanian Enterprises (NYSE:HOV) Have A Healthy Balance Sheet?

Hovnanian Enterprises: Home-Ageddon Is Upon It

Dec 21

Hovnanian GAAP EPS of $7.24, revenue of $886.79M

Dec 08

Returns Are Gaining Momentum At Hovnanian Enterprises (NYSE:HOV)

Oct 18
Returns Are Gaining Momentum At Hovnanian Enterprises (NYSE:HOV)

Financial Position Analysis

Short Term Liabilities: HOV's short term assets ($2.1B) exceed its short term liabilities ($560.5M).

Long Term Liabilities: HOV's short term assets ($2.1B) exceed its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: HOV's net debt to equity ratio (145.9%) is considered high.

Reducing Debt: HOV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: HOV's debt is not well covered by operating cash flow (4.5%).

Interest Coverage: HOV's interest payments on its debt are well covered by EBIT (7.6x coverage).


Balance Sheet


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