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Hovnanian Enterprises Inc (NYSE:HOV)
Other Long-Term Assets
$262 Mil (As of Jul. 2014)

Hovnanian Enterprises Inc's other long-term assets for the quarter that ended in Jul. 2014 was $262 Mil.

Hovnanian Enterprises Inc's quarterly other long-term assets increased from Jan. 2014 ($219 Mil) to Apr. 2014 ($223 Mil) and increased from Apr. 2014 ($223 Mil) to Jul. 2014 ($262 Mil).

Hovnanian Enterprises Inc's annual other long-term assets increased from Oct. 2011 ($200 Mil) to Oct. 2012 ($292 Mil) but then declined from Oct. 2012 ($292 Mil) to Oct. 2013 ($273 Mil).


Definition

Assets are presented on the balance sheet in order of their liquidity. If a company expects to sell or otherwise recognize the economic value of an asset within one year, the asset is generally classified as a current asset on the balance sheet. Cash on hand is a common current asset.

A long-term asset is an asset that a company expects to sell or otherwise recognize the economic value of after more than one year. Property, plant and equipment, and intangible assets are common long-term assets. Except those two items and current assets, the others we treated as "Other Long Term Assets".


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Hovnanian Enterprises Inc Annual Data

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
Other Long-Term Assets 217227505366167268212200292273

Hovnanian Enterprises Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Other Long-Term Assets 223280292234241248273219223262
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