Hovnanian Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0 Mil. Hovnanian Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $1,034 Mil. Hovnanian Enterprises's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $607 Mil.
Hovnanian Enterprises's debt to equity for the quarter that ended in Jan. 2024 was 1.70.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Hovnanian Enterprises's Debt-to-Equity or its related term are showing as below:
HOV'
s Debt-to-Equity Range Over the Past 10 Years
Min: -16.89 Med: -3.47 Max: 21.73
Current: 1.7
During the past 13 years, the highest Debt-to-Equity Ratio of Hovnanian Enterprises was 21.73. The lowest was -16.89. And the median was -3.47.
Hovnanian Enterprises Debt-to-Equity Historical Data
The historical data trend for Hovnanian Enterprises's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
|
Hovnanian Enterprises Annual Data
|
|
Trend |
Oct14 |
Oct15 |
Oct16 |
Oct17 |
Oct18 |
Oct19 |
Oct20 |
Oct21 |
Oct22 |
Oct23 |
| Debt-to-Equity |
|
|
|
|
|
|
-3.43 |
-3.63 |
7.85 |
3.37 |
1.97 |
|
Hovnanian Enterprises Quarterly Data
|
|
Apr19 |
Jul19 |
Oct19 |
Jan20 |
Apr20 |
Jul20 |
Oct20 |
Jan21 |
Apr21 |
Jul21 |
Oct21 |
Jan22 |
Apr22 |
Jul22 |
Oct22 |
Jan23 |
Apr23 |
Jul23 |
Oct23 |
Jan24 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3.23 |
2.98 |
2.43 |
1.97 |
1.70 |
Competitive Comparison
For the Residential Construction subindustry, Hovnanian Enterprises's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hovnanian Enterprises Debt-to-Equity Distribution
For the Homebuilding & Construction industry and Consumer Cyclical sector, Hovnanian Enterprises's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hovnanian Enterprises's Debt-to-Equity falls into.
Hovnanian Enterprises Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Hovnanian Enterprises's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as
Hovnanian Enterprises's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hovnanian Enterprises (Hovnanian Enterprises) Business Description
Traded in Other Exchanges
Address
90 Matawan Road, Fifth Floor, Matawan, NJ, USA, 07747
Hovnanian Enterprises Inc conducts all of its homebuilding and financial services operations . The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It has two distinct operations: homebuilding and financial services. Its homebuilding operations are divided geographically into three segments; Northeast which includes Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia; Southeast which includes Florida, Georgia and South Carolina; and West which includes Arizona, California and Texas. The firm generates maximum revenue from West Segment.
Executives
| Vincent Jr Pagano |
director |
90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747 |
| Ara K Hovnanian |
director, 10 percent owner, officer: Chairman of Bd., Pres. & CEO |
90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747 |
| Edward A Kangas |
director |
90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747 |
| J Larry Sorsby |
director, officer: Exec. VP and CFO |
90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747 |
| Miriam Hernandez-kakol |
director |
90 MATAWAN ROAD, 5TH FLOOR, MATAWAN NJ 07747 |
| Park West Asset Management Llc |
10 percent owner |
1 LETTERMAN DRIVE, SUITE C5-900, SAN FRANCISCO CA 94129 |
| Hovnanian Family 2012 L.l.c. |
10 percent owner |
C/O ARA K. HOVNANIAN, 110 WEST FRONT STREET, P.O. BOX 500, RED BANK NJ 07701 |
| Robin Stone Sellers |
director |
90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747 |
| Lucian T. Smith |
officer: Chief Operating Officer |
90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747 |
| Executors Of The Estate Of Kevork S. Hovnanian, Deceased |
10 percent owner |
425 LEXINGTON AVENUE, NEW YORK NY 10017 |
| Thomas J. Pellerito |
officer: Chief Operating Officer |
110 WEST FRONT STREET, RED BANK NJ 07701 |
| Joseph A Marengi |
director |
C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244 |
| Brad G O'connor |
officer: VP & Chief Accounting Officer |
90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747 |
| Paul W Buchanan |
officer: SVP Corporate Controller |
10 HIGHWAY 35, P O BOX 500, RED BANK NJ 07701 |
| Peter S Reinhart |
officer: Sr. VP/General Counsel |
10 HIGHWAY 35, P O BOX 500, RED BANK NJ 07701 |
Hovnanian Enterprises (Hovnanian Enterprises) Headlines
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