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Hovnanian Enterprises Inc  (NYSE:HOV) Total Liabilities: \$2,293 Mil (As of Jul. 2017)

Hovnanian Enterprises Inc's total liabilities for the quarter that ended in Jul. 2017 was \$2,293 Mil.

Hovnanian Enterprises Inc's quarterly total liabilities declined from Jan. 2017 (\$2,273.58 Mil) to Apr. 2017 (\$2,267.50 Mil) but then increased from Apr. 2017 (\$2,267.50 Mil) to Jul. 2017 (\$2,293.48 Mil).

Hovnanian Enterprises Inc's annual total liabilities increased from Oct. 2014 (\$2,407.73 Mil) to Oct. 2015 (\$2,730.38 Mil) but then declined from Oct. 2015 (\$2,730.38 Mil) to Oct. 2016 (\$2,507.95 Mil).

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Hovnanian Enterprises Inc Annual Data

 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Total Liabilities 2,169.83 2,192.36 2,407.73 2,730.38 2,507.95

Hovnanian Enterprises Inc Quarterly Data

 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Total Liabilities 2,540.78 2,507.95 2,273.58 2,267.50 2,293.48

Calculation

Total liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Hovnanian Enterprises Inc's Total Liabilities for the fiscal year that ended in Oct. 2016 is calculated as

 Total Liabilities = Total Current Liabilities + Total Long Term Liabilities = Total Current Liabilities + (Long-Term Debt & Capital Lease Obligation + Other Long Term Assets = 830.035 + (1645.49 + 32.425 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 0 + 0 + 0) = 2,508

 Total Liabilities = Total Assets (A: Oct. 2016 ) - Total Equity (A: Oct. 2016 ) = 2379.44 - -128.51 = 2,508

Hovnanian Enterprises Inc's Total Liabilities for the quarter that ended in Jul. 2017 is calculated as

 Total Liabilities = Total Current Liabilities + (Total Long Term Liabilities) = Total Current Liabilities + (Long-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation = 551.573 + (1650.543 + 91.365 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 0 + 0 + 0) = 2,293

 Total Liabilities = Total Assets (Q: Jul. 2017 ) - Total Equity (Q: Jul. 2017 ) = 1822.319 - -471.162 = 2,293

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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