Hovnanian Enterprises Inc (HOV) financial statements (2021 and earlier)

Company profile

Business Address 110 WEST FRONT STREET
RED BANK, NJ 07701
State of Incorp. DE
Fiscal Year End October 31
SIC 1531 - Operative Builders (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

1/31/2020
TTM
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
10/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments64143200469347254262
Cash and cash equivalents64143200469347254262
Total current assets:64143200469347254262
Noncurrent Assets
Inventory, real estate68717595145125110
Property, plant and equipment 202053504647
Long-term investments and receivables 1271241151016164
Long-term investments 1271241151016164
Total noncurrent assets:68218218263296232220
Other undisclosed assets1,6581,5201,2441,1691,7362,1171,808
TOTAL ASSETS:1,7901,8811,6621,9012,3792,6022,290
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities2,2892,3712,1162,3612,5082,7302,408
Total liabilities:2,2892,3712,1162,3612,5082,7302,408
Stockholders' equity
Stockholders' equity attributable to parent, including:(500)(490)(454)(460)(129)(128)(118)
Preferred stock135135135135135135135
Treasury stock, value(115)(115)(115)(115)(115)(115)(115)
Additional paid in capital715716709706706704698
Accumulated deficit(1,235)(1,226)(1,184)(1,188)(856)(853)(837)
Other undisclosed stockholders' equity attributable to parent0022222
Stockholders' equity attributable to noncontrolling interest11     
Total stockholders' equity:(499)(490)(454)(460)(129)(128)(118)
TOTAL LIABILITIES AND EQUITY:1,7901,8811,6621,9012,3792,6022,290

Income statement (P&L) ($ in millions)

1/31/2020
TTM
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
10/31/2014
Revenues2,1302,0171,9912,4522,7522,1482,063
Revenue, net  2,148 
Cost of revenue(0)(0)(0)(0)(0)(2,126)(2,005)
Provision for loan, lease, and other losses(0)(0)(0)
Financial services costs(0)(0)(0)(4)
Gross profit:2,1302,0171,9912,4522,7522258
Operating expenses     (48)(45)
Operating income (loss):2,1302,0171,9912,4522,752(26)13
Nonoperating expense
(Other Nonoperating expense)
     (6)(5)
Interest and debt expense9(42)(8)(35)(3)(150)(142)
Other undisclosed loss from continuing operations before equity method investments, income taxes(42)      
Income (loss) from continuing operations before equity method investments, income taxes:2,0971,9741,9842,4172,749(182)(134)
Income (loss) from equity method investments212924(7)(4)48
Other undisclosed income (loss) from continuing operations before income taxes(2,148)(2,043)(1,999)(2,455)(2,742)156146
Income (loss) from continuing operations before income taxes:(30)(40)8(45)2(22)20
Income tax expense (benefit)(4)(2)(4)(287)(5)6287
Net income (loss) attributable to parent:(34)(42)5(332)(3)(16)307
Undistributed earnings (loss) allocated to participating securities, basic  (0) 
Other undisclosed net loss available to common stockholders, basic      (7)
Net income (loss) available to common stockholders, basic:(34)(42)4(332)(3)(16)300
Interest on convertible debt      3
Other undisclosed net loss available to common stockholders, diluted      (0)
Net income (loss) available to common stockholders, diluted:(34)(42)4(332)(3)(16)304

Comprehensive Income ($ in millions)

1/31/2020
TTM
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
10/31/2014
Net income (loss):(34)(42)5(332)(3)(16)307
Comprehensive income (loss), net of tax, attributable to parent:(34)(42)5(332)(3)(16)307

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: