Hovnanian Enterprises, Inc. (HOV) financial statements (2022 and earlier)

Company profile

Business Address 90 MATAWAN ROAD, 5TH FLOOR
MATAWAN, NJ 07747
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)

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1316 143200
Cash and cash equivalents1316 143200
Total current assets:1316 143200
Noncurrent Assets
Inventory, real estate6458 7175
Property, plant and equipment 19 2020
Long-term investments and receivables 61 127124
Long-term investments 61 127124
Deferred income tax assets416426  
Total noncurrent assets:480563 218218
Other undisclosed assets1,8161,741 1,5201,244
TOTAL ASSETS:2,3092,321 1,8811,662
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities2,1122,145 2,3712,116
Total liabilities:2,1122,145 2,3712,116
Stockholders' equity
Stockholders' equity attributable to parent, including:196175 (490)(454)
Preferred stock135135 135135
Treasury stock, value(115)(115) (115)(115)
Additional paid in capital722722 716709
Accumulated deficit(545)(567) (1,226)(1,184)
Other undisclosed stockholders' equity attributable to parent00 02
Stockholders' equity attributable to noncontrolling interest00 1 
Total stockholders' equity:197175 (490)(454)
TOTAL LIABILITIES AND EQUITY:2,3092,321 1,8811,662

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

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
Revenues2,7742,783 2,0171,991
Cost of revenue(671)(0) (0)(0)
Provision for loan, lease, and other losses(0)(0) (0)(0)
Gross profit:2,1022,783 2,0171,991
Operating expenses(3)    
Other operating expense, net
(Other undisclosed Other operating expense, net)
(0)    
Operating income:2,0982,783 2,0171,991
Interest and debt expense(4)(4) (42)(8)
Income from continuing operations before equity method investments, income taxes:2,0942,779 1,9741,984
Income from equity method investments159 2924
Other undisclosed loss from continuing operations before income taxes(1,904)(2,598) (2,043)(1,999)
Income (loss) from continuing operations before income taxes:206190 (40)8
Income tax expense (benefit)408418 (2)(4)
Net income (loss) attributable to parent:614608 (42)5
Undistributed earnings (loss) allocated to participating securities, basic(52)(58)  (0)
Net income (loss) available to common stockholders, basic:561550 (42)4
Other undisclosed net loss available to common stockholders, diluted(1)(1)   
Net income (loss) available to common stockholders, diluted:561549 (42)4

Comprehensive Income ($ in millions)

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
Net income (loss):614608 (42)5
Comprehensive income (loss), net of tax, attributable to parent:614608 (42)5

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.

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