Hovnanian Enterprises, Inc. (HOV) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 737.35M | 713.98M | 644.71M | 2.05B | 1.99B | 1.93B | 458.24M | 1.83B | 1.75B | 1.8B | 1.82B | 1.78B | 1.86B | 1.79B | 1.96B | 1.94B | 1.76B | 1.66B | 1.61B | 1.58B |
| Cash & Short-Term Investments | 320.86M | 349.57M | 285.38M | 146.59M | 73.98M | 94.26M | 209.98M | 122.04M | 181.97M | 183.12M | 434.12M | 325.18M | 333.25M | 234.93M | 326.2M | 225.09M | 149.43M | 137.9M | 245.97M | 172.75M |
| Cash Only | 320.86M | 349.57M | 272.77M | 146.59M | 73.98M | 94.26M | 209.98M | 122.04M | 181.97M | 238.12M | 434.12M | 325.18M | 333.25M | 234.93M | 326.2M | 225.09M | 149.43M | 137.9M | 245.97M | 172.75M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 128.96M | 40.19M | 26.45M | 29.23M | 24.71M | 74.22M | 29.4M | 48.07M | 24.98M | 24.21M | 27.98M | 33.02M | 37.21M | 37.58M | 37.84M | 45.01M | 39.42M | 34.8M | 39.93M | 37.73M |
| Days Sales Outstanding | 11.27 | 4.85 | 3.13 | 3.1 | 6.41 | 7.08 | 3.64 | 4.65 | 3.12 | 4.05 | 3.16 | 4.97 | 4.73 | 6.73 | 4.3 | 5.06 | 4.7 | 6.08 | 4.39 | 4.78 |
| Inventory | 369.12M | 324.22M | 332.88M | 1.69B | 1.74B | 1.67B | 1.64B | 1.65B | 1.42B | 1.46B | 1.35B | 1.41B | 1.48B | 1.51B | 1.52B | 1.59B | 1.49B | 1.41B | 1.25B | 1.31B |
| Days Inventory Outstanding | 54.21 | 1.59K | 129.84 | 227.84 | 262.04 | 268.58 | 193.5 | 241.16 | 229.31 | 269.06 | 188.39 | 259.24 | 232.63 | 334.96 | 202.01 | 242.82 | 240.9 | 271.39 | 181.8 | 213.54 |
| Other Current Assets | -81.59M | 9.66M | 12.61M | 177.62M | 145.94M | 97.22M | -1.43B | 9.62M | 125.95M | 133.79M | 171M | 8.62M | 7.92M | 8.15M | 164.59M | 15.51M | 14.28M | 14.26M | 16.09M | 15.1M |
| Total Non-Current Assets | 309.88M | 311.1M | 280.16M | 582.97M | 564.5M | 601.08M | 284.5M | 710.32M | 567.69M | 535.7M | 673.22M | 615.84M | 620.38M | 647.49M | 601.54M | 602.27M | 627.71M | 646.75M | 708.07M | 733.02M |
| Property, Plant & Equipment | 56.01M | 56.61M | 50.54M | 51.57M | 69.41M | 68.38M | 72.2M | 66.12M | 39.59M | 61.27M | 33.95M | 31.33M | 27.95M | 28.09M | 25.82M | 23.31M | 21.56M | 20.02M | 18.74M | 36.08M |
| Fixed Asset Turnover | 11.86x | 11.80x | 16.02x | 13.23x | 9.96x | 9.58x | 14.17x | 13.67x | 14.05x | 12.46x | 27.18x | 21.93x | 25.11x | 19.12x | 36.10x | 34.21x | 33.80x | 29.18x | 29.71x | 18.96x |
| Goodwill | 31.7M | 31.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 148.48M | 146.63M | 163.47M | 218.36M | 183.46M | 172.68M | 142.91M | 126.32M | 150.67M | 110.59M | 97.89M | 85.26M | 85.82M | 101.01M | 74.94M | 74.74M | 67.34M | 67.47M | 60.9M | 68.9M |
| Other Non-Current Assets | -148.48M | -146.63M | -163.47M | 92.22M | 87.09M | 129.9M | -171.68M | 259.97M | 97.72M | 215.8M | 238.56M | 174.55M | 169.92M | 171.02M | 155.99M | 127.65M | 138.25M | 143.06M | 202.76M | 180.59M |
| Total Assets | 2.83B | 2.73B | 2.63B | 2.63B | 2.55B | 2.53B | 2.61B | 2.54B | 2.32B | 2.34B | 2.49B | 2.39B | 2.48B | 2.44B | 2.56B | 2.54B | 2.38B | 2.31B | 2.32B | 2.31B |
| Asset Turnover | 0.24x | 0.24x | 0.31x | 0.31x | 0.27x | 0.26x | 0.38x | 0.30x | 0.30x | 0.25x | 0.36x | 0.27x | 0.29x | 0.21x | 0.35x | 0.31x | 0.30x | 0.24x | 0.35x | 0.30x |
| Asset Growth % | 10.8% | 7.95% | 1.09% | 3.5% | 10.16% | 8.24% | 4.52% | 6.12% | -6.69% | -3.89% | -2.7% | -5.66% | 4.18% | 5.46% | 10.41% | 9.75% | 1.98% | 24.77% | 26.99% | 28.04% |
| Total Current Liabilities | 778.5M | 699.18M | 222K | 618.53M | 599.06M | 566.68M | 564.92M | 663.04M | 544.15M | 565.63M | 495.69M | 497.01M | 484.44M | 459.58M | 549.55M | 576.06M | 539.68M | 471.13M | 526.68M | 309.63M |
| Accounts Payable | 594.17M | 523.07M | 569.57M | 578.06M | 418.67M | 477.32M | 433.27M | 419.84M | 379.37M | 360.21M | 415.48M | 381.76M | 376.87M | 331.31M | 439.95M | 197.67M | 201.11M | 141.41M | 426.38M | 166.14M |
| Days Payables Outstanding | 87.36 | 2.64K | 73.55 | 66.08 | 68.84 | 73.86 | 50.09 | 62.83 | 58.87 | 74.2 | 54.41 | 67.9 | 55.06 | 85.37 | 41.49 | 31.47 | 28.4 | 57.76 | 41.95 | 26.81 |
| Short-Term Debt | 6.13M | 8.75M | 10.96M | 2.5M | 5.17M | 7.9M | 11.13M | 2.51M | 4.55M | 6.34M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 206.14M | 176.85M | 46.38M | 35.48M | 45.66M | 42.55M | 41.64M | 48.79M | 45.62M | 51.8M | 51.42M | 63.91M | 71.36M | 71.24M | 74.02M | 99.52M | 100.44M | 83.22M | 68.3M | 76.73M |
| Other Current Liabilities | -40.82M | 166.15M | -638.78M | -25.87M | 117.21M | 75.1M | 58.89M | 159.1M | 96.39M | 93.27M | -493.82M | -496.58M | -23.94M | 123.28M | -546.39M | 209.58M | 195.91M | 172.85M | -522.83M | -307.14M |
| Current Ratio | 0.95x | 1.02x | 2904.11x | 3.31x | 3.32x | 3.41x | 0.81x | 2.76x | 3.22x | 3.19x | 3.67x | 3.58x | 3.85x | 3.89x | 3.57x | 3.36x | 3.25x | 3.53x | 3.06x | 5.10x |
| Quick Ratio | 0.47x | 0.56x | 1404.66x | 0.57x | 0.41x | 0.47x | -2.10x | 0.27x | 0.61x | 0.60x | 0.95x | 0.74x | 0.78x | 0.61x | 0.80x | 0.61x | 0.49x | 0.53x | 0.68x | 0.86x |
| Cash Conversion Cycle | -21.87 | -1.05K | 59.42 | 164.87 | 199.61 | 201.8 | 147.04 | 182.98 | 173.56 | 198.9 | 137.14 | 196.31 | 182.3 | 256.32 | 164.82 | 216.42 | 217.21 | 219.71 | 144.23 | 191.52 |
| Total Non-Current Liabilities | 1.22B | 1.2B | 1.19B | 1.18B | 1.13B | 1.16B | 1.15B | 1.17B | 1.13B | 1.26B | 1.42B | 1.41B | 1.57B | 1.58B | 1.63B | 1.62B | 1.59B | 1.64B | 1.62B | 1.88B |
| Long-Term Debt | 934.6M | 929.86M | 930.21M | 915.45M | 942.37M | 981.34M | 986.89M | 1.01B | 1.02B | 1.03B | 1.14B | 1.17B | 1.28B | 1.28B | 1.29B | 1.34B | 1.35B | 1.44B | 1.37B | 1.44B |
| Capital Lease Obligations | 34.69M | 32.06M | 16.13M | 23.37M | 18.2M | 17.56M | 19.73M | 24.41M | 21.32M | 18.83M | 17.98M | 18.46M | 13.48M | 12.18M | 10.79M | 17.52M | 20.74M | 14.34M | 18.95M | 19.14M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 253.44M | 235.94M | 244.72M | 236.64M | 173.1M | 156.27M | 140.3M | 135.56M | 86.62M | 211.06M | 254.46M | 244.59M | 200.3M | 300.66M | 325.87M | 481.55M | 756.77M | 649.36M | 226.03M | 306.17M |
| Total Liabilities | 2B | 1.9B | 1.8B | 1.79B | 1.73B | 1.72B | 1.81B | 1.84B | 1.67B | 1.73B | 1.91B | 1.91B | 2.05B | 2.04B | 2.18B | 2.2B | 2.13B | 2.11B | 2.15B | 2.19B |
| Total Debt | 934.6M | 970.67M | 957.3M | 941.32M | 965.74M | 1.01B | 1.02B | 1.04B | 1.04B | 1.06B | 1.14B | 1.17B | 1.28B | 1.28B | 1.29B | 1.34B | 1.35B | 1.44B | 1.37B | 1.45B |
| Net Debt | 613.74M | 621.1M | 657.44M | 794.73M | 891.76M | 912.54M | 807.78M | 919M | 862.42M | 821.22M | 708.91M | 848.72M | 944.96M | 1.04B | 965.15M | 1.11B | 1.2B | 1.31B | 1.13B | 1.28B |
| Debt / Equity | 1.13x | 1.16x | 1.15x | 1.13x | 1.18x | 1.24x | 1.27x | 1.48x | 1.61x | 1.74x | 1.96x | 2.43x | 2.98x | 3.23x | 3.37x | 3.94x | 5.21x | 7.33x | 7.83x | 12.05x |
| Debt / EBITDA | 50.25x | 1.72x | 68.40x | 49.30x | 32.46x | 46.07x | 13.09x | 19.45x | 15.80x | 36.35x | - | 13.15x | 21.08x | 46.05x | 12.49x | 10.99x | 13.43x | 29.59x | 14.70x | 17.63x |
| Net Debt / EBITDA | 33.00x | 1.10x | 46.98x | 41.63x | 29.97x | 41.76x | 10.39x | 17.17x | 13.05x | 28.18x | - | 9.51x | 15.59x | 37.59x | 9.34x | 9.14x | 11.94x | 26.76x | 12.07x | 15.53x |
| Interest Coverage | 1.21x | 3.36x | 0.57x | 4.33x | 3.90x | 5.19x | 24.25x | 16.53x | 7.52x | 4.12x | 12.05x | 4.50x | 3.82x | 2.20x | 9.29x | 11.45x | 7.85x | 3.04x | 7.53x | 4.05x |
| Total Equity | 827.59M | 837.63M | 830.93M | 835.36M | 820.37M | 811.43M | 800.35M | 703.38M | 647.05M | 607.09M | 581.79M | 482.51M | 429.5M | 395.8M | 383.05M | 338.75M | 258.4M | 196.89M | 175.38M | 120.69M |
| Equity Growth % | 0.88% | 3.23% | 3.82% | 18.76% | 26.79% | 33.66% | 37.57% | 45.77% | 50.65% | 53.38% | 51.88% | 42.44% | 66.21% | 101.03% | 118.41% | 180.67% | 255.36% | 147.29% | 140.22% | 125.17% |
| Book Value per Share | 128.25 | 129.07 | 128.47 | 130.55 | 118.02 | 114.75 | 114.06 | 99.80 | 93.75 | 87.51 | 86.01 | 71.96 | 66.47 | 61.19 | 56.75 | 51.76 | 39.89 | 30.29 | 27.12 | 18.76 |
| Total Shareholders' Equity | 824.89M | 835.74M | 830.93M | 835.36M | 820.37M | 811.43M | 800.35M | 703.38M | 647.05M | 607.09M | 581.74M | 482.48M | 429.47M | 395.78M | 383.04M | 338.43M | 258M | 196.49M | 174.9M | 120.07M |
| Common Stock | 74K | 74K | 73K | 73K | 72K | 72K | 72K | 72K | 70K | 70K | 70K | 70K | 69K | 69K | 69K | 69K | 68K | 68K | 68K | 68K |
| Retained Earnings | 142.56M | 145.52M | 127.33M | 130.66M | 116.72M | 99.66M | 74.14M | -17.55M | -87.8M | -135.96M | -157.2M | -251.79M | -304.89M | -336.37M | -352.41M | -405.38M | -485.32M | -545.09M | -567.23M | -619.71M |
| Treasury Stock | -207.7M | -198.15M | -189.15M | -189.21M | -189.31M | -176.96M | -158.91M | -158.92M | -147.53M | -132.38M | -132.38M | -132.38M | -132.38M | -132.38M | -127.58M | -115.36M | -115.36M | -115.36M | -115.36M | -115.36M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -70K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1K | 0 | 0 |
| Minority Interest | 2.7M | 1.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53K | 37K | 26K | 19K | 15K | 320K | 396K | 399K | 487K | 622K |