Hovnanian Current Ratio from 2010 to 2024

HOV Stock  USD 175.38  3.43  1.99%   
Hovnanian Enterprises Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 4.11 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
4.34
Current Value
4.11
Quarterly Volatility
0.56159923
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hovnanian Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hovnanian Enterprises' main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.2 M, Interest Expense of 78.8 M or Total Revenue of 2 B, as well as many indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 0.0142 or PTB Ratio of 0.8. Hovnanian financial statements analysis is a perfect complement when working with Hovnanian Enterprises Valuation or Volatility modules.
  
Check out the analysis of Hovnanian Enterprises Correlation against competitors.
For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.

Latest Hovnanian Enterprises' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Hovnanian Enterprises over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Hovnanian Enterprises' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hovnanian Enterprises' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.87 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Hovnanian Current Ratio Regression Statistics

Arithmetic Mean3.69
Geometric Mean3.64
Coefficient Of Variation15.23
Mean Deviation0.43
Median3.73
Standard Deviation0.56
Sample Variance0.32
Range2.0401
R-Value0.42
Mean Square Error0.28
R-Squared0.17
Significance0.12
Slope0.05
Total Sum of Squares4.42

Hovnanian Current Ratio History

2024 4.11
2023 4.34
2022 3.77
2021 3.57
2020 3.06
2019 3.5
2018 4.28

About Hovnanian Enterprises Financial Statements

Hovnanian Enterprises investors use historical fundamental indicators, such as Hovnanian Enterprises' Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hovnanian Enterprises. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 4.34  4.11 

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Additional Tools for Hovnanian Stock Analysis

When running Hovnanian Enterprises' price analysis, check to measure Hovnanian Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hovnanian Enterprises is operating at the current time. Most of Hovnanian Enterprises' value examination focuses on studying past and present price action to predict the probability of Hovnanian Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hovnanian Enterprises' price. Additionally, you may evaluate how the addition of Hovnanian Enterprises to your portfolios can decrease your overall portfolio volatility.