Hovnanian Fixed Asset Turnover from 2010 to 2024

HOV Stock  USD 181.74  6.36  3.63%   
Hovnanian Enterprises Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 39.56 in 2024. During the period from 2010 to 2024, Hovnanian Enterprises Fixed Asset Turnover regression line of quarterly data had mean square error of  1,496 and geometric mean of  51.20. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
41.55
Current Value
39.56
Quarterly Volatility
41.38674943
 
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.
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Latest Hovnanian Enterprises' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Hovnanian Enterprises over the last few years. It is Hovnanian Enterprises' Fixed Asset Turnover 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.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Hovnanian Fixed Asset Turnover Regression Statistics

Arithmetic Mean65.56
Geometric Mean51.20
Coefficient Of Variation63.13
Mean Deviation34.82
Median46.33
Standard Deviation41.39
Sample Variance1,713
Range144
R-Value0.43
Mean Square Error1,496
R-Squared0.19
Significance0.11
Slope4.02
Total Sum of Squares23,980

Hovnanian Fixed Asset Turnover History

2024 39.56
2023 41.55
2022 46.17
2021 113.18
2020 148.53
2019 128.89
2018 100.21

About Hovnanian Enterprises Financial Statements

Hovnanian Enterprises investors use historical fundamental indicators, such as Hovnanian Enterprises' Fixed Asset Turnover, 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
Fixed Asset Turnover 41.55  39.56 

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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.