Hovnanian Return On Assets from 2010 to 2024

HOV Stock  USD 196.20  14.46  7.96%   
Hovnanian Enterprises Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Hovnanian Enterprises earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.095
Current Value
0.0997
Quarterly Volatility
0.09674789
 
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' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Hovnanian Enterprises over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Hovnanian Enterprises' Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Hovnanian Return On Assets Regression Statistics

Arithmetic Mean0.04
Coefficient Of Variation236.17
Mean Deviation0.07
Median0.03
Standard Deviation0.1
Sample Variance0.01
Range0.4367
R-Value0.38
Mean Square Error0.01
R-Squared0.15
Significance0.16
Slope0.01
Total Sum of Squares0.13

Hovnanian Return On Assets History

2024 0.0997
2023 0.095
2022 0.0826
2021 0.088
2020 0.26
2019 0.0279
2018 -0.0224

About Hovnanian Enterprises Financial Statements

Hovnanian Enterprises investors use historical fundamental indicators, such as Hovnanian Enterprises' Return On Assets, 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
Return On Assets 0.10  0.10 

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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.