Hovnanian Cash Flow To Debt Ratio vs Free Cash Flow Analysis

HOV Stock

USD 181.74 6.36 3.63%

Hovnanian Enterprises financial indicator trend analysis is much more than just examining Hovnanian Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hovnanian Enterprises is a good investment. Please check the relationship between Hovnanian Enterprises Cash Flow To Debt Ratio and its Free Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hovnanian Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.

Cash Flow To Debt Ratio vs Free Cash Flow

Cash Flow To Debt Ratio vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hovnanian Enterprises Cash Flow To Debt Ratio account and Free Cash Flow. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Hovnanian Enterprises' Cash Flow To Debt Ratio and Free Cash Flow is 0.87. Overlapping area represents the amount of variation of Cash Flow To Debt Ratio that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Hovnanian Enterprises, assuming nothing else is changed. The correlation between historical values of Hovnanian Enterprises' Cash Flow To Debt Ratio and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Flow To Debt Ratio of Hovnanian Enterprises are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Cash Flow To Debt Ratio i.e., Hovnanian Enterprises' Cash Flow To Debt Ratio and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Cash Flow To Debt Ratio

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Hovnanian Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hovnanian Enterprises current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hovnanian Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.At this time, Hovnanian Enterprises' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 47.3 M in 2024, whereas Enterprise Value Multiple is likely to drop 3.44 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	2.9B	2.8B	3.2B	2.0B
Interest Expense	47.3M	54.1M	62.2M	78.8M

Total Revenue Interest Expense

Hovnanian Enterprises fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Inventory	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.6	0.36	0.44	0.01	0.32	-0.31	0.83	0.68	0.78	0.78	0.04	0.87	-0.44	0.83	0.6	0.6	0.24	0.95	-0.01	0.94	-0.07	0.59	-0.02	-0.02	0.57
Short Long Term Debt Total	0.6		-0.46	0.96	-0.73	-0.38	-0.64	0.63	0.96	0.8	0.95	0.08	0.64	-0.56	0.43	0.24	0.24	0.46	0.63	-0.67	0.68	0.35	0.34	0.58	0.58	0.72
Total Stockholder Equity	0.36	-0.46		-0.56	0.92	0.78	0.22	0.01	-0.41	0.0	-0.28	-0.02	0.25	0.25	0.31	0.47	0.47	-0.12	0.32	0.71	0.29	-0.36	0.45	-0.6	-0.6	-0.15
Net Debt	0.44	0.96	-0.56		-0.78	-0.48	-0.65	0.47	0.9	0.69	0.87	0.05	0.49	-0.58	0.29	0.03	0.03	0.51	0.52	-0.77	0.55	0.39	0.24	0.6	0.6	0.68
Retained Earnings	0.01	-0.73	0.92	-0.78		0.63	0.33	-0.32	-0.71	-0.38	-0.61	-0.05	-0.07	0.52	0.01	0.21	0.21	-0.13	-0.03	0.82	-0.03	-0.27	0.26	-0.6	-0.6	-0.4
Non Current Assets Total	0.32	-0.38	0.78	-0.48	0.63		0.58	0.13	-0.26	0.19	-0.16	0.12	0.19	-0.13	0.3	0.52	0.52	-0.59	0.29	0.46	0.11	-0.66	0.13	-0.73	-0.73	-0.12
Non Currrent Assets Other	-0.31	-0.64	0.22	-0.65	0.33	0.58		-0.23	-0.5	-0.41	-0.5	0.21	-0.39	0.06	-0.26	-0.14	-0.14	-0.75	-0.37	0.38	-0.56	-0.55	-0.59	-0.64	-0.64	-0.5
Common Stock Shares Outstanding	0.83	0.63	0.01	0.47	-0.32	0.13	-0.23		0.77	0.74	0.81	-0.04	0.67	-0.61	0.82	0.41	0.41	0.01	0.77	-0.19	0.73	-0.22	0.29	0.05	0.05	0.45
Non Current Liabilities Total	0.68	0.96	-0.41	0.9	-0.71	-0.26	-0.5	0.77		0.81	0.98	-0.07	0.59	-0.69	0.6	0.23	0.23	0.32	0.71	-0.65	0.69	0.12	0.23	0.41	0.41	0.75
Other Stockholder Equity	0.78	0.8	0.0	0.69	-0.38	0.19	-0.41	0.74	0.81		0.86	0.16	0.77	-0.62	0.62	0.67	0.67	0.09	0.8	-0.48	0.77	-0.05	0.53	0.22	0.22	0.69
Total Liab	0.78	0.95	-0.28	0.87	-0.61	-0.16	-0.5	0.81	0.98	0.86		0.05	0.74	-0.66	0.64	0.34	0.34	0.33	0.78	-0.53	0.78	0.16	0.34	0.38	0.38	0.74
Other Current Liab	0.04	0.08	-0.02	0.05	-0.05	0.12	0.21	-0.04	-0.07	0.16	0.05		0.41	0.12	-0.46	0.17	0.17	-0.14	-0.07	0.03	0.0	0.34	0.11	0.09	0.09	-0.15
Total Current Liabilities	0.87	0.64	0.25	0.49	-0.07	0.19	-0.39	0.67	0.59	0.77	0.74	0.41		-0.3	0.52	0.61	0.61	0.3	0.76	-0.01	0.86	0.28	0.65	0.16	0.16	0.51
Property Plant And Equipment Net	-0.44	-0.56	0.25	-0.58	0.52	-0.13	0.06	-0.61	-0.69	-0.62	-0.66	0.12	-0.3		-0.55	-0.02	-0.02	0.18	-0.56	0.56	-0.3	0.38	0.12	0.1	0.1	-0.51
Accounts Payable	0.83	0.43	0.31	0.29	0.01	0.3	-0.26	0.82	0.6	0.62	0.64	-0.46	0.52	-0.55		0.46	0.46	0.1	0.83	-0.01	0.75	-0.39	0.37	-0.17	-0.17	0.51
Cash	0.6	0.24	0.47	0.03	0.21	0.52	-0.14	0.41	0.23	0.67	0.34	0.17	0.61	-0.02	0.46		1.0	-0.14	0.52	0.12	0.58	-0.15	0.61	-0.05	-0.05	0.39
Cash And Short Term Investments	0.6	0.24	0.47	0.03	0.21	0.52	-0.14	0.41	0.23	0.67	0.34	0.17	0.61	-0.02	0.46	1.0		-0.14	0.52	0.12	0.58	-0.15	0.61	-0.05	-0.05	0.39
Net Receivables	0.24	0.46	-0.12	0.51	-0.13	-0.59	-0.75	0.01	0.32	0.09	0.33	-0.14	0.3	0.18	0.1	-0.14	-0.14		0.24	-0.15	0.47	0.68	0.43	0.57	0.57	0.34
Inventory	0.95	0.63	0.32	0.52	-0.03	0.29	-0.37	0.77	0.71	0.8	0.78	-0.07	0.76	-0.56	0.83	0.52	0.52	0.24		-0.19	0.93	-0.15	0.6	-0.08	-0.08	0.68
Property Plant And Equipment Gross	-0.01	-0.67	0.71	-0.77	0.82	0.46	0.38	-0.19	-0.65	-0.48	-0.53	0.03	-0.01	0.56	-0.01	0.12	0.12	-0.15	-0.19		-0.11	-0.12	0.02	-0.45	-0.45	-0.58
Total Current Assets	0.94	0.68	0.29	0.55	-0.03	0.11	-0.56	0.73	0.69	0.77	0.78	0.0	0.86	-0.3	0.75	0.58	0.58	0.47	0.93	-0.11		0.13	0.75	0.16	0.16	0.65
Short Term Debt	-0.07	0.35	-0.36	0.39	-0.27	-0.66	-0.55	-0.22	0.12	-0.05	0.16	0.34	0.28	0.38	-0.39	-0.15	-0.15	0.68	-0.15	-0.12	0.13		0.28	0.7	0.7	0.12
Other Current Assets	0.59	0.34	0.45	0.24	0.26	0.13	-0.59	0.29	0.23	0.53	0.34	0.11	0.65	0.12	0.37	0.61	0.61	0.43	0.6	0.02	0.75	0.28		0.12	0.12	0.36
Common Stock Total Equity	-0.02	0.58	-0.6	0.6	-0.6	-0.73	-0.64	0.05	0.41	0.22	0.38	0.09	0.16	0.1	-0.17	-0.05	-0.05	0.57	-0.08	-0.45	0.16	0.7	0.12		1.0	0.18
Common Stock	-0.02	0.58	-0.6	0.6	-0.6	-0.73	-0.64	0.05	0.41	0.22	0.38	0.09	0.16	0.1	-0.17	-0.05	-0.05	0.57	-0.08	-0.45	0.16	0.7	0.12	1.0		0.18
Other Liab	0.57	0.72	-0.15	0.68	-0.4	-0.12	-0.5	0.45	0.75	0.69	0.74	-0.15	0.51	-0.51	0.51	0.39	0.39	0.34	0.68	-0.58	0.65	0.12	0.36	0.18	0.18

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Hovnanian Enterprises Account Relationship Matchups

Hovnanian Enterprises fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	2.3B	2.6B	2.5B	2.9B	1.8B
Short Long Term Debt Total	1.6B	1.4B	1.3B	1.1B	1.3B	1.2B
Total Stockholder Equity	(436.9M)	174.9M	383.0M	581.7M	523.6M	549.7M
Net Debt	1.3B	1.1B	965.2M	708.9M	815.2M	1.0B
Retained Earnings	(1.2B)	(567.2M)	(352.4M)	(157.2M)	(141.5M)	(148.6M)
Non Current Assets Total	262.0M	708.1M	601.5M	673.2M	774.2M	812.9M
Non Currrent Assets Other	140.6M	202.8M	156.0M	212.8M	191.5M	121.1M
Common Stock Shares Outstanding	6.6M	6.4M	6.7M	6.7M	7.7M	3.8M
Liabilities And Stockholders Equity	1.8B	2.3B	2.6B	2.5B	2.9B	1.8B
Non Current Liabilities Total	1.8B	1.6B	1.6B	1.4B	1.6B	1.2B
Other Stockholder Equity	602.8M	606.8M	600.1M	603.6M	694.1M	728.8M
Total Liab	2.3B	2.1B	2.2B	1.9B	2.2B	1.6B
Other Current Liab	39.4M	23.0M	32.4M	96.7M	111.2M	77.9M
Total Current Liabilities	447.0M	526.7M	549.6M	537.1M	617.7M	467.2M
Property Plant And Equipment Net	18.2M	18.7M	25.8M	59.7M	53.7M	45.2M
Accounts Payable	359.3M	426.4M	440.0M	387.1M	445.2M	264.4M
Cash	262.5M	246.0M	326.2M	434.1M	499.2M	524.2M
Cash And Short Term Investments	262.5M	246.0M	326.2M	434.1M	499.2M	524.2M
Net Receivables	33.7M	39.9M	37.8M	28.0M	32.2M	30.6M
Inventory	1.2B	1.3B	1.5B	1.3B	1.6B	1.3B
Property Plant And Equipment Gross	38.2M	85.1M	77.7M	89.0M	80.1M	49.8M
Total Current Assets	1.6B	1.6B	2.0B	2.0B	2.3B	1.7B
Short Term Debt	6.8M	9M	3.2M	8.5M	7.6M	7.3M
Other Current Assets	73.4M	72.3M	77.3M	215.1M	247.4M	259.8M
Other Liab	289.9M	131.1M	276.5M	175.7M	202.0M	270.5M
Other Assets	29.0M	2.6B	344.8M	(206.7M)	(237.7M)	(225.8M)
Long Term Debt	1.6B	1.4B	1.3B	1.1B	1.0B	865.5M
Property Plant Equipment	38.2M	18.7M	25.8M	59.7M	53.7M	42.4M
Current Deferred Revenue	48.3M	68.3M	74.0M	51.4M	59.1M	48.3M
Net Tangible Assets	(572.2M)	39.6M	247.7M	446.4M	513.4M	539.1M
Retained Earnings Total Equity	(1.2B)	(1.2B)	(567.2M)	(352.4M)	(317.2M)	(333.0M)
Long Term Debt Total	203.6M	1.6B	1.4B	1.3B	1.5B	1.6B
Capital Surpluse	715.5M	718.1M	722.1M	727.7M	836.8M	769.8M
Deferred Long Term Liab	31.2M	34.1M	28.5M	25.9M	29.8M	25.8M

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