Hovnanian enterprises inc (HOVNP)
Balance Sheet / TTM
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Oct'10
Cash and cash equivalents

-

-

-

-

-

-

221

253

282

-

285

-

-

346

-

129

152

-

213

261

273

261

183

245

288

329

-

-

-

273

233

207

169

250

282

367

Cash and cash equivalents

-

-

-

-

-

-

221

253

282

-

285

280

201

346

190

129

152

253

213

261

273

261

183

245

288

329

-

-

-

273

233

207

169

250

282

367

Income taxes receivable  including net deferred tax benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

2

-

-

-

-

-

-

-

Restricted cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

25

24

24

22

21

25

26

26

26

23

24

29

25

28

23

31

24

49

51

64

-

-

-

77

-

-

Specific performance options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in and advances to unconsolidated joint ventures

-

-

-

-

-

123

-

-

-

115

-

-

-

100

-

-

-

61

-

-

-

-

-

-

-

-

54

52

53

-

59

-

-

57

-

-

Property, plant and equipment, net

-

-

-

-

-

20

-

-

-

52

-

-

-

50

-

-

-

45

-

-

-

-

-

-

-

-

-

-

-

48

-

-

-

53

-

-

Assets

1,790

1,881

1,795

1,755

1,623

1,662

1,668

1,642

1,645

1,900

1,822

2,133

2,145

2,354

2,388

2,518

2,552

2,602

2,549

2,516

2,461

2,289

1,893

1,838

1,787

1,759

1,664

1,618

1,580

1,684

1,624

1,517

1,501

1,602

1,697

1,817

Income taxes receivable including net deferred tax benefits (Note 11)

-

-

-

-

-

-

-

-

-

-

0

284

283

283

293

294

287

290

-

-

290

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

1,790

1,881

1,795

1,755

1,623

1,662

1,668

1,642

1,645

1,900

1,822

2,133

-

2,354

2,388

2,518

2,552

-

2,549

2,516

2,461

2,289

1,893

1,838

1,787

1,759

1,664

1,618

1,580

1,684

1,624

1,517

1,501

1,602

1,697

1,817

Nonrecourse mortgages, net of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

978

978

977

-

967

-

-

786

-

-

Liabilities from inventory not owned, net of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

-

-

3

2

2

-

-

-

-

-

-

-

-

-

-

-

Revolving and term loan credit facilities, net of debt issuance costs

-

-

-

-

-

-

-

-

52

-

-

-

-

-

52

50

47

47

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior notes and credit facilities (net of discount, premium and debt issuance costs)

1,460

1,479

-

-

-

1,439

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities

2,289

2,371

2,288

2,239

2,094

2,115

2,169

2,142

2,137

2,361

2,293

2,267

2,273

2,483

2,540

2,670

2,695

2,730

2,700

2,663

2,591

2,407

2,336

2,301

2,243

2,191

2,131

2,097

2,061

2,169

2,029

1,972

2,015

2,098

2,097

2,155

Senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

459

459

458

-

458

481

565

-

827

711

TEU senior subordinated amortizing notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

4

5

-

7

7

12

13

-

-

Accrued interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30

39

29

40

30

39

31

32

27

32

26

28

25

30

28

20

31

18

32

21

34

23

Liabilities

2,289

2,371

2,288

2,239

2,094

2,115

2,169

2,142

2,137

2,361

2,293

2,267

-

2,483

2,540

2,670

2,695

-

2,700

2,663

2,591

2,407

2,336

2,301

2,243

2,191

2,131

2,097

2,061

2,169

2,029

1,972

2,015

2,098

2,097

2,155

Mortgage warehouse lines of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26

23

-

-

-

-

-

-

-

Income taxes payable

4

2

1

2

3

3

2

1

2

2

1

-

-

0

-

-

-

-

-

-

-

-

2

3

3

3

2

-

-

6

6

42

42

41

35

17

Total notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,670

1,764

1,750

1,935

1,938

1,948

1,938

1,689

1,683

1,688

1,704

1,557

1,552

1,559

1,557

1,562

1,464

1,474

1,576

1,624

1,663

1,640

Preferred stock, $0.01 par value - authorized 100,000 shares; issued and outstanding 5,600 shares with a liquidation preference of $140,000 at January 31, 2020 and October 31, 2019

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

135

Paid in capital – common stock

715

715

710

711

709

710

707

707

706

706

707

707

706

706

704

704

704

703

705

703

700

697

695

692

690

689

688

685

684

668

665

649

592

591

590

463

Accumulated deficit

-1,235

-1,225

-1,224

-1,216

-1,201

-1,183

-1,230

-1,229

-1,219

-1,188

-1,200

-863

-856

-856

-878

-877

-869

-853

-878

-871

-851

-837

-1,159

-1,176

-1,168

-1,144

-1,177

-1,185

-1,187

-1,175

-1,091

-1,125

-1,127

-1,109

-1,011

-823

Treasury stock – at cost – 470,430 shares of Class A common stock and 27,669 shares of Class B common stock at January 31, 2020 and October 31, 2019

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

115

-115

-115

-115

115

115

115

115

115

115

115

Total Hovnanian Enterprises, Inc. stockholders' equity deficit

-499

-490

-493

-485

-470

-453

-500

-499

-491

-460

-471

-133

-128

-128

-151

-152

-143

-128

-

-

-

-

-443

-462

-456

-433

-467

-478

-481

-485

-404

-455

-513

-496

-399

-338

Noncontrolling interest in consolidated joint ventures

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

Total equity deficit

-499

-489

-493

-484

-

-453

-

-

-

-

-

-

-

-

-

-

-

-

-151

-146

-129

-117

-443

-462

-456

-432

-467

-478

-481

-485

-404

-454

-513

-496

-399

-337

Total liabilities and equity

1,790

1,881

1,795

1,755

1,623

1,662

1,668

1,642

1,645

1,900

1,822

2,133

2,145

2,354

2,388

2,518

2,552

2,602

2,549

2,516

2,461

2,289

1,893

1,838

1,787

1,759

1,664

1,618

1,580

1,684

1,624

1,517

1,501

1,602

1,697

1,817

Homebuilding [Member]
Cash and cash equivalents

81

130

83

123

113

187

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash and cash equivalents

19

20

16

17

12

12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sold and unsold homes and lots under development

1,009

993

1,106

993

970

878

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Land and land options held for future development or sale

81

108

69

120

95

111

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consolidated inventory not owned

205

190

179

154

112

87

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total inventories

1,295

1,292

1,354

1,268

1,178

1,078

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in and advances to unconsolidated joint ventures

135

127

134

135

128

123

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivables, deposits and notes, net

49

44

32

29

32

35

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, plant and equipment, net

19

20

20

20

20

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

71

45

43

41

42

39

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets

1,672

1,682

1,686

1,635

1,529

1,497

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and other liabilities

306

320

324

285

266

304

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customers’ deposits

33

35

40

37

30

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities from inventory not owned, net of debt issuance costs

152

141

138

123

82

63

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revolving and term loan credit facilities, net of debt issuance costs

-

-

201

201

237

201

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior notes and credit facilities (net of discount, premium and debt issuance costs)

1,460

1,479

1,284

1,298

1,278

1,273

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest

30

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities

2,189

2,199

2,197

2,137

2,016

1,968

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial Services [Member]
Cash and cash equivalents

4

-

3

5

4

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash and cash equivalents

22

24

20

21

22

25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets

117

199

109

119

94

164

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities

96

169

89

100

74

143

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Class A [Member]
Common stock

0

0

0

0

1

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Class B [Member]
Common stock

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-