| Balance Sheets | 2025-10-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 272,772 | |||
| Restricted cash and cash equivalents | 12,608 | |||
| Sold and unsold homes and lots under development | 1,132,798 | |||
| Land and land options held for future development or sale | 171,793 | |||
| Consolidated inventory not owned | 332,879 | |||
| Total inventories | 1,637,470 | |||
| Investments in and advances to unconsolidated joint ventures | 163,469 | |||
| Receivables, deposits and notes, net | 26,454 | |||
| Property, plant and equipment, gross | 111,566 | |||
| Less accumulated depreciation | 61,027 | |||
| Property and equipment, net | 50,539 | |||
| Prepaid expenses and other assets | 89,773 | |||
| Total assets excluding deferred tax assets, net-Home Building | 2,253,085 | |||
| Total assets excluding deferred tax assets, net-Financial Service | 151,211 | |||
| Deferred tax assets, net | 229,617 | |||
| Total assets | 2,633,913 | |||
| Nonrecourse mortgages secured by inventory, net of debt issuance costs | 29,494 | |||
| Accounts payable and other liabilities | 438,698 | |||
| Customers deposits | 46,376 | |||
| Liabilities from inventory not owned, net of debt issuance costs | 244,723 | |||
| Senior notes and credit facilities (net of discounts, premiums and debt issuance costs) | 900,718 | |||
| Accrued interest | 11,874 | |||
| Total liabilities excluding income taxes payable-Home Building | 1,671,883 | |||
| Total liabilities excluding income taxes payable-Financial Service | 130,873 | |||
| Income taxes payable | 222 | |||
| Total liabilities | 1,802,978 | |||
| Preferred stock, 0.01 par value - authorized 100,000 shares issued and outstanding 5,600 shares with a liquidation preference of 140,000 at october 31, 2025 and october 31, 2024 | 135,299 | |||
| Common stock-Common Class A | 65 | |||
| Common stock-Common Class B | 8 | |||
| Paid in capital - common stock | 757,391 | |||
| Retained earnings | 127,326 | |||
| Treasury stock - at cost 1,348,087 shares of class a common stock at october 31, 2025 and 1,090,179 shares at october 31, 2024 27,669 shares of class b common stock at october 31, 2025 and october 31, 2024 | 189,154 | |||
| Total equity | 830,935 | |||
| Total liabilities and equity | 2,633,913 | |||
HOVNANIAN ENTERPRISES INC (HOVNP)
HOVNANIAN ENTERPRISES INC (HOVNP)