HOVNANIAN ENTERPRISES INC (HOVVB)
HOVNANIAN ENTERPRISES INC (HOVVB)
| Cash Flow | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 |
|---|---|---|---|---|
| Net income | -595 | 20,859 | -667 | 64,532 |
| Depreciation | 3,542 | 3,271 | 5,350 | 8,513 |
| Stock-based compensation | 1,822 | 1,579 | 2,547 | 14,124 |
| Amortization of debt discounts, premiums and deferred financing costs | 2,376 | 2,374 | 400 | -1,777 |
| Gain on sale of property and assets | 3,707 | 25 | -416 | 951 |
| Gain on consolidation of joint venture | 0 | 26,830 | 18,856 | 0 |
| Gain on inventory contributed to joint venture | NaN | 0 | -1 | 22,683 |
| Gain on assets contributed to joint venture | 0 | NaN | NaN | NaN |
| Income from unconsolidated joint ventures | -1,106 | 3,440 | 12,678 | 33,759 |
| Distributions of earnings from unconsolidated joint ventures | 0 | 0 | 948 | 3,460 |
| Gain on extinguishment of debt | 0 | NaN | -33,512 | 399 |
| Noncontrolling interest in consolidated joint ventures | NaN | NaN | 0 | NaN |
| Inventory impairments and land option write-offs | 8,750 | 2,359 | 19,430 | 20,141 |
| Inventories | 84,367 | -180,663 | -137,229 | 45,586 |
| Receivables, deposits and notes | 14,814 | 12,207 | -7,676 | 2,163 |
| Origination of mortgage loans | 401,514 | 336,756 | 482,009 | 1,279,416 |
| Sale of mortgage loans | 369,917 | 357,659 | 500,923 | 1,297,796 |
| Deferred tax assets | -617 | -6,834 | 8,797 | -20,244 |
| Accounts payable, accrued interest and other liabilities | 21,517 | -52,017 | -28,073 | -8,328 |
| Customers deposits | 29,294 | -4,478 | 8,595 | -6,159 |
| State income tax payable | NaN | 1,041 | 3,127 | -8,384 |
| Net cash provided by (used in) operating activities | -67,097 | 140,886 | 169,074 | 19,205 |
| Proceeds from sale of property and assets | 4,159 | 33 | 283 | 1,523 |
| Purchase of property, equipment, and other fixed assets | 3,354 | 8,768 | 5,086 | 17,011 |
| Investment in and advances to unconsolidated joint ventures, net of reimbursements | 2,955 | 51,903 | 644 | 49,572 |
| Distributions of capital from unconsolidated joint ventures | 0 | 0 | 75 | 4,425 |
| Acquisitions of business, net of cash acquired | 0 | -31,517 | NaN | NaN |
| Net cash used in investing activities | -2,150 | -29,121 | -5,372 | -60,635 |
| Proceeds from mortgages and notes | 28,386 | 20,413 | 12,015 | 152,747 |
| Payments related to mortgages and notes | 24,215 | 26,628 | 38,717 | 191,384 |
| Proceeds from model sale leaseback financing programs | 4,493 | 7,440 | 14,601 | 36,978 |
| Payments related to model sale leaseback financing programs | 10,248 | 4,832 | 7,573 | 13,806 |
| Proceeds from land bank financing programs | 53,475 | 12,831 | 26,824 | 159,819 |
| Payments related to land bank financing programs | 30,261 | 24,964 | 25,596 | 85,117 |
| Net proceeds (payments) related to mortgage warehouse lines of credit | 32,064 | -24,832 | -15,550 | -21,504 |
| Proceeds from issuance of unsecured and senior secured notes | NaN | NaN | 900,000 | NaN |
| Payments related to senior notes, senior secured notes and senior unsecured term loan | 0 | NaN | 880,332 | 26,588 |
| Contributions from noncontrolling interest | 1,120 | NaN | NaN | NaN |
| Preferred dividends paid | 2,669 | 2,669 | 2,668 | 8,007 |
| Treasury stock purchases | 9,545 | 9,000 | -58 | 30,302 |
| Deferred financing costs from land banking financing programs and note issuances | 753 | 384 | 22,931 | 3,353 |
| Net cash used in financing activities | 41,847 | -52,625 | -39,869 | -30,517 |
| Net increase (decrease) in cash and cash equivalents, and restricted cash and cash equivalents | -27,400 | 59,140 | 123,833 | -71,947 |
| Cash and cash equivalents, and restricted cash and cash equivalents balance, beginning of period | 377,787 | 318,647 | 266,761 | NaN |
| Cash and cash equivalents, and restricted cash and cash equivalents balance, end of period | 350,387 | 377,787 | 318,647 | NaN |