Balance Sheet Data
Hovnanian Enterprises, Inc. PFD DEP... (HOVNP)
$19.6
+0.76 (+4.03%)
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Total Cash | 469.32 | 187.87 | 130.98 | 262.49 | 245.97 | 320.10 | 334.07 | 348.64 | 363.85 | 379.72 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 58.15 | 35.19 | 44.91 | 33.69 | 39.93 | 53.66 | 56 | 58.44 | 60.99 | 63.65 |
| Account Receivables (%) | ||||||||||
| Inventories | 1,009.83 | 1,078.16 | 1,292.48 | 1,195.77 | 1,254.26 | 1,484.10 | 1,548.84 | 1,616.41 | 1,686.92 | 1,760.51 |
| Inventories (%) | ||||||||||
| Accounts Payable | 128.84 | 127.80 | 141.67 | 148.54 | 163.90 | 179.62 | 187.46 | 195.64 | 204.17 | 213.08 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -6.48 | -5.19 | -4 | -3.38 | -5.94 | -6.28 | -6.55 | -6.84 | -7.14 | -7.45 |
| Capital Expenditure (%) |
To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows)
and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.