Hovnanian Enterprises Inc (HOV) — Financial Flexibility Index

Latest as of January 2026: 0.08x

Hovnanian Enterprises Inc (HOV) has a Financial Flexibility Index of 0.08x as of January 2026. Free cash flow of $149.65 Million (operating CF $140.89 Million minus capex $8.77 Million) represents 0% of total liabilities ($1.90 Billion). Also explore HOV year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.08x
Free Cash Flow / Total Liabilities

Free Cash Flow

$149.65 Million
Operating CF − Capex

Total Liabilities

$1.90 Billion
USD

Capital Expenditures

$8.77 Million
USD

Hovnanian Enterprises Inc Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Hovnanian Enterprises Inc across 37 annual periods. Check HOV capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Hovnanian Enterprises Inc (1989–2025)

Year-by-year free cash flow to debt coverage for Hovnanian Enterprises Inc. For the full company profile including market capitalisation, see Hovnanian Enterprises Inc stock valuation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.12x $210.38 Million $188.28 Million $1.80 Billion ▲ +407.6%
2024 0.02x $41.50 Million $23.64 Million $1.81 Billion ▼ -81.2%
2023 0.12x $233.51 Million $214.69 Million $1.91 Billion ▲ +160.9%
2022 0.05x $102.06 Million $89.47 Million $2.18 Billion ▼ -53.5%
2021 0.10x $216.16 Million $210.21 Million $2.15 Billion ▼ -23.0%
2020 0.13x $296.21 Million $292.83 Million $2.26 Billion ▲ +226.6%
2019 -0.10x $-245.12 Million $-249.13 Million $2.37 Billion ▼ -254.9%
2018 -0.03x $-61.63 Million $-66.82 Million $2.12 Billion ▼ -122.3%
2017 0.13x $308.06 Million $301.58 Million $2.36 Billion ▼ -17.2%
2016 0.16x $395.00 Million $387.00 Million $2.51 Billion ▲ +235.0%
2015 -0.12x $-318.48 Million $-320.54 Million $2.73 Billion ▼ -50.1%
2014 -0.08x $-187.16 Million $-190.59 Million $2.41 Billion ▼ -1673.9%
2013 0.00x $10.83 Million $9.27 Million $2.19 Billion ▲ +117.3%
2012 -0.03x $-61.94 Million $-67.00 Million $2.17 Billion ▲ +71.0%
2011 -0.10x $-206.59 Million $-207.41 Million $2.10 Billion ▼ -707.2%
2010 0.02x $34.94 Million $32.49 Million $2.16 Billion ▲ +231.0%
2009 -0.01x $-28.98 Million $-29.73 Million $2.34 Billion ▼ -108.7%
2008 0.14x $467.30 Million $462.07 Million $3.28 Billion ▲ +350.5%
2007 0.03x $99.74 Million $61.97 Million $3.16 Billion ▲ +118.0%
2006 -0.18x $-599.20 Million $-650.71 Million $3.41 Billion ▼ -264.5%
2005 0.11x $293.83 Million $-23.94 Million $2.75 Billion ▲ +355.7%
2004 -0.04x $-75.52 Million $-180.31 Million $1.81 Billion ▼ -483.0%
2003 0.01x $15.49 Million $-182.61 Million $1.42 Billion ▼ -95.2%
2002 0.23x $255.44 Million $248.54 Million $1.12 Billion ▲ +259.6%
2001 0.06x $43.85 Million $37.07 Million $688.61 Million ▲ +186.3%
2000 -0.07x $-45.04 Million $-60.65 Million $610.18 Million ▼ -157.6%
1999 0.13x $61.08 Million $35.48 Million $476.50 Million ▼ -23.9%
1998 0.17x $65.30 Million $62.20 Million $387.70 Million ▲ +366.2%
1997 -0.06x $-29.00 Million $-32.20 Million $458.30 Million ▼ -162.2%
1996 0.10x $42.80 Million $36.90 Million $420.50 Million ▲ +812.6%
1995 -0.01x $-6.70 Million $-12.20 Million $469.10 Million ▲ +93.8%
1994 -0.23x $-104.50 Million $-107.70 Million $450.80 Million ▼ -385.5%
1993 -0.05x $-17.60 Million $-22.10 Million $368.60 Million ▲ +60.2%
1992 -0.12x $-37.60 Million $-44.40 Million $313.10 Million ▼ -0.7%
1991 -0.12x $-30.72 Million $-44.42 Million $257.50 Million ▼ -216.5%
1990 0.10x $32.00 Million $30.50 Million $312.50 Million ▲ +559.6%
1989 -0.02x $-7.40 Million $-15.10 Million $332.10 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities