What does restricted cash mean?

Cash restricted for specific purposes by contractual, regulatory, or legal requirements — not available for general corporate use.

Hovnanian Enterprises, Inc. HOV Restricted Cash

Discontinued — last reported Q4 '17

Restricted Cash at other companies

PultegroupPHM

$36.37M-9.6%

D.R. HortonDHI

$56.3M+20.6%

Dream Finders HomesDFH

$43.64M-13.8%

Century CommunitiesCCS

$30.33M-7.6%

Beazer Homes USA, Inc.BZH

$3.96M-83.1%

Green Brick PartnersGRBK

$32.1M+0.8%

Segments

By segment

See full

Financial Services$24.5M-22.2%

By product

See full

Home Building$9.94M+10.0%

Other financials

Income statement

See full

Revenue$667.6M-2.7%

Net income-$284.0K-101%

EPS (diluted)-$0.46-119%

Balance sheet

See full

Cash & equivalents$8.8M-28.5%

Total debt$942.7M+6.2%

Total equity$824.9M+0.6%

Total assets$2.8B+10.8%

Cash flow

See full

Operating cash flow$140.9M+352%

CapEx$3.4M-46.9%

Free cash flow$132.1M+322%

Valuation

See full

Market cap$831.36M+50.5%

Enterprise value$1.77B+23.6%

P/E22.4×+19.8×

P/S0.3×+0.1×

Profitability

See full

Net margin1.3%-5.8pp

FCF margin12.2%+10.9pp

Returns & leverage

See full

Return on equity4.5%-24.8pp

Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Hovnanian Enterprises, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RestrictedCashAndCashEquivalents.

The official record: Hovnanian Enterprises, Inc.’s 10-K, filed December 28, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does restricted cash mean?: Cash restricted for specific purposes by contractual, regulatory, or legal requirements — not available for general corporate use.