Altman Z Score Analysis of Hovnanian Enterprises Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Altman Z Score
Period Ending - Oct-23
Very Poor Altman Z Score
-4.27
Period Ending - Oct-22
Indecisive Altman Z Score
2.08
Growth
-305.34 %
Latest Altman Z Score
Period Ending - 17-Jun-24
Very Poor Altman Z Score
-4.02
Key Inputs in Deriving Altman Z Score
| (Net Working Capital / Total Assets ) * 1.2 ( 132.40 Cr / 249.29 Cr ) * 1.2 | 0.637 |
| (Retained Earning / Total Assets ) * 1.4 ( -15.72 Cr / 249.29 Cr ) * 1.4 | -0.088 |
| (EBIT / Total Assets ) * 3.3 ( -447.92 Cr / 249.29 Cr ) * 3.3 | -5.93 |
| (Total Revenue / Total Assets ) ( 275.60 Cr / 249.29 Cr ) | 1.11 |
| (Market Cap / Total Liabilities ) *.6 ( 81.71 Cr / 191.12 Cr ) *.6 | 0.257 |
| Altman Z Score | -4.02 |
Altman Z Score Analysis of Hovnanian Enterprises Inc
| Altman Z Score Ratio with value of 2.08 was highest in Year Oct-22 in last Five Years. |
| Altman Z Score Ratio with value of -4.27 was lowest in Year Oct-23 in last Five Years. |
| Latest Altman Z Score Ratio with value of -4.27 is lower than Average Altman Z Score of 0.446 in last five years. |
Other Altman Z Score Related Info of HOV that may interest you.
Hovnanian Enterprises Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| HOV | 153.69 | 147.77 | 4.01 % | Residential Construction |
Defination of Altman Z Score
Altman Z Score is a widely used metric by analysts and investors to analyze companies' financial position. It indicates that the companies' risks were increasing, and they may have been heading towards bankruptcy. It does not only indicate whether companies are moving towards bankruptcy, but it also indicates how financially stable and healthy they are. more ..
Altman Z Score Related Ratios
| PiotroskiFScore | DebtToEquityRatio |
Tsr Stability Index
| Poor Stability Stock | |
FY - Historical Altman Z Score of Hovnanian Enterprises Inc
| Period | Oct-23 | Oct-22 | Oct-21 | Oct-20 | Oct-19 | Oct-18 | Oct-17 |
|---|---|---|---|---|---|---|---|
| Altman Z Score | -4.27 | 2.08 | 1.80 | 1.52 | 1.10 | 1.27 | 1.39 |
| Change | -305.34 % | 15.71 % | 18.17 % | 38.44 % | -13.52 % | -8.35 % | 77.32 % |
FY Chart of Altman Z Score of Hovnanian Enterprises Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)