Hovnanian Enterprises (HOVNP) Operating Interest Expenses (2010 - 2018)

Hovnanian Enterprises (HOVNP) has reported Operating Interest Expenses for 9 consecutive years, with $8.3 million the latest figure, recorded in Q1 2018.

• For the quarter ending Q1 2018, Operating Interest Expenses rose 21.68% year-over-year to $8.3 million; the trailing twelve-month figure through Jan 2018 stood at $33.8 million (down 5.45% YoY), and the FY2017 full-year result was $32.3 million, down 12.92% from the prior year.
• Operating Interest Expenses fell to $8.3 million in Q1 2018 per HOVNP's latest filing, from $9.3 million in the prior quarter.
• Across five years, Operating Interest Expenses topped out at $10.4 million in Q4 2016 and bottomed at $6.7 million in Q1 2014.
• Historically, Operating Interest Expenses has averaged $8.1 million across 5 years, with a median of $8.2 million in 2016.
• The sharpest annual moves came in 2016 and 2017: Operating Interest Expenses advanced 28.1% in 2016, then slipped 23.48% in 2017.
• Over 5 years, Operating Interest Expenses stood at $8.0 million in 2014, then increased by 10.94% to $8.9 million in 2015, then advanced by 16.76% to $10.4 million in 2016, then slipped by 10.88% to $9.3 million in 2017, then slipped by 9.96% to $8.3 million in 2018.
• According to Business Quant data, Operating Interest Expenses over the past three periods registered $8.3 million, $9.3 million, and $8.9 million for Q1 2018, Q4 2017, and Q3 2017 respectively.