The starting point of this paper is the computation of minimal hyperbolic polynomials of duals of cones arising from chordal sparsity patterns. From that, we investigate the relation between ranks of homogeneous cones and their minimal polynomials. Along the way, we answer in the negative a question posed in an earlier paper and show examples of homogeneous cones that cannot be realized as rank-one generated (ROG) hyperbolicity cones.