New Horizon Aircraft Ltd. (HOVR)
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0.72
5.66%
After-hours Dec 13, 2024, 07:42 PM EST

New Horizon Aircraft Ltd. Statistics

Share Statistics

New Horizon Aircraft Ltd. has 24.58M shares outstanding. The number of shares has increased by null% in one year.

Shares Outstanding 24.58M
Shares Change (YoY) n/a
Shares Change (QoQ) n/a
Owned by Institutions (%) n/a
Shares Floating -
Failed to Deliver (FTD) Shares 90.13K
FTD / Avg. Volume 2.34%

Short Selling Information

The latest short interest is 112.92K, so 0.46% of the outstanding shares have been sold short.

Short Interest 112.92K
Short % of Shares Out 0.46%
Short % of Float 0.66%
Short Ratio (days to cover) 0.15

Valuation Ratios

The PE ratio is -17649.8 and the forward PE ratio is null.

PE Ratio -17649.8
Forward PE null
PS Ratio 0
Forward PS null
PB Ratio -5942.06
P/FCF Ratio -50147.26
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

New Horizon Aircraft Ltd. has an Enterprise Value (EV) of -.

EV / Earnings null
EV / Sales null
EV / EBITDA null
EV / EBIT null
EV / FCF null

Financial Position

The company has a current ratio of 3.5, with a Debt / Equity ratio of 0.

Current Ratio 3.5
Quick Ratio 3.5
Debt / Equity 0
Total Debt / Capitalization 0
Cash Flow / Debt 0
Interest Coverage 0

Financial Efficiency

Return on equity (ROE) is 0.34% and return on capital (ROIC) is 10.58%.

Return on Equity (ROE) 0.34%
Return on Assets (ROA) -1.22%
Return on Capital (ROIC) 10.58%
Revenue Per Employee 0
Profits Per Employee -301.87K
Employee Count 20
Asset Turnover 0
Inventory Turnover 0

Taxes

Income Tax 1.10M
Effective Tax Rate -0.13

Stock Price Statistics

The stock price has increased by -93.58% in the last 52 weeks. The beta is 0, so New Horizon Aircraft Ltd.'s price volatility has been lower than the market average.

Beta 0
52-Week Price Change -93.58%
50-Day Moving Average 0.43
200-Day Moving Average 1.08
Relative Strength Index (RSI) 55.2
Average Volume (20 Days) 3.85M

Income Statement

In the last 12 months, New Horizon Aircraft Ltd. had revenue of $0 and earned -$6.04M in profits. Earnings per share was $0.

Revenue 0
Gross Profit 0
Operating Income -1.67M
Net Income -6.04M
EBITDA -7.83M
EBIT -
Earnings Per Share (EPS) 0
Full Income Statement

Balance Sheet

The company has $1.82M in cash and $74.00K in debt, giving a net cash position of $1.74M.

Cash & Cash Equivalents 1.82M
Total Debt 74.00K
Net Cash 1.74M
Retained Earnings -14.68M
Total Assets 6.24M
Working Capital 4.52M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$2.12M and capital expenditures -$209.00K, giving a free cash flow of -$2.12M.

Operating Cash Flow -2.12M
Capital Expenditures -209.00K
Free Cash Flow -2.12M
FCF Per Share 0
Full Cash Flow Statement

Margins

Gross margin is 0%, with operating and profit margins of 0% and 0%.

Gross Margin 0%
Operating Margin 0%
Pretax Margin 0%
Profit Margin 0%
EBITDA Margin n/a%
EBIT Margin n/a%
FCF Margin n/a%

Dividends & Yields

HOVR does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Payout Ratio n/a
Earnings Yield 0%
FCF Yield -12.69%
Dividend Details

Analyst Forecast

The average price target for HOVR is $2, which is 194.1% higher than the current price. The consensus rating is "Buy".

Price Target $2
Price Target Difference 194.1%
Analyst Consensus Buy
Analyst Count 1
Stock Forecasts

Scores

Altman Z-Score -7.49
Piotroski F-Score 2