New Horizon Aircraft Ltd. (HOVR)
New Horizon Aircraft Ltd. Statistics
Share Statistics
New Horizon Aircraft Ltd. has 31.23M shares outstanding. The number of shares has increased by 7.14% in one year.
| Shares Outstanding | 31.23M |
| Shares Change (YoY) | 7.14% |
| Shares Change (QoQ) | 14.8% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 22.2M |
| Failed to Deliver (FTD) Shares | 3.51K |
| FTD / Avg. Volume | 0.5% |
Short Selling Information
The latest short interest is 902.29K, so 2.89% of the outstanding shares have been sold short.
| Short Interest | 902.29K |
| Short % of Shares Out | 2.89% |
| Short % of Float | 5.18% |
| Short Ratio (days to cover) | 0.22 |
Valuation Ratios
The PE ratio is -17649.8 and the forward PE ratio is -1.45. New Horizon Aircraft Ltd.'s PEG ratio is 0.
| PE Ratio | -17649.8 |
| Forward PE | -1.45 |
| PS Ratio | 0 |
| Forward PS | 0.2 |
| PB Ratio | -5942.06 |
| P/FCF Ratio | -50147.26 |
| PEG Ratio | 0 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for New Horizon Aircraft Ltd..
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
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 | -0.41 |
| Cash Flow / Debt | -28.72 |
| 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 | $-301,870.4 |
| Employee Count | 20 |
| Asset Turnover | 0 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 1.1M |
| Effective Tax Rate | -0.13 |
Stock Price Statistics
The stock price has increased by -77.92% in the last 52 weeks. The beta is 0.99, so New Horizon Aircraft Ltd.'s price volatility has been higher than the market average.
| Beta | 0.99 |
| 52-Week Price Change | -77.92% |
| 50-Day Moving Average | 0.59 |
| 200-Day Moving Average | 0.63 |
| Relative Strength Index (RSI) | 44.46 |
| Average Volume (20 Days) | 706.64K |
Income Statement
| Revenue | n/a |
| Gross Profit | 0 |
| Operating Income | -1.67M |
| Net Income | -6.04M |
| EBITDA | -7.83M |
| EBIT | n/a |
| Earnings Per Share (EPS) | 0 |
Balance Sheet
The company has 1.82M in cash and 74K in debt, giving a net cash position of 1.74M.
| Cash & Cash Equivalents | 1.82M |
| Total Debt | 74K |
| Net Cash | 1.74M |
| Retained Earnings | -14.68M |
| Total Assets | 1.96M |
| Working Capital | 1.12M |
Cash Flow
In the last 12 months, operating cash flow was -2.12M and capital expenditures -209K, giving a free cash flow of -2.12M.
| Operating Cash Flow | -2.12M |
| Capital Expenditures | -209K |
| Free Cash Flow | -2.12M |
| FCF Per Share | 0 |
Margins
| Gross Margin | n/a |
| Operating Margin | n/a |
| Pretax Margin | n/a |
| Profit Margin | n/a |
| 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 | -12.84% |
Analyst Forecast
The average price target for HOVR is $2, which is 277.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $2 |
| Price Target Difference | 277.4% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
Scores
| Altman Z-Score | -14.79 |
| Piotroski F-Score | 4 |