New Horizon Aircraft Ltd. (HOVR)
New Horizon Aircraft Statistics
Share Statistics
New Horizon Aircraft has 31.39M shares outstanding. The number of shares has increased by 67.84% in one year.
| Shares Outstanding | 31.39M |
| Shares Change (YoY) | 67.84% |
| Shares Change (QoQ) | 27.08% |
| Owned by Institutions (%) | n/a |
| Shares Floating | n/a |
| Failed to Deliver (FTD) Shares | 7,389 |
| FTD / Avg. Volume | 2.81% |
Short Selling Information
| Short Interest | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Valuation Ratios
The PE ratio is -29.41 and the forward PE ratio is -4.87. New Horizon Aircraft's PEG ratio is 0.
| PE Ratio | -29.41 |
| Forward PE | -4.87 |
| PS Ratio | 0 |
| Forward PS | 0.1 |
| PB Ratio | -9.9 |
| P/FCF Ratio | -83.55 |
| PEG Ratio | 0 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for New Horizon Aircraft.
| 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 |
| Debt / EBITDA | -0.01 |
| Debt / FCF | -0.03 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | n/a |
| Profits Per Employee | $-301,870.4 |
| Employee Count | 20 |
| Asset Turnover | 0 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 1.1M |
| Effective Tax Rate | -13.42% |
Stock Price Statistics
The stock price has increased by -76.3% in the last 52 weeks. The beta is 0.75, so New Horizon Aircraft's price volatility has been higher than the market average.
| Beta | 0.75 |
| 52-Week Price Change | -76.3% |
| 50-Day Moving Average | 0.49 |
| 200-Day Moving Average | 0.61 |
| Relative Strength Index (RSI) | 51.23 |
| Average Volume (20 Days) | 263,101 |
Income Statement
| Revenue | n/a |
| Gross Profit | n/a |
| Operating Income | -1.67M |
| Net Income | -6.04M |
| EBITDA | -7.83M |
| EBIT | n/a |
| Earnings Per Share (EPS) | -0.34 |
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 | 10.33M |
| Working Capital | 8.67M |
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 | -0.12 |
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 | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for HOVR is $2, which is 300% higher than the current price. The consensus rating is "Buy".
| Price Target | $2 |
| Price Target Difference | 300% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
Scores
| Altman Z-Score | -0.04 |
| Piotroski F-Score | 6 |