New Horizon Aircraft Ltd. (HOVR)
NASDAQ: HOVR · Real-Time Price · USD
0.460
-0.024 (-4.96%)
Nov 21, 2024, 11:19 AM EST - Market open

New Horizon Aircraft Statistics

Total Valuation

HOVR has a market cap or net worth of $11.30 million. The enterprise value is $9.11 million.

Market Cap 11.30M
Enterprise Value 9.11M

Important Dates

The last earnings date was Thursday, October 10, 2024, before market open.

Earnings Date Oct 10, 2024
Ex-Dividend Date n/a

Share Statistics

HOVR has 24.57 million shares outstanding. The number of shares has increased by 107.55% in one year.

Current Share Class 24.57M
Shares Outstanding 24.57M
Shares Change (YoY) +107.55%
Shares Change (QoQ) +3.23%
Owned by Insiders (%) 13.83%
Owned by Institutions (%) 6.42%
Float 15.89M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio n/a
Forward PS n/a
PB Ratio n/a
P/TBV Ratio n/a
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

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 4.05

Current Ratio 4.05
Quick Ratio 2.62
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -55.59

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -114.97%
Return on Capital (ROIC) n/a
Revenue Per Employee n/a
Profits Per Employee -$394,788
Employee Count 20
Asset Turnover n/a
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

Beta (5Y) n/a
52-Week Price Change n/a
50-Day Moving Average 0.41
200-Day Moving Average 1.15
Relative Strength Index (RSI) 59.36
Average Volume (20 Days) 8,027,443

Short Selling Information

The latest short interest is 112,923, so 0.46% of the outstanding shares have been sold short.

Short Interest 112,923
Short Previous Month 122,581
Short % of Shares Out 0.46%
Short % of Float 0.71%
Short Ratio (days to cover) 0.15

Income Statement

Revenue n/a
Gross Profit n/a
Operating Income -5.15M
Pretax Income n/a
Net Income -7.90M
EBITDA -5.09M
EBIT -5.15M
Earnings Per Share (EPS) -$0.55
Full Income Statement

Balance Sheet

The company has $2.83 million in cash and $45,203 in debt, giving a net cash position of $2.79 million or $0.11 per share.

Cash & Cash Equivalents 2.83M
Total Debt 45,203
Net Cash 2.79M
Net Cash Per Share $0.11
Equity (Book Value) -16.40M
Book Value Per Share -0.76
Working Capital 3.35M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$3.24 million and capital expenditures -$143,020, giving a free cash flow of -$3.28 million.

Operating Cash Flow -3.24M
Capital Expenditures -143,020
Free Cash Flow -3.28M
FCF Per Share -$0.13
Full Cash Flow Statement

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
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -107.55%
Shareholder Yield -107.55%
Earnings Yield -70.80%
FCF Yield -29.38%

Analyst Forecast

The average price target for HOVR is $2.00, which is 334.78% higher than the current price. The consensus rating is "Strong Buy".

Price Target $2.00
Price Target Difference 334.78%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 2