New Horizon Aircraft Ltd (HOVR) — Capital Reinvestment Ratio

Latest as of December 2023: 0.18x

New Horizon Aircraft Ltd (HOVR) has a Capital Reinvestment Ratio of 0.18x as of December 2023, meaning it reinvests 0% of its operating cash flow ($580.00) in capital expenditures ($104.00). Check New Horizon Aircraft Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.18x

Capex / Operating Cash Flow

Operating Cash Flow

$580.00

USD

Capital Expenditures

$104.00

USD

Data as of

Dec 2023

Most recent filing

Annual Capital Reinvestment Ratio for New Horizon Aircraft Ltd (None–None)

Year-by-year Capital Reinvestment Ratio for New Horizon Aircraft Ltd from None to None. See New Horizon Aircraft Ltd (HOVR) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Year	Reinvestment Ratio	Operating CF (USD)	Capital Expenditures	YoY Change

Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow