New Horizon Aircraft Ltd
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Li… Read more
New Horizon Aircraft Ltd (HOVR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2025: -0.180x
Based on the latest financial reports, New Horizon Aircraft Ltd (HOVR) has a cash flow conversion efficiency ratio of -0.180x as of December 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-2.61 Million) by net assets ($14.47 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
New Horizon Aircraft Ltd - Cash Flow Conversion Efficiency Trend (2021–2025)
This chart illustrates how New Horizon Aircraft Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
New Horizon Aircraft Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of New Horizon Aircraft Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DingZing Advanced Materials Inc.
TW:6585
|
0.008x |
|
Korea Air Svc
KO:005430
|
0.058x |
|
IBU tec advanced materials AG
XETRA:IBU
|
0.004x |
|
Intelligent Digital Integrated Security Co. Ltd
KQ:143160
|
0.041x |
|
Indointernet Tbk PT
JK:EDGE
|
0.095x |
|
Global Lithium Resources Ltd
AU:GL1
|
-0.016x |
|
Codes Combine Co. Ltd
KQ:047770
|
-0.020x |
|
Derluks Yatirim Holding AS
IS:DERHL
|
-0.015x |
Annual Cash Flow Conversion Efficiency for New Horizon Aircraft Ltd (2021–2025)
The table below shows the annual cash flow conversion efficiency of New Horizon Aircraft Ltd from 2021 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $2.59 Million | $-9.31 Million | -3.595x | 0.00% |
| 2024-12-31 | $2.59 Million | $-9.31 Million | -3.595x | -2049.08% |
| 2023-12-31 | $-17.93 Million | $-3.31 Million | 0.184x | -92.45% |
| 2022-12-31 | $-413.49K | $-1.01 Million | 2.443x | +92.27% |
| 2021-12-31 | $-1.28 Million | $-1.62 Million | 1.270x | -- |