New Horizon Aircraft Ltd Cash Flow Conversion Efficiency
New Horizon Aircraft Ltd cash flow conversion efficiency. Based on the latest financial reports, New Horizon Aircraft Ltd (HOVR) has a cash flow conversion efficiency ratio of -0.066x as of June 2026. 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 ($-6.50 Million) by net assets ($98.21 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of New Horizon Aircraft Ltd (2021–2025)
Cash flow conversion efficiency of New Horizon Aircraft Ltd from 2021 to 2025. This chart illustrates how New Horizon Aircraft Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View New Horizon Aircraft Ltd stock price for real-time trading data and today's change.
New Horizon Aircraft Ltd Cash Flow Conversion Ratio Explained
New Horizon Aircraft Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see New Horizon Aircraft Ltd stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shinyoung Waco
KO:005800
|
0.040x |
|
Pricer AB (publ)
ST:PRIC-B
|
0.149x |
|
AimCore Technology Co Ltd
TWO:3615
|
0.041x |
|
Overseas Commerce Ltd
TA:OVRS
|
0.088x |
|
Klevo Rewards Limited
AU:KLV
|
N/A |
|
Sirtec International Co Ltd
TWO:5356
|
-0.009x |
|
CENIT Aktiengesellschaft
XETRA:CSH
|
-0.014x |
|
Axcen Photonics
TWO:6530
|
0.067x |
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. Review HOVR FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $3.55 Million | $-12.78 Million | -3.595x | -2049.08% |
| 2024-12-31 | $-17.93 Million | $-3.31 Million | 0.184x | 0.00% |
| 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 | -- |
About New Horizon Aircraft Ltd
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, engages in designing and building hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It also designs and delivers Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquart… Read more