New Horizon Aircraft Ltd (HOVR) — Cash Flow Quality Index

Latest as of December 2024: -0.14x

New Horizon Aircraft Ltd (HOVR) has a Cash Flow Quality Index of -0.14x as of December 2024. Operating cash flow of $-2.71 Million is below net income of $19.66 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore HOVR total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

-0.14x
Operating CF / Net Income

Operating Cash Flow

$-2.71 Million
USD

Net Income

$19.66 Million
USD

Data as of

Dec 2024
Most recent filing

New Horizon Aircraft Ltd Cash Flow Quality Index (2024–2025)

Historical Cash Flow Quality Index for New Horizon Aircraft Ltd across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check HOVR goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for New Horizon Aircraft Ltd (2024–2025)

Year-by-year earnings quality comparison for New Horizon Aircraft Ltd. For live market cap and the full company financial profile, see market value of New Horizon Aircraft Ltd.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 -1.79x $-9.31 Million $5.20 Million ▲ +0.0%
2024 -1.79x $-9.31 Million $5.20 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.