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 $-3.79 Million is below net income of $27.50 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore New Horizon Aircraft Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.14x
Operating CF / Net Income

Operating Cash Flow

$-3.79 Million
USD

Net Income

$27.50 Million
USD

Data as of

Dec 2024
Most recent filing

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

Historical Cash Flow Quality Index for New Horizon Aircraft Ltd across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see HOVR cash flow metrics.

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

Year-by-year earnings quality comparison for New Horizon Aircraft Ltd.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 -1.79x $-12.78 Million $7.14 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.