New Horizon Aircraft Ltd (HOVR) — Defensive Interval Ratio
New Horizon Aircraft Ltd (HOVR) has a Defensive Interval Ratio of 80 days as of June 2026. Defensive assets of $1.10 Million (cash $-, short-term investments $-, receivables $1.10 Million) cover 80 days of daily cash needs of $13.77K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
New Horizon Aircraft Ltd Defensive Interval Ratio (2021–2025)
This chart shows how New Horizon Aircraft Ltd's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at 80 days, meaning defensive assets of $1.10 Million can fund 80 days of operations without new revenue. For the complete balance sheet picture, see how large is New Horizon Aircraft Ltd's balance sheet.
Annual Defensive Interval Ratio for New Horizon Aircraft Ltd (2021–2025)
The table below presents the year-by-year Defensive Interval Ratio for New Horizon Aircraft Ltd from 2021 to 2025, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See New Horizon Aircraft Ltd (HOVR) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 26 days | $131.73K | $4.98K/day | $- | $- | ▼ -88 days |
| 2024 | 114 days | $417.00K | $3.65K/day | $- | $- | ▼ -493 days |
| 2023 | 607 days | $2.22 Million | $3.65K/day | $- | $1.80 Million | ▲ +603 days |
| 2022 | 4 days | $15.00K | $4.08K/day | $- | $- | ▲ +4 days |
| 2021 | 0 days | $0.00 | $916.32/day | $- | $- | — |