New Horizon Aircraft Ltd (HOVR) — Defensive Interval Ratio
New Horizon Aircraft Ltd (HOVR) has a Defensive Interval Ratio of 55 days as of March 2026. Defensive assets of $291.26K (cash $-, short-term investments $-, receivables $291.26K) cover 55 days of daily cash needs of $5.32K/day. See HOVR net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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 March 2026, the ratio stands at 55 days, meaning defensive assets of $291.26K can fund 55 days of operations without new revenue. See debt-free asset ratio of New Horizon Aircraft Ltd to measure how much of total assets are equity-financed.
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. For live market cap and the full company financial profile, see HOVR company net worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 26 days | $96.00K | $3.63K/day | $- | $- | ▲ +0 days |
| 2024 | 26 days | $96.00K | $3.63K/day | $- | $- | ▼ -581 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 | $- | $- | — |