New Horizon Aircraft Ltd Financial Flexibility Index

Latest as of June 2026: -0.36x

New Horizon Aircraft Ltd financial flexibility index. New Horizon Aircraft Ltd (HOVR) has a Financial Flexibility Index of -0.36x as of June 2026. Free cash flow of $-6.28 Million (operating CF $-6.50 Million minus capex $212.70K) represents 0% of total liabilities ($17.52 Million). See HOVR FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Financial Flexibility Index

-0.36x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-6.28 Million
Operating CF − Capex

Total Liabilities

$17.52 Million
USD

Capital Expenditures

$212.70K
USD

Financial Flexibility Index of New Horizon Aircraft Ltd (2021–2025)

Financial flexibility index of New Horizon Aircraft Ltd from 2021 to 2025. Historical Financial Flexibility Index trend for New Horizon Aircraft Ltd across 5 annual periods. Check New Horizon Aircraft Ltd (HOVR) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

New Horizon Aircraft Ltd Financial Flexibility Index by Year (2021–2025)

New Horizon Aircraft Ltd financial flexibility index by year from 2021 to 2025. Year-by-year free cash flow to debt coverage for New Horizon Aircraft Ltd. For the full cash flow conversion analysis, see New Horizon Aircraft Ltd operating cash flow efficiency.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -1.58x $-12.58 Million $-12.78 Million $7.99 Million ▼ -1062.7%
2024 -0.14x $-3.10 Million $-3.31 Million $22.88 Million ▲ +0.0%
2023 -0.14x $-3.10 Million $-3.31 Million $22.88 Million ▲ +73.5%
2022 -0.51x $-932.76K $-1.01 Million $1.83 Million ▲ +16.4%
2021 -0.61x $-1.49 Million $-1.62 Million $2.44 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities