New Horizon Aircraft Ltd (HOVR) — Financial Flexibility Index

Latest as of March 2026: -0.86x

New Horizon Aircraft Ltd (HOVR) has a Financial Flexibility Index of -0.86x as of March 2026. Free cash flow of $-9.11 Million (operating CF $-9.31 Million minus capex $191.11K) represents -1% of total liabilities ($10.62 Million). Also explore New Horizon Aircraft Ltd annual equity growth to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.86x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-9.11 Million
Operating CF − Capex

Total Liabilities

$10.62 Million
USD

Capital Expenditures

$191.11K
USD

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

Historical Financial Flexibility Index trend for New Horizon Aircraft Ltd across 5 annual periods. Check New Horizon Aircraft Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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

Year-by-year free cash flow to debt coverage for New Horizon Aircraft Ltd. For the full company profile including market capitalisation, see HOVR stock market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -1.58x $-9.17 Million $-9.31 Million $5.82 Million ▲ +0.0%
2024 -1.58x $-9.17 Million $-9.31 Million $5.82 Million ▼ -1062.7%
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