New Horizon Aircraft Ltd (HOVR) — Financial Flexibility Index

Latest as of June 2026: -0.36x

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). Check total reinvestment intensity of New Horizon Aircraft Ltd to assess the company's total reinvestment commitment from operating cash flow.

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

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

Historical Financial Flexibility Index trend for New Horizon Aircraft Ltd across 5 annual periods. For the full cash flow conversion analysis, see cash flow conversion of New Horizon Aircraft Ltd.

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. Explore New Horizon Aircraft Ltd (HOVR) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

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