New Horizon Aircraft Ltd (HOVR) — Tangible Net Worth Ratio
New Horizon Aircraft Ltd (HOVR) has a Tangible Net Worth Ratio of 99.8% as of June 2026. This metric is calculated by deducting intangible assets ($209.93K) from net assets ($98.21 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore New Horizon Aircraft Ltd (HOVR) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
New Horizon Aircraft Ltd Tangible Net Worth Ratio (2025–2025)
This chart shows how New Horizon Aircraft Ltd's Tangible Net Worth Ratio has changed across 1 annual periods from 2025 to 2025. As of June 2026, the ratio stands at 99.8%, reflecting net assets of $98.21 Million with intangible assets of $209.93K USD. For live market cap and overall valuation, see HOVR stock market capitalisation.
Annual Tangible Net Worth Ratio for New Horizon Aircraft Ltd (2025–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for New Horizon Aircraft Ltd from 2025 to 2025, covering 1 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore HOVR capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.1% | $3.55 Million | $208.57K | $11.54 Million | — |