New Horizon Aircraft Ltd (HOVR) - Total Assets
Based on the latest financial reports, New Horizon Aircraft Ltd (HOVR) holds total assets worth $29.91 Million USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore debt repayment capacity of New Horizon Aircraft Ltd to assess how comfortably operating cash covers total debt obligations.
New Horizon Aircraft Ltd - Total Assets Trend (2021–2025)
This chart illustrates how New Horizon Aircraft Ltd's total assets have evolved over time, based on quarterly financial data. See New Horizon Aircraft Ltd (HOVR) shareholders funds for net asset value and shareholders' equity analysis.
New Horizon Aircraft Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
New Horizon Aircraft Ltd's total assets of $29.91 Million consist of 97.2% current assets and 2.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 89.7% |
| Accounts Receivable | $96.00K | 1.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $152.00K | 1.8% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how New Horizon Aircraft Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see HOVR market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: New Horizon Aircraft Ltd's current assets represent 97.2% of total assets in 2025, an increase from 0.6% in 2021.
- Cash Position: Cash and equivalents constituted 89.7% of total assets in 2025, up from 0.4% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2021.
- Asset Diversification: The largest asset category is intangible assets at 1.8% of total assets.
New Horizon Aircraft Ltd Competitors by Total Assets
Key competitors of New Horizon Aircraft Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China CSSC Holdings Ltd
SHG:600150
|
China | CN¥418.46 Billion |
|
Thales S.A.
PA:HO
|
France | €38.89 Billion |
|
Yangzijiang Shipbuilding (Holdings) Ltd
F:B8O
|
Germany | €58.33 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
|
Cosco Shipping Development Co Ltd
SHG:601866
|
China | CN¥135.82 Billion |
|
Inner Mongolia First Machinery Group Co Ltd
SHG:600967
|
China | CN¥22.51 Billion |
|
Exail Technologies S.A.
PA:EXA
|
France | €898.33 Million |
|
Xian Xice Testing Technology Co. Ltd. A
SHE:301306
|
China | CN¥1.57 Billion |
New Horizon Aircraft Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 14.81 | 7.11 | 0.20 |
| Quick Ratio | 14.81 | 7.11 | 0.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $26.80 Million | $8.67 Million | $-352.49K |
New Horizon Aircraft Ltd - Advanced Valuation Insights
This section examines the relationship between New Horizon Aircraft Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 18.79 |
| Latest Market Cap to Assets Ratio | 9.25 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $8.41 Million |
| Market Capitalization | $77.85 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values New Horizon Aircraft Ltd's assets at a significant premium (9.25x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: New Horizon Aircraft Ltd's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for New Horizon Aircraft Ltd (2021–2025)
The table below shows the annual total assets of New Horizon Aircraft Ltd from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $8.41 Million | 0.00% |
| 2024-12-31 | $8.41 Million | +70.15% |
| 2023-12-31 | $4.94 Million | +250.25% |
| 2022-12-31 | $1.41 Million | +21.27% |
| 2021-12-31 | $1.16 Million | -- |
About New Horizon Aircraft Ltd
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Li… Read more