New Horizon Aircraft Ltd Total Liabilities
New Horizon Aircraft Ltd total liabilities. Based on the latest financial reports, New Horizon Aircraft Ltd (HOVR) has total liabilities worth $17.52 Million USD as of June 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check HOVR asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of New Horizon Aircraft Ltd (2021–2025)
Total liabilities of New Horizon Aircraft Ltd from 2021 to 2025. This chart illustrates how New Horizon Aircraft Ltd's total liabilities have evolved over time, based on quarterly financial data.
New Horizon Aircraft Ltd Competitors by Total Liabilities
The table below lists competitors of New Horizon Aircraft Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Overseas Commerce Ltd
TA:OVRS
|
Israel | ILA446.32 Million |
|
AimCore Technology Co Ltd
TWO:3615
|
Taiwan | NT$583.32 Million |
|
Pricer AB (publ)
ST:PRIC-B
|
Sweden | Skr1.03 Billion |
|
Shinyoung Waco
KO:005800
|
Korea | ₩39.27 Billion |
|
Sirtec International Co Ltd
TWO:5356
|
Taiwan | NT$1.34 Billion |
|
CENIT Aktiengesellschaft
XETRA:CSH
|
Germany | €102.48 Million |
|
Axcen Photonics
TWO:6530
|
Taiwan | NT$88.84 Million |
Liability Composition Analysis (2021–2025)
This chart breaks down New Horizon Aircraft Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the complete balance sheet picture, see New Horizon Aircraft Ltd assets under control.
Liquidity & Leverage Metrics
New Horizon Aircraft Ltd Total Liabilities Ratios Explained
New Horizon Aircraft Ltd total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 22.76 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.18 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.15 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how New Horizon Aircraft Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for New Horizon Aircraft Ltd (2021–2025)
The table below shows the annual total liabilities of New Horizon Aircraft Ltd from 2021 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $7.99 Million | -65.08% |
| 2024-12-31 | $22.88 Million | 0.00% |
| 2023-12-31 | $22.88 Million | +1153.49% |
| 2022-12-31 | $1.83 Million | -25.26% |
| 2021-12-31 | $2.44 Million | -- |
About New Horizon Aircraft Ltd
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, engages in designing and building hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It also designs and delivers Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquart… Read more