New Horizon Aircraft Ltd (HOVR) — Working Capital to Net Assets Ratio
New Horizon Aircraft Ltd (HOVR) has a Working Capital to Net Assets ratio of 139.0% as of March 2026. Working capital of $26.80 Million (current assets of $28.75 Million minus current liabilities of $1.94 Million) is measured against net assets of $19.29 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See HOVR financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
New Horizon Aircraft Ltd Working Capital to Net Assets (2021–2025)
This chart shows how New Horizon Aircraft Ltd's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 139.0%, reflecting working capital of $26.80 Million against net assets of $19.29 Million USD. See how many days can New Horizon Aircraft Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for New Horizon Aircraft Ltd (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for New Horizon Aircraft Ltd from 2021 to 2025, covering 5 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see New Horizon Aircraft Ltd (HOVR) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 264.4% | $6.85 Million | $2.59 Million | $8.17 Million | $1.33 Million | ▲ +0.0 pp |
| 2024 | 264.4% | $6.85 Million | $2.59 Million | $8.17 Million | $1.33 Million | ▲ +282.9 pp |
| 2023 | -18.6% | $3.33 Million | $-17.93 Million | $4.66 Million | $1.33 Million | ▼ -319.2 pp |
| 2022 | 300.6% | $-1.24 Million | $-413.49K | $245.48K | $1.49 Million | ▲ +275.0 pp |
| 2021 | 25.6% | $-327.63K | $-1.28 Million | $6.83K | $334.46K | — |