New Short Term Coverage Ratios from 2010 to 2025

HOVRW Stock   0.07  0.0001  0.15%   
New Horizon Short Term Coverage Ratios yearly trend continues to be fairly stable with very little volatility. Short Term Coverage Ratios will likely drop to -0.78 in 2025. During the period from 2010 to 2025, New Horizon Short Term Coverage Ratios regression line of quarterly data had mean square error of  27.63 and geometric mean of  8.26. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
(0.75)
Current Value
(0.78)
Quarterly Volatility
7.69975119
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check New Horizon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Horizon's main balance sheet or income statement drivers, such as Tax Provision of 1.3 M, Net Interest Income of 6.3 M or Interest Expense of 89.8 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. New financial statements analysis is a perfect complement when working with New Horizon Valuation or Volatility modules.
  
Check out the analysis of New Horizon Correlation against competitors.

Latest New Horizon's Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of New Horizon Aircraft over the last few years. It is New Horizon's Short Term Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Horizon's overall financial position and show how it may be relating to other accounts over time.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

New Short Term Coverage Ratios Regression Statistics

Arithmetic Mean(13.71)
Geometric Mean8.26
Coefficient Of Variation(56.16)
Mean Deviation6.46
Median(18.01)
Standard Deviation7.70
Sample Variance59.29
Range17.2638
R-Value0.75
Mean Square Error27.63
R-Squared0.57
Significance0.0008
Slope1.22
Total Sum of Squares889.29

New Short Term Coverage Ratios History

2025 -0.78
2024 -0.75
2022 -0.83

About New Horizon Financial Statements

New Horizon investors use historical fundamental indicators, such as New Horizon's Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in New Horizon. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Coverage Ratios(0.75)(0.78)

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Additional Tools for New Stock Analysis

When running New Horizon's price analysis, check to measure New Horizon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Horizon is operating at the current time. Most of New Horizon's value examination focuses on studying past and present price action to predict the probability of New Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Horizon's price. Additionally, you may evaluate how the addition of New Horizon to your portfolios can decrease your overall portfolio volatility.