New Horizon Aircraft Stock Today

HOVRW Stock   0.04  0  9.89%   

Performance

Insignificant

 
Weak
 
Strong

Odds Of Distress

Very High

 
High
 
Low
New Horizon is selling for under 0.039999999 as of the 21st of March 2025; that is 9.89 percent increase since the beginning of the trading day. The stock's lowest day price was 0.0364. New Horizon has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
IPO Date
16th of January 2024
Category
Industrials
New Horizon is entity of United States. It is traded as Stock on NASDAQ exchange. More on New Horizon Aircraft

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New Stock Highlights

Chairman CoFounderBrandon Robinson
Thematic IdeaAircraft (View all Themes)
Business ConcentrationAircraft, Aerospace & Defense, Industrials, Aerospace & Defense, Industrials (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities1.2 M1.5 M
Way Down
Slightly volatile
Non Current Liabilities Total26 M24.8 M
Sufficiently Up
Slightly volatile
Total AssetsM5.7 M
Sufficiently Up
Slightly volatile
Total Current Assets5.6 M5.4 M
Sufficiently Up
Slightly volatile
New Horizon can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand New Horizon's financial leverage. It provides some insight into what part of New Horizon's total assets is financed by creditors.
Liquidity
New Horizon Aircraft has accumulated 74 K in total debt. Note, when we think about New Horizon's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

152,820
New Horizon Aircraft (HOVRW) is traded on NASDAQ Exchange in USA. It is located in 3187 Highway 35, Lindsay, ON, Canada, K9V 4R1 and employs 20 people. New Horizon is listed under Aircraft category by Fama And French industry classification. The company classifies itself under Industrials sector and is part of Aerospace & Defense industry. New Horizon generates negative cash flow from operations
Check New Horizon Probability Of Bankruptcy

New Horizon Historical Income Statement

At this time, New Horizon's Net Interest Income is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 4.5 M in 2025, whereas Other Operating Expenses is likely to drop slightly above 1.2 M in 2025. View More Fundamentals

New Stock Against Markets

New Horizon Corporate Management

Phil KellySenior DevelopmentProfile
Tom BrassingtonChief OfficerProfile
Brian MerkerChief OfficerProfile
Stewart LeeHead StrategyProfile

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.