HOVR (New Horizon Aircraft) Cash per Share: $0.92 (As of May. 2026)

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HOVR New Horizon Aircraft Ltd HOVR
14 GF Score
Price $1.79
! 1 Warning Sign
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What is New Horizon Aircraft Cash per Share?

New Horizon Aircraft HOVR -1.54% 14 Cash per Share is $0.92 as of May. 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). New Horizon Aircraft's Cash per Share for the quarter that ended in May. 2026 was $0.92.

New Horizon Aircraft  (NAS:HOVR) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

New Horizon Aircraft Cash per Share Related Terms

New Horizon Aircraft Cash per Share Historical Data

* Premium members only.

The historical data trend for New Horizon Aircraft's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New Horizon Aircraft Cash per Share Chart

New Horizon Aircraft Annual Data
Trend May22 May23 May24 May25 May26
Cash per Share
0.00 0.01 0.07 0.17 0.92

New Horizon Aircraft Quarterly Data
May22 Dec22 May23 Dec23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.30 0.39 0.32 0.92
HOVR
14GF Score
New Horizon Aircraft Ltd HOVR
Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Aircraft Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

New Horizon Aircraft's Cash per Share for the fiscal year that ended in May. 2026 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=57.067/61.76
=0.92

New Horizon Aircraft's Cash per Share for the quarter that ended in May. 2026 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=57.067/61.76
=0.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash per Share →
What does a Cash per Share of $0.92 mean?
New Horizon Aircraft (HOVR) has a Cash per Share of $0.92 as of May. 2026. Cash per share is the per-share value of a company's available cash. View historical data for New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Cash per Share too high?
New Horizon Aircraft's current Cash per Share is $0.92. Overall, New Horizon Aircraft has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Aircraft's Cash per Share compare to CODA and HWKE?
New Horizon Aircraft's Cash per Share of $0.92 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash per Share for an Aerospace & Defense company?
A good Cash per Share depends on the Aerospace & Defense industry context. However, Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash per Share mean?
A high Cash per Share can signal that a stock is expensive relative to its fundamentals. Cash per share is the per-share value of a company's available cash. View historical data for New Horizon Aircraft and its competitors. New Horizon Aircraft's current Cash per Share is $0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Aircraft stock overvalued right now?
New Horizon Aircraft (HOVR) has a current Cash per Share of $0.92. The current Cash per Share is $0.92. New Horizon Aircraft's overall GF Score™ is 14/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash per Share calculated?
Cash per Share is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Cash per Share is $0.92 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Horizon Aircraft Business Description

Address 3187 Highway 35, Lindsay, ON, CAN, K9V 4R1
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
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$1.79
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