HOVR (New Horizon Aircraft) Construction In Progress: $0.00 Mil (As of Feb. 2026)


HOVR New Horizon Aircraft Ltd HOVR
14 GF Score
Price $1.93
! 2 Warning Signs
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What is New Horizon Aircraft Construction In Progress?

New Horizon Aircraft HOVR +1.60% 14 Construction In Progress is $0.00 Mil as of Feb. 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 2 warning signs investors should review.

New Horizon Aircraft Construction In Progress Historical Data

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The historical data trend for New Horizon Aircraft's Construction In Progress 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 Construction In Progress Chart

New Horizon Aircraft Annual Data
Trend May22 May23 May24 May25
Construction In Progress
0.00 0.00 0.00 0.00

New Horizon Aircraft Quarterly Data
May22 Dec22 May23 Dec23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
HOVR
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New Horizon Aircraft Ltd HOVR
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Aircraft Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $0.00 Mil mean?
New Horizon Aircraft (HOVR) has a Construction In Progress of $0.00 Mil as of Feb. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Construction In Progress too high?
New Horizon Aircraft's current Construction In Progress is $0.00 Mil. 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 Construction In Progress compare to VWAV and MNTS?
New Horizon Aircraft's Construction In Progress of $0.00 Mil 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 Construction In Progress for an Aerospace & Defense company?
A good Construction In Progress depends on the Aerospace & Defense industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on New Horizon Aircraft and its competitors. New Horizon Aircraft's current Construction In Progress is $0.00 Mil. 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 Construction In Progress of $0.00 Mil. The current Construction In Progress is $0.00 Mil. New Horizon Aircraft's overall GF Score™ is 14/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Construction In Progress is $0.00 Mil as of Feb. 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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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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