New Horizon Aircraft (New Horizon Aircraft) EBIT per Share : $ (TTM As of May. 2023)

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What is New Horizon Aircraft EBIT per Share?

New Horizon Aircraft's EBIT per Share for the six months ended in May. 2023 was $-0.05. New Horizon Aircraft does not have enough years/quarters to calculate its EBIT per Share for the trailing twelve months (TTM) ended in May. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for New Horizon Aircraft's EBIT per Share or its related term are showing as below:

HOVR's 3-Year EBIT Growth Rate is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 6.8
* Ranked among companies with meaningful 3-Year EBIT Growth Rate only.

New Horizon Aircraft's EBIT for the six months ended in May. 2023 was $-0.81 Mil.

New Horizon Aircraft EBIT per Share Historical Data

The historical data trend for New Horizon Aircraft's EBIT 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.

* Premium members only.

New Horizon Aircraft EBIT per Share Chart

New Horizon Aircraft Annual Data

Trend

May22

May23

EBIT per Share

-0.08

-0.05

New Horizon Aircraft Semi-Annual Data
	May22	May23
EBIT per Share	-0.08	-0.05

New Horizon Aircraft EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

New Horizon Aircraft's EBIT per Share for the fiscal year that ended in May. 2023 is calculated as

	EBIT per Share		(A: May. 2023 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	-0.81	/	16.693
=	-0.05

New Horizon Aircraft's EBIT per Share for the quarter that ended in May. 2023 is calculated as

	EBIT per Share		(Q: May. 2023 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	-0.81	/	16.693
=	-0.05

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

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.

New Horizon Aircraft EBIT per Share Related Terms

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New Horizon Aircraft (New Horizon Aircraft) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » New Horizon Aircraft Ltd (NAS:HOVR) » Definitions » EBIT per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

3187 Highway 35, Lindsay, ON, CAN, K9V 4R1

Website

New Horizon Aircraft Ltd is an advanced aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its unique 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.

New Horizon Aircraft (New Horizon Aircraft) Headlines

From GuruFocus

Horizon Aircraft Provides Corporate Update

By Marketwired • 04-16-2024