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Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. New Horizon Aircraft's Total Liabilities for the quarter that ended in May. 2026 was $9.25 Mil. New Horizon Aircraft's Total Assets for the quarter that ended in May. 2026 was $61.09 Mil.
Therefore, New Horizon Aircraft's Liabilities-to-Assets Ratio for the quarter that ended in May. 2026 was 0.15.
New Horizon Aircraft (NAS:HOVR) Liabilities-to-Assets Explanation
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
New Horizon Aircraft Liabilities-to-Assets Related Terms
New Horizon Aircraft Liabilities-to-Assets Historical Data
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The historical data trend for New Horizon Aircraft's Liabilities-to-Assets 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.
HOVR vs EVTL, CODA, SIF: Liabilities-to-Assets Comparison
For the Aerospace & Defense subindustry, New Horizon Aircraft's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
New Horizon Aircraft Liabilities-to-Assets vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where New Horizon Aircraft's Liabilities-to-Assets falls into.
New Horizon Aircraft Liabilities-to-Assets Calculation
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
New Horizon Aircraft's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2026 is calculated as:
* 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 (HOVR) has a Liabilities-to-Assets of 0.15 as of May. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Liabilities-to-Assets too high?
New Horizon Aircraft's current Liabilities-to-Assets is 0.15. 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 Liabilities-to-Assets compare to EVTL and CODA?
New Horizon Aircraft's Liabilities-to-Assets of 0.15 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 Liabilities-to-Assets for an Aerospace & Defense company?
A good Liabilities-to-Assets depends on the Aerospace & Defense industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on New Horizon Aircraft and its competitors. New Horizon Aircraft's current Liabilities-to-Assets is 0.15. 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 Liabilities-to-Assets of 0.15. The current Liabilities-to-Assets is 0.15. 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 Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Liabilities-to-Assets is 0.15 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 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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