HOVR (New Horizon Aircraft) Other Current Liabilities: $0.06 Mil (As of Feb. 2026)

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HOVR New Horizon Aircraft Ltd HOVR
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What is New Horizon Aircraft Other Current Liabilities?

New Horizon Aircraft HOVR -1.79% 14 Other Current Liabilities is $0.06 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's other current liabilities for the quarter that ended in Feb. 2026 was $0.06 Mil.

New Horizon Aircraft's quarterly other current liabilities declined from Aug. 2025 ($0.00 Mil) to Nov. 2025 ($0.00 Mil) but then increased from Nov. 2025 ($0.00 Mil) to Feb. 2026 ($0.06 Mil).

New Horizon Aircraft's annual other current liabilities increased from May. 2023 ($0.00 Mil) to May. 2024 ($0.06 Mil) and increased from May. 2024 ($0.06 Mil) to May. 2025 ($0.12 Mil).

New Horizon Aircraft Other Current Liabilities Related Terms

New Horizon Aircraft Other Current Liabilities Historical Data

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The historical data trend for New Horizon Aircraft's Other Current Liabilities 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 Other Current Liabilities Chart

New Horizon Aircraft Annual Data
Trend May22 May23 May24 May25
Other Current Liabilities
0.00 0.00 0.06 0.12

New Horizon Aircraft Quarterly Data
May22 Dec22 May23 Dec23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Other Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.12 0.00 0.00 0.06
HOVR
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New Horizon Aircraft Ltd HOVR
Other Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Aircraft Other Current Liabilities Calculation

The liability a company needs to pay in the next 12 months, but not assigned to Accounts Payable or Debt. For instance, Wal-Mart (WMT) has accrued wages, salaries, valuation, bonuses, insurance liabilities, accrued tax etc. These are all included in other current liabilities.

What does a Other Current Liabilities of $0.06 Mil mean?
New Horizon Aircraft (HOVR) has a Other Current Liabilities of $0.06 Mil as of Feb. 2026. Other current liabilities as record on a company's balance sheet not categorized as standard liabilities. View historical data on New Horizon Aircraft.
Is New Horizon Aircraft's Other Current Liabilities too high?
New Horizon Aircraft's current Other Current Liabilities is $0.06 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 Other Current Liabilities compare to VWAV and CODA?
New Horizon Aircraft's Other Current Liabilities of $0.06 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 Other Current Liabilities for an Aerospace & Defense company?
A good Other Current Liabilities depends on the Aerospace & Defense industry context. However, Other Current Liabilities 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 Other Current Liabilities mean?
A high Other Current Liabilities can signal that a stock is expensive relative to its fundamentals. Other current liabilities as record on a company's balance sheet not categorized as standard liabilities. View historical data on New Horizon Aircraft. New Horizon Aircraft's current Other Current Liabilities is $0.06 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 Other Current Liabilities of $0.06 Mil. The current Other Current Liabilities is $0.06 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 Other Current Liabilities calculated?
Other Current Liabilities is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Other Current Liabilities is $0.06 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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