New Horizon Aircraft (New Horizon Aircraft) Short-Term Capital Lease Obligation : $0.04 Mil (As of May. 2023)

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What is New Horizon Aircraft Short-Term Capital Lease Obligation?

New Horizon Aircraft's Short-Term Capital Lease Obligation for the quarter that ended in May. 2023 was $0.04 Mil.

New Horizon Aircraft's quarterly Short-Term Capital Lease Obligation increased from . 20 ($0.00 Mil) to May. 2022 ($0.05 Mil) but then declined from May. 2022 ($0.05 Mil) to May. 2023 ($0.04 Mil).

New Horizon Aircraft's annual Short-Term Capital Lease Obligation increased from . 20 ($0.00 Mil) to May. 2022 ($0.05 Mil) but then declined from May. 2022 ($0.05 Mil) to May. 2023 ($0.04 Mil).

New Horizon Aircraft Short-Term Capital Lease Obligation Historical Data

The historical data trend for New Horizon Aircraft's Short-Term Capital Lease Obligation 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.

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New Horizon Aircraft Short-Term Capital Lease Obligation Chart

New Horizon Aircraft Annual Data

Trend

May22

May23

Short-Term Capital Lease Obligation

0.05

0.04

New Horizon Aircraft Semi-Annual Data
	May22	May23
Short-Term Capital Lease Obligation	0.05	0.04

New Horizon Aircraft Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

New Horizon Aircraft Short-Term Capital Lease Obligation 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 » Short-Term Capital Lease Obligation

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