GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » New Horizon Aircraft Ltd (NAS:HOVR) » Definitions » Tax Rate %

HOVR (New Horizon Aircraft) Tax Rate % : 0.00% (As of Nov. 2024)


View and export this data going back to 2024. Start your Free Trial

What is New Horizon Aircraft Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. New Horizon Aircraft's Tax Expense for the three months ended in Nov. 2024 was $0.00 Mil. New Horizon Aircraft's Pre-Tax Income for the three months ended in Nov. 2024 was $14.07 Mil. Therefore, New Horizon Aircraft's Tax Rate % for the quarter that ended in Nov. 2024 was 0.00%.

New Horizon Aircraft Tax Rate % Historical Data

The historical data trend for New Horizon Aircraft's Tax Rate % 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 Tax Rate % Chart

New Horizon Aircraft Annual Data
Trend May22 May23 May24
Tax Rate %
- - -

New Horizon Aircraft Quarterly Data
May22 Dec22 May23 Dec23 May24 Aug24 Nov24
Tax Rate % Get a 7-Day Free Trial - - - - -

New Horizon Aircraft Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

New Horizon Aircraft's Tax Rate % for the fiscal year that ended in May. 2024 is calculated as

Tax Rate %=Tax Expense (A: May. 2024 )/Pre-Tax Income (A: May. 2024 )
=0/-5.971
=0.00 %

New Horizon Aircraft's Tax Rate % for the quarter that ended in Nov. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Nov. 2024 )/Pre-Tax Income (Q: Nov. 2024 )
=0/14.073
=0.00 %

* 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 Tax Rate % Related Terms

Thank you for viewing the detailed overview of New Horizon Aircraft's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

New Horizon Aircraft Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » New Horizon Aircraft Ltd (NAS:HOVR) » Definitions » Tax Rate %
Comparable Companies
PRZO SVT SIF MNTS OPXS CVU AIRI KITT XTIA XERI GE RTX BA XPAR:AIR LMT XPAR:SAF GD TDG NOC LSE:RR.
Traded in Other Exchanges
N/A
Address
3187 Highway 35, Lindsay, ON, CAN, K9V 4R1
Website
https://www.horizonaircraft.com
New Horizon Aircraft Ltd is an 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 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.