HOVR (New Horizon Aircraft) Total Current Liabilities: $1.04 Mil (As of Feb. 2026)


HOVR New Horizon Aircraft Ltd HOVR
14 GF Score
Price $1.94
! 2 Warning Signs
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What is New Horizon Aircraft Total Current Liabilities?

New Horizon Aircraft HOVR -2.76% 14 Total Current Liabilities is $1.04 Mil as of Feb. 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 2 warning signs investors should review.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. New Horizon Aircraft's total current liabilities for the quarter that ended in Feb. 2026 was $1.04

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

New Horizon Aircraft Total Current Liabilities Related Terms

New Horizon Aircraft Total Current Liabilities Historical Data

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

New Horizon Aircraft Annual Data
Trend May22 May23 May24 May25
Total Current Liabilities
0.26 1.10 0.98 0.96

New Horizon Aircraft Quarterly Data
May22 Dec22 May23 Dec23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.96 1.52 2.72 1.04
HOVR
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New Horizon Aircraft Ltd HOVR
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Aircraft Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

New Horizon Aircraft's Total Current Liabilities for the fiscal year that ended in May. 2025 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.817+0.016
+Other Current Liabilities+Current Deferred Liabilities
=0.123+0
=0.96

New Horizon Aircraft's Total Current Liabilities for the quarter that ended in Feb. 2026 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.972+0.01
+Other Current Liabilities+Current Deferred Liabilities
=0.06+0
=1.04

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

What does a Total Current Liabilities of $1.04 Mil mean?
New Horizon Aircraft (HOVR) has a Total Current Liabilities of $1.04 Mil as of Feb. 2026. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Total Current Liabilities too high?
New Horizon Aircraft's current Total Current Liabilities is $1.04 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 Total Current Liabilities compare to VWAV and CODA?
New Horizon Aircraft's Total Current Liabilities of $1.04 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 Total Current Liabilities for an Aerospace & Defense company?
A good Total Current Liabilities depends on the Aerospace & Defense industry context. However, Total 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 Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for New Horizon Aircraft and its competitors. New Horizon Aircraft's current Total Current Liabilities is $1.04 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 Total Current Liabilities of $1.04 Mil. The current Total Current Liabilities is $1.04 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 Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Total Current Liabilities is $1.04 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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