HOVR (New Horizon Aircraft) Total Equity: $10.35 Mil (As of Feb. 2026)


HOVR New Horizon Aircraft Ltd HOVR
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What is New Horizon Aircraft Total Equity?

New Horizon Aircraft HOVR +0.25% 14 Total Equity is $10.35 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 total equity for the quarter that ended in Feb. 2026 was $10.35 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

New Horizon Aircraft Total Equity Historical Data

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

New Horizon Aircraft Annual Data
Trend May22 May23 May24 May25
Total Equity
-0.99 -0.31 -13.12 1.87

New Horizon Aircraft Quarterly Data
May22 Dec22 May23 Dec23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Total Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.89 1.87 7.84 10.30 10.35
HOVR
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New Horizon Aircraft Ltd HOVR
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New Horizon Aircraft Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

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

Total Equity=Total Assets(Q: May. 2025 )-Total Liabilities(Q: May. 2025 )
=6.066-4.198
=1.87

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

Total Equity=Total Assets(Q: Feb. 2026 )-Total Liabilities(Q: Feb. 2026 )
=16.052-5.7
=10.35

* 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.

Frequently Asked Questions Learn more about Total Equity →
What does a Total Equity of $10.35 Mil mean?
New Horizon Aircraft (HOVR) has a Total Equity of $10.35 Mil as of Feb. 2026. The total amount of equity as record on a company's balance sheet. View historical data for New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Total Equity too high?
New Horizon Aircraft's current Total Equity is $10.35 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 Equity compare to VWAV and CODA?
New Horizon Aircraft's Total Equity of $10.35 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 Equity for an Aerospace & Defense company?
A good Total Equity depends on the Aerospace & Defense industry context. However, Total Equity 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 Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for New Horizon Aircraft and its competitors. New Horizon Aircraft's current Total Equity is $10.35 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 Equity of $10.35 Mil. The current Total Equity is $10.35 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 Equity calculated?
Total Equity is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Total Equity is $10.35 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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