HOVR (New Horizon Aircraft) Total Stockholders Equity: $51.84 Mil (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HOVR New Horizon Aircraft Ltd HOVR
14 GF Score
Price $1.77
! 1 Warning Sign
View Full Analysis

What is New Horizon Aircraft Total Stockholders Equity?

New Horizon Aircraft HOVR -1.94% 14 Total Stockholders Equity is $51.84 Mil as of May. 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

New Horizon Aircraft's Total Stockholders Equity for the quarter that ended in May. 2026 was $51.84 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. New Horizon Aircraft's Book Value per Share for the quarter that ended in May. 2026 was $0.77. The ratio of a company's debt over equity can be used to measure how leveraged this company is. New Horizon Aircraft's Debt-to-Equity for the quarter that ended in May. 2026 was 0.00.

New Horizon Aircraft  (NAS:HOVR) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

New Horizon Aircraft's Book Value per Share for the quarter that ended in May. 2026 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(51.841-4.576)/61.763
=0.77

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

New Horizon Aircraft's Debt-to-Equity for the quarter that ended in May. 2026 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.037 + 0.015) / 51.841
=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 Total Stockholders Equity Related Terms

New Horizon Aircraft Total Stockholders Equity Historical Data

* Premium members only.

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

New Horizon Aircraft Annual Data
Trend May22 May23 May24 May25 May26
Total Stockholders Equity
-0.99 -0.31 -13.12 1.87 51.84

New Horizon Aircraft Quarterly Data
May22 Dec22 May23 Dec23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Total Stockholders Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.87 7.84 10.30 10.35 51.84
HOVR
14GF Score
New Horizon Aircraft Ltd HOVR
Total Stockholders Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
What does a Total Stockholders Equity of $51.84 Mil mean?
New Horizon Aircraft (HOVR) has a Total Stockholders Equity of $51.84 Mil as of May. 2026. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Total Stockholders Equity too high?
New Horizon Aircraft's current Total Stockholders Equity is $51.84 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 Stockholders Equity compare to CODA and HWKE?
New Horizon Aircraft's Total Stockholders Equity of $51.84 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 Stockholders Equity for an Aerospace & Defense company?
A good Total Stockholders Equity depends on the Aerospace & Defense industry context. However, Total Stockholders 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 Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for New Horizon Aircraft and its competitors. New Horizon Aircraft's current Total Stockholders Equity is $51.84 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 Stockholders Equity of $51.84 Mil. The current Total Stockholders Equity is $51.84 Mil. New Horizon Aircraft's overall GF Score™ is 14/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Total Stockholders Equity is $51.84 Mil as of May. 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.
14GF Score

Get the complete analysis for HOVR

Total Stockholders Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.77
Price