Companies: 10,795·Total market cap: $144.5T
New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd.

HOVRNASDAQIndustrials● Active
$2.36
+$0.10(+4.20%)
Market Cap$106510965
P/E Ratio—
52W High$4.18
52W Low$0.85
Cash on HandFinancialsRevenue

New Horizon Aircraft Ltd. (HOVR) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

HOVR · cash on hand · updated May 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$10.4M▲ +470.3% vs prior year
FY · as of May 31, 2025 · Reported in CAD
Cash & Cash Equiv. (CCE)
$10.4M
cashAndCashEquivalents
Short-Term Investments
$0
shortTermInvestments
YoY Change vs Prior Year
+470.3%
vs prior fiscal year
Latest Quarter
$26.9M
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in CAD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: May 31, 2025

Net cash vs debt

Cash & ST Investments$10.4MCash on Hand
Total Debt$41,165Total Debt
Net Cash / Net Debt+$10.3MNet Cash Position
Cash vs Debt Ratio
Cash 100%Debt 0%

New Horizon Aircraft Ltd. has a net cash position of $10.3M, holding more cash than debt.

Net Cash = Cash & ST Investments − Total Debt$10.4M − $41,165 = +$10.3M

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
HOVR annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
May 31, 2025Latest$10.4M+470.3%
May 31, 2024$1.8M+696.6%
May 31, 2023$0.2M+5174.6%
May 31, 2022$0.0M—
HOVR cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Industrials Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
The Boeing Company
The Boeing Company
BA
$29.40B17.3%#2
GE Aerospace
GE Aerospace
GE
$12.39B3.7%#3
Caterpillar Inc.
Caterpillar Inc.
CAT
$9.98B2.4%#4
RTX Corporation
RTX Corporation
RTX
$7.43B3.1%
#5
New Horizon Aircraft Ltd.
New Horizon Aircraft Ltd.YOU
HOVR
$10.4M9.6%
Industrials sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

New Horizon Aircraft Ltd. (HOVR) cash on hand as of May 31, 2025 is $10.4M, comprising $10.4M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as New Horizon Aircraft Ltd. cash and short-term investments on the balance sheet (10-K filing). Also referred to as New Horizon Aircraft Ltd. cash reserves or cash position.

New Horizon Aircraft Ltd. annual cash on hand history shows increased +470.3% in 2025: increased +470.3% in 2025. New Horizon Aircraft Ltd. cash reserves in 2025 reflect the company's capital allocation strategy.

New Horizon Aircraft Ltd. carries total debt of $41,165 against cash of $10.4M, resulting in a net cash position of +$10.3M. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

HOVR cash on hand · 5 questions

As of May 31, 2025, New Horizon Aircraft Ltd. (HOVR) has $10,355,917 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $10,355,917 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (February 28, 2026): $26,856,190. Data sourced from the annual 10-K filing via FMP.

HOVR cash on handHOVR cash reservesHOVR cash 2025how much cash does HOVR have

▸ Source: FMP /balance-sheet-statement · US GAAP · New Horizon Aircraft Ltd. · New Horizon Aircraft Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: May 31, 2025