New Horizon Aircraft Ltd. (HOVRW) balance sheet

HOVRWNasdaqAircraftFiscal year ends May 31Also trades as HOVR

Financials through Q1 FY2027, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 9, 2026Score 5/30

$0.24−0.02 (-8.53%)

Close on Oct 30, 2026Market cap $79.86MP/E –Yield –

New Horizon Aircraft Ltd. balance sheet

Annual Quarterly

CAD USD

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2026 2026-05-31	FY 2025 2025-05-31	FY 2024 2024-05-31	FY 2023 2023-05-31	FY 2022 2022-05-31
Cash & Equivalents	57	5.49	1.33	0.17	0.00
Cash & Short-Term Investments	57	5.49	1.33	0.17	0.00
Receivables	0.58	0.07	0.31	–	–
Prepaid Expenses & Other	2.73	0.39	1.78	0.00	–
Total Current Assets	60	5.95	3.42	0.18	–
Property, Plant & Equipment	0.64	0.15	0.15	0.04	–
Gross Property, Plant & Equipment	0.99	0.29	0.22	0.07	–
Accumulated Depreciation	-0.35	-0.13	-0.07	-0.03	–
Operating Lease Right-of-Use Assets	0.05	0.02	0.05	0.09	–
Total Assets	61	6.12	3.62	0.32	–
Accounts Payable	2.01	0.49	0.52	0.13	–
Accrued Expenses	0.59	0.45	0.42	0.04	–
Short-Term Debt	–	0.05	–	0.03	–
Current Debt	–	0.05	–	0.03	–
Current Portion of Leases	0.04	0.02	0.03	0.03	–
Total Current Liabilities	2.64	0.96	0.98	1.10	–
Long-Term Debt	–	–	–	0.19	–
Long-Term Leases	0.02	0.01	0.02	0.05	–
Operating Lease Liabilities	0.05	0.02	0.02	0.09	–
Total Liabilities	9.20	4.24	17	1.34	–
Total Debt	–	0.05	–	0.22	–
Preferred Stock	4.55	4.57	–	–	–
Common Stock	–	–	55	3.74	–
Additional Paid-In Capital	-43	-57	-57	0.04	–
Retained Earnings	-31	-6.90	-11	-4.80	–
Shareholders' Equity	52	1.88	-13	-1.02	-1.72
Total Equity	52	1.88	-13	-1.02	-1.72
Total Liabilities & Equity	61	6.12	3.62	0.32	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Aug 31, 2026

Profitability, FY

Gross margin: –
Operating margin: –
Net margin: –
Return on equity, FY2026: -89.8%

Financial strength

Current ratio: 30.19
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 2864.3%

Valuation

P/E ratio: –
Price to sales: –
Price to book: 1.65
Dividend yield: –