New Horizon Aircraft Current Ratio Growth & History (HOVR)
New Horizon Aircraft's current ratio was 22.76 for fiscal 2026.
View full New Horizon Aircraft company overviewNew Horizon Aircraft annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | 22.76 | 16.60 | +269.26% |
| 2025 | 2025-05-31 | 6.16 | 2.66 | +76.16% |
| 2024 | 2024-05-31 | 3.50 | 3.33 | +2016.39% |
| 2023 | 2023-12-31 | 0.12 | — | — |
| 2023 | 2023-05-31 | 0.17 | — | — |
New Horizon Aircraft quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | 22.76 | 16.60 | +269.26% |
| Q3 2026 | 2026-02-28 | 14.81 | 7.70 | +108.20% |
| Q2 2026 | 2025-11-30 | 6.51 | 3.75 | +136.23% |
| Q1 2026 | 2025-08-31 | 7.97 | 3.93 | +97.11% |
| Q4 2025 | 2025-05-31 | 6.16 | 2.66 | +76.16% |
| Q3 2025 | 2025-02-28 | 7.11 | — | — |
| Q2 2025 | 2024-11-30 | 2.76 | — | — |
| Q1 2025 | 2024-08-31 | 4.05 | — | — |
| Q4 2024 | 2024-05-31 | 3.50 | — | — |
New Horizon Aircraft current ratio trends
Between the periods ended 2023-05-31 and 2026-05-31, New Horizon Aircraft's current ratio increased from 0.17 to 22.76, a change of 22.59. The latest reported quarter, Q4 2026, shows 22.76.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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