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Cash ratio at other companies

Joby Aviation logo
Joby AviationJOBY
7.7×+5.1×
Archer Aviation logo
Archer AviationACHR
9.1×-6.3×
Beta Technologies
 logo
Beta Technologies BETA
21×
Eve Holding logo
Eve HoldingEVEX
0.4×-0.1×
Honeywell International logo
Honeywell InternationalHON
0.5×+0.1×
VSE Corporation logo
VSE CorporationVSEC
+5.0×

Other financials

Income statement

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Operating income-$7.6M-114%
Net income-$6.9M-39.6%
EPS (diluted)-$0.16+5.9%

Balance sheet

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Cash & equivalents$19.7M+114%
Total debt$89.0K+154%
Total equity$14.1M+102%
Total assets$21.9M+112%

Cash flow

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Operating cash flow-$6.8M-160%
CapEx$140.0K+53.8%
Free cash flow-$7.0M-156%

Valuation

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Market cap$119.82M+153%
Enterprise value$100.24M+151%

Returns & leverage

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Return on equity-297.2%
Debt / equity0.0×
Current ratio14.8×+7.7×

Where this comes from

Calculated from New Horizon Aircraft’s reported figures.

Based on the most recent quarter.

The official record: New Horizon Aircraft’s 10-Q, filed April 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is New Horizon Aircraft's cash ratio?
New Horizon Aircraft (HOVR) reported cash ratio of 13.8× in Q4 2025.
How has New Horizon Aircraft's cash ratio changed year-over-year?
New Horizon Aircraft's cash ratio increased by 113.3% year-over-year, from 6.5× to 13.8×.
What is the long-term trend for New Horizon Aircraft's cash ratio?
Over 2 years (2023 to 2025), New Horizon Aircraft's cash ratio has grown at a 509.5% compound annual growth rate (CAGR), from 0.2× to 5.7×.
What does cash ratio mean?
Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.