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New Horizon Aircraft HOVR Accounts Payable

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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

Reported directly by New Horizon Aircraft in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayable.

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 accounts payable?
New Horizon Aircraft (HOVR) reported accounts payable of $194K in Q4 2025.
How has New Horizon Aircraft's accounts payable changed year-over-year?
New Horizon Aircraft's accounts payable decreased by 57.7% year-over-year, from $459K to $194K.
What does accounts payable mean?
Tracks the net change in obligations to suppliers for goods and services purchased on credit. An increase in this metric serves as a source of operating cash flow, indicating the company is effectively managing its payment terms with vendors.