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New Horizon Aircraft HOVR Short- and long-term operating lease liabilities

Short- and long-term operating lease liabilities at other companies

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-$1.68M-6.3%

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:IncreaseDecreaseInOperatingLeaseLiability.

The official record: New Horizon Aircraft’s 10-K, filed August 22, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is New Horizon Aircraft's short- and long-term operating lease liabilities?
New Horizon Aircraft (HOVR) reported short- and long-term operating lease liabilities of $4K in Q1 2025.
What does short- and long-term operating lease liabilities mean?
Reflects the net change in the present value of future lease payments for assets used in operations. Monitoring this helps assess the company's long-term fixed commitment to leased facilities or equipment relative to its operational scale.