New Horizon Aircraft HOVR Prepaid Insurance
Prepaid Insurance at other companies
Other financials
Where this comes from
Reported directly by New Horizon Aircraft in its filing.
Tagged under the XBRL concept us-gaap:PrepaidInsurance.
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 prepaid insurance?
- New Horizon Aircraft (HOVR) reported prepaid insurance of $440K in Q4 2025.
- How has New Horizon Aircraft's prepaid insurance changed year-over-year?
- New Horizon Aircraft's prepaid insurance decreased by 18.7% year-over-year, from $541K to $440K.
- What is the long-term trend for New Horizon Aircraft's prepaid insurance?
- Over 2 years (2023 to 2025), New Horizon Aircraft's prepaid insurance has grown at a 1105.5% compound annual growth rate (CAGR), from $3K to $436K.
- What does prepaid insurance mean?
- The value of insurance premiums paid in advance for coverage that will be utilized in future periods. This asset represents a claim on future services and is a standard component of working capital management. It indicates the company's proactive approach to risk mitigation and operational continuity.