New Horizon Aircraft (HOVR) Interest Coverage Ratio (2023 - 2026)
New Horizon Aircraft (HOVR) posted Interest Coverage Ratio of 0.39 for Q2 2026, up 79.04% on a QoQ basis from 1.88 in Q1 2026.
New Horizon Aircraft (HOVR) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
New Horizon Aircraft's Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 0.39 for Q2 2026.
- Quarterly Interest Coverage Ratio changed N/A year-over-year to 0.39 in Q2 2026, while the trailing twelve-month figure through May 2026 was 1.9 (up 99.99% YoY) and the FY2026 annual result came in at 1.91, up 27.83% from the prior year.
- Interest Coverage Ratio was 0.39 for Q2 2026 at New Horizon Aircraft, up from 1.88 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.11 in Q3 2023 and bottomed at 31786.41 in Q4 2024.
- A 4-year average of 3456.5 and a median of 1.77 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2025 — Interest Coverage Ratio surged 100.0% — and 2026, when it soared 96.4%.
- New Horizon Aircraft's Interest Coverage Ratio stood at 0.11 in 2023, then plunged by 28404964.51% to 31786.41 in 2024, then jumped by 100.0% to 1.58 in 2025, then soared by 74.93% to 0.39 in 2026.
- Business Quant data shows HOVR's Interest Coverage Ratio at 0.39 in Q2 2026, 1.88 in Q1 2026, and 1.58 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 373.45 Bn | 364.10 Bn | -3.10 Bn | -5.05 |
| 2 | Rtx | 288.16 Bn | 279.85 Bn | 9.91 Bn | 1.76 |
| 3 | Boeing | 167.44 Bn | 147.42 Bn | 2.41 Bn | 0.26 |
| 4 | Lockheed Martin | 132.17 Bn | 128.38 Bn | 2.45 Bn | 2.07 |
| 5 | Howmet Aerospace | 112.99 Bn | 110.56 Bn | 854.00 Mn | - |
| 6 | General Dynamics | 102.42 Bn | 98.09 Bn | 6.76 Bn | 26.07 |
| 7 | Northrop Grumman | 75.81 Bn | 73.51 Bn | 3.72 Bn | 6.81 |
| 8 | TransDigm | 72.68 Bn | 68.79 Bn | 1.51 Bn | 2.43 |
| 9 | L3Harris Technologies | 50.93 Bn | 50.34 Bn | 1.40 Bn | 1.69 |
| 10 | New Horizon Aircraft | 73.83 Mn | 73.83 Mn | - | -0.66 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -0.39 |
| Feb 28, 2026 | -1.88 |
| Nov 30, 2025 | -1.58 |
| Aug 31, 2025 | -1.66 |
| Feb 28, 2025 | -52.26 |
| Nov 30, 2024 | -31,786.41 |
| Aug 31, 2024 | -2,705.00 |
| May 31, 2024 | -15.54 |
| Dec 31, 2023 | -0.11 |
| Sep 30, 2023 | -0.11 |