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
DateValue
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