New Horizon Aircraft Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has New Horizon Aircraft Ltd.'s balance sheet done over the years? Its assets were worth $4,944,000 last year, which is more than in the previous period. 463% of New Horizon Aircraft Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $22,877,000, which means an increase by 837% compared compared to last year.
Debt to Assets
| 2022 | 1164021 | 2.44M | 209.77% |
|---|---|---|---|
| 2023 | 4944000 | 22.87M | 462.72% |
HOVR Balance Sheet (2021 – 2023)
| 2023 | 2021 | |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 1.81M | 4.32K |
Short term investments | 1.79M | 0 |
Net receivables | 417K | 0 |
Inventory | 0 | 0 |
Other current assets | 2.43M | 0 |
Total current assets | 4.66M | 6.83K |
Non-current assets: | ||
Property, Plant and Equipment | 128K | 262.40K |
Goodwill | 0 | 0 |
Intangible assets | 152K | 0 |
Long term investments | 0 | 0 |
Other non-current assets | 0 | 894.78K |
Total non-current assets | 280K | 1.15M |
Total assets | 4.94M | 1.16M |
Liabilities | ||
| Current liabilities: | ||
Accounts payable | ||
Deferred revenue | 0 | 0 |
Short term debt | 44K | 147.63K |
Total current liabilities | 1.33M | 334.45K |
| Non-current liabilities: | ||
Long term debt | 30K | 2.10M |
Deferred tax | 0 | 0 |
Other non-current liabilities | 21.51M | 0 |
Total non-current liabilities | 21.54M | 2.10M |
Total liabilities | 22.87M | 2.44M |