Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data New Horizon Aircraft Ltd. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2023
Operating income
-1.67
Interest income
5.22
Other non-operating income
11.4
Pre-tax income
9.71
Income tax
1.1
Net income
8.61
Balance sheet
FY2023
Cash and equivalents
0.02
Other current assets
0.07
Total current assets
0.12
Total assets
122
Accounts payable
0.69
Accrued liabilities
0.05
Total current liabilities
0.99
Total liabilities
7.09
Retained earnings
-6.86
Shareholders' equity
-6.86
Total equity
-6.86
Total liabilities and equity
122
Cash flow statement
FY2023
Net income
8.61
Change in payables
0.69
Cash from operations
-2.12
Cash from investing
-117
Cash from financing
119
Net change in cash
-0.07
Income taxes paid
1.13
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to February 29, 2024; growth uses fiscal years. Valuation uses the share price of $1.73 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-93.1%
Net income / average total assets.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
2.85x
Current assets / current liabilities.
Quick ratio
1.97x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.92x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Book value per share
-$1.38
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
Earnings yield
-5.5%
Net income / market cap (the inverse of P/E).
Was New Horizon Aircraft Ltd. profitable in fiscal 2023?
Yes. Net income was $8.6M, a net margin of -.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.