Update date
28 Feb 2026
Shareable Research Card
This metric view shows HOVR - New Horizon Aircraft Ltd. depreciation history from SEC company facts.
Use it to verify the latest reported value, compare nearby periods, and jump to a cross-company ranking when a curated insight exists.
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Values may differ by reporting period and company taxonomy.
Return Loop
This metric history becomes more useful after the next quarterly or annual filing because the latest reported value, period, and company comparison context can all change.
Metric freshness comes from the latest SEC company fact available for this taxonomy tag and the paired company facts page.
Latest update
Latest reported depreciation: CA$79,000. Open the source-backed page to compare this metric with the newest filing-backed context.
Update date
28 Feb 2026
Page type
Metric history
Latest period
Q1 2026
SEC-backed company facts were refreshed from filings filed on 14 Apr 2026.
Benchmark Context
New Horizon Aircraft Ltd. sits in the bottom quarter of the current depreciation sample.
Compared with
Compared with 17 companies reporting depreciation in CAD. This keeps the comparison on the same metric and unit family.
Why this is notable
This is about 0x the current sample midpoint. Depreciation is up about 114% versus the comparable prior period.
Peer comparisons use the same metric and compatible units only. Latest reported periods may differ across companies, so open each company page before drawing conclusions.
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Financial Metric Page
Latest period: Q1 2026. Period end: 28 Feb 2026. Units: CAD and USD. Frequency: quarterly and annual.
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
Source: SEC Company Facts
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Reporting periods may differ by company.
Compare latest available Depreciation levels across SEC-reporting companies, then open each company metric page for SEC-backed verification. Reporting periods may differ by company.
New Horizon Aircraft Ltd. appears at rank #15 in the latest comparison sample.
| Rank | Company | Latest value | Reported period | Next step |
|---|---|---|---|---|
| 1 | ENBRIDGE INC (enb) | CA$5,100,000,000 | Year - 31 Dec 2025 | Open ENBRIDGE INC Depreciation |
| 2 | Fortis Inc. (fts) | CA$1,810,000,000 | Year - 31 Dec 2025 | Open Fortis Inc. Depreciation |
| 3 | CANADIAN NATIONAL RAILWAY CO (cni) | CA$1,583,000,000 | Year - 31 Dec 2020 | Open CANADIAN NATIONAL RAILWAY CO Depreciation |
| 4 | Hydro One Ltd (hrnnf) | CA$874,000,000 | Year - 31 Dec 2025 | Open Hydro One Ltd Depreciation |
| 5 | HYDRO ONE INC | CA$865,000,000 | Year - 31 Dec 2025 | Open HYDRO ONE INC Depreciation |
| 6 | North American Construction Group Ltd. (noa) | CA$217,232,000 | Year - 31 Dec 2025 | Open North American Construction Group Ltd. Depreciation |
Compare periods with the same frequency first, then use YoY and TTM series to confirm whether changes are structural or one-off.
| Period | TTM Value | Value | YoY Chg | Change % | Start Date | End Date | Report | Filed | Fiscal Year | Fiscal Period |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 2026 | CA$227,000 | CA$79,000 | +CA$42,000 | +114% | 01 Dec 2025 | 28 Feb 2026 | 10-Q | 14 Apr 2026 | 2026 | Q3 |
| Q4 2025 | CA$185,000 | CA$57,000 | +CA$26,000 | +84% | 01 Sep 2025 | 30 Nov 2025 | 10-Q | 14 Jan 2026 | 2026 | Q2 |
| Q3 2025 | CA$159,000 | CA$51,000 | +CA$21,000 | +70% | 01 Jun 2025 | 31 Aug 2025 | 10-Q | 10 Oct 2025 | 2026 | Q1 |
| Q2 2025 | CA$138,000 | CA$40,000 | +CA$17,000 | +74% | 01 Mar 2025 | 31 May 2025 | 10-K | 22 Aug 2025 | 2025 | FY |
| Q1 2025 | CA$121,000 | CA$37,000 | +CA$16,000 | +76% | 01 Dec 2024 | 28 Feb 2025 | 10-Q | 14 Apr 2026 | 2026 | Q3 |
| Q4 2024 | CA$105,000 | CA$31,000 | +CA$25,000 | +417% | 01 Sep 2024 | 30 Nov 2024 | 10-Q | 14 Jan 2026 | 2026 | Q2 |
| Q3 2024 | CA$80,000 | CA$30,000 | +CA$24,000 | +400% | 01 Jun 2024 | 31 Aug 2024 | 10-Q | 10 Oct 2025 | 2026 | Q1 |
| Q2 2024 | CA$56,000 | CA$23,000 | 01 Mar 2024 | 31 May 2024 | 10-K | 22 Aug 2025 | 2025 | FY | ||
| Q1 2024 | CA$21,000 | 01 Dec 2023 | 29 Feb 2024 | 10-Q | 14 Apr 2025 | 2025 | Q3 | |||
| Q4 2023 | CA$6,000 | 01 Sep 2023 | 30 Nov 2023 | 10-Q | 14 Jan 2025 | 2025 | Q2 | |||
| Q3 2023 | CA$6,000 | 01 Jun 2023 | 31 Aug 2023 | 10-Q | 10 Oct 2024 | 2025 | Q1 |
| Period | Value | YoY Chg | Change % | Start Date | End Date | Report | Filed | Fiscal Year | Fiscal Period |
|---|---|---|---|---|---|---|---|---|---|
| 2024 | CA$138,000 | +CA$82,000 | +146% | 01 Jun 2024 | 31 May 2025 | 10-K | 22 Aug 2025 | 2025 | FY |
| 2023 | CA$56,000 | +CA$29,000 | +107% | 01 Jun 2023 | 31 May 2024 | 10-K | 22 Aug 2025 | 2025 | FY |
| 2022 | CA$27,000 | 01 Jun 2022 | 31 May 2023 | 10-K/A | 17 Mar 2025 | 2024 | FY |
| Period | TTM Value | Value | YoY Chg | Change % | Start Date | End Date | Report | Filed | Fiscal Year | Fiscal Period |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 2024 | $21,000 | +$4,000 | +24% | 01 Dec 2023 | 29 Feb 2024 | 10-Q | 22 Apr 2024 | 2024 | Q3 | |
| Q1 2023 | $17,000 | 01 Dec 2022 | 28 Feb 2023 | 10-Q | 22 Apr 2024 | 2024 | Q3 |