Air T Inc financial data

Symbol
AIRT, AIRTP on Nasdaq
Industry
Air Courier Services
Location
11020 David Taylor Drive, Suite 305, Charlotte, NC
State of incorporation
DE
Fiscal year end
March 31
Former names
AIR TRANSPORTATION HOLDING CO INC (to 2/12/1999)
Latest financial report
10-Q - Q4 2024 - Feb 12, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 213 % +7.02%
Quick Ratio 112 % -3.82%
Debt-to-equity 3.21K % +109%
Return On Equity -12.2 % +90.5%
Return On Assets -0.44 % +94.4%
Operating Margin 2.21 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.73M shares -3.39%
Common Stock, Shares, Outstanding 2.74M shares -2.81%
Entity Public Float 21.4M USD +24%
Common Stock, Value, Issued 758K USD 0%
Weighted Average Number of Shares Outstanding, Basic 2.76M shares -2.34%
Weighted Average Number of Shares Outstanding, Diluted 2.76M shares -2.34%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 298M USD +3.36%
General and Administrative Expense 56.2M USD +20.1%
Operating Income (Loss) 6.59M USD
Nonoperating Income (Expense) -5.15M USD +13.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.44M USD +54.2%
Income Tax Expense (Benefit) 632K USD -65.3%
Net Income (Loss) Attributable to Parent -812K USD +94.3%
Earnings Per Share, Basic -0.28 USD/shares +94.4%
Earnings Per Share, Diluted -0.28 USD/shares +94.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 18.5M USD +312%
Marketable Securities, Current 326K USD -47.6%
Accounts Receivable, after Allowance for Credit Loss, Current 24.6M USD +35.5%
Inventory, Net 38.5M USD -28.5%
Other Assets, Current 4.34M USD
Assets, Current 90.1M USD +0.88%
Property, Plant and Equipment, Net 20.6M USD -1.53%
Operating Lease, Right-of-Use Asset 13.6M USD +14.3%
Intangible Assets, Net (Excluding Goodwill) 9.98M USD -12.9%
Goodwill 10.4M USD -2.11%
Other Assets, Noncurrent 2.98M USD -16.3%
Assets 188M USD +15.3%
Accounts Payable, Current 10.2M USD -24.4%
Accrued Liabilities, Current 16.3M USD +35.5%
Liabilities, Current 47.3M USD +5.65%
Deferred Income Tax Liabilities, Net 2.45M USD -5.19%
Operating Lease, Liability, Noncurrent 12.3M USD +12.1%
Other Liabilities, Noncurrent 2.58M USD
Liabilities 174M USD +22.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -79K USD -134%
Retained Earnings (Accumulated Deficit) 9.16M USD +1.6%
Stockholders' Equity Attributable to Parent 5.11M USD -25.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 6.91M USD -13.2%
Liabilities and Equity 188M USD +15.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 113K USD -96.8%
Net Cash Provided by (Used in) Financing Activities -1.29M USD +68.3%
Net Cash Provided by (Used in) Investing Activities 2.01M USD
Common Stock, Shares Authorized 4M shares 0%
Common Stock, Shares, Issued 3.03M shares 0%
Common Stock, Par or Stated Value Per Share 0.25 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 862K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 18.8M USD +262%
Deferred Tax Assets, Valuation Allowance 9.97M USD +24.6%
Deferred Tax Assets, Gross 16.3M USD +12.8%
Operating Lease, Liability 14.6M USD +14%
Payments to Acquire Property, Plant, and Equipment 339K USD -16.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.12M USD +92.4%
Lessee, Operating Lease, Liability, to be Paid 19.3M USD +10.5%
Property, Plant and Equipment, Gross 28.6M USD +1.79%
Operating Lease, Liability, Current 2.29M USD +25.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.89M USD +36%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.03M USD +29.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +19.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.79M USD +24.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.28M USD +15%
Deferred Tax Assets, Operating Loss Carryforwards 9.41M USD +57.7%
Preferred Stock, Shares Authorized 2M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.72M USD +19.8%
Additional Paid in Capital 908K USD -8.28%
Depreciation, Depletion and Amortization 760K USD +10.1%
Interest Expense 6.92M USD -12.8%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%