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 - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 207 % +4.02%
Quick Ratio 120 % -1.14%
Debt-to-equity 2.38K % +131%
Return On Equity -88.6 % -39.6%
Return On Assets -3.86 % +31.1%
Operating Margin 0.01 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.76M shares -2.05%
Common Stock, Shares, Outstanding 2.76M shares -2.05%
Entity Public Float 21.4M USD +24%
Common Stock, Value, Issued 758K USD +0.13%
Weighted Average Number of Shares Outstanding, Basic 2.76M shares -2.02%
Weighted Average Number of Shares Outstanding, Diluted 2.76M shares -2.02%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 282M USD +5.2%
General and Administrative Expense 53.8M USD +25.4%
Operating Income (Loss) 29K USD -188%
Nonoperating Income (Expense) -4.07M USD +32%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.04M USD +61.8%
Income Tax Expense (Benefit) 589K USD +30.6%
Net Income (Loss) Attributable to Parent -6.62M USD +41.9%
Earnings Per Share, Basic -2.35 USD/shares +41.4%
Earnings Per Share, Diluted -2.35 USD/shares +41.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7.82M USD +38.1%
Marketable Securities, Current 326K USD -47.6%
Accounts Receivable, after Allowance for Credit Loss, Current 22.8M USD -28.7%
Inventory, Net 57.8M USD -10.3%
Other Assets, Current 4.62M USD
Assets, Current 101M USD -10.8%
Property, Plant and Equipment, Net 20.8M USD -3.17%
Operating Lease, Right-of-Use Asset 13M USD +7.54%
Intangible Assets, Net (Excluding Goodwill) 10.7M USD -9.95%
Goodwill 10.5M USD -0.54%
Other Assets, Noncurrent 3.47M USD -20.6%
Assets 175M USD -6.26%
Accounts Payable, Current 14M USD +32.4%
Accrued Liabilities, Current 14.5M USD -0.79%
Liabilities, Current 46.9M USD -5.88%
Deferred Income Tax Liabilities, Net 2.45M USD -5.19%
Operating Lease, Liability, Noncurrent 12M USD +8.61%
Other Liabilities, Noncurrent 1.19M USD +2426%
Liabilities 163M USD +0.59%
Accumulated Other Comprehensive Income (Loss), Net of Tax -186K USD -132%
Retained Earnings (Accumulated Deficit) 7.94M USD -40.3%
Stockholders' Equity Attributable to Parent 4.12M USD -63.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 5.17M USD -58.3%
Liabilities and Equity 175M USD -6.26%

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 +0.12%
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 8.71M USD +35.6%
Deferred Tax Assets, Valuation Allowance 9.97M USD +24.6%
Deferred Tax Assets, Gross 16.3M USD +12.8%
Operating Lease, Liability 14M USD +8.9%
Payments to Acquire Property, Plant, and Equipment 339K USD -16.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -7.39M USD +29.7%
Lessee, Operating Lease, Liability, to be Paid 18.8M USD +2.22%
Property, Plant and Equipment, Gross 28.6M USD +1.79%
Operating Lease, Liability, Current 2.03M USD +10.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.54M USD +26.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.68M USD +16.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.8M USD +4.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.91M USD +2.69%
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 1.2M USD -13.7%
Additional Paid in Capital 876K USD +8.55%
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%