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 - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 215 % +9.29%
Quick Ratio 122 % +2.65%
Debt-to-equity 2.82K % +136%
Return On Equity -36 % +55.1%
Return On Assets -1.4 % +77.4%
Operating Margin 1.11 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.76M shares -2.18%
Common Stock, Shares, Outstanding 2.76M shares -2.18%
Entity Public Float 21.4M USD +24%
Common Stock, Value, Issued 758K USD 0%
Weighted Average Number of Shares Outstanding, Basic 2.76M shares -2.13%
Weighted Average Number of Shares Outstanding, Diluted 2.76M shares -2.13%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 284M USD -0.73%
General and Administrative Expense 55.3M USD +22.8%
Operating Income (Loss) 3.17M USD +412%
Nonoperating Income (Expense) -2.78M USD +51.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 384K USD
Income Tax Expense (Benefit) 438K USD -71%
Net Income (Loss) Attributable to Parent -2.49M USD +78.8%
Earnings Per Share, Basic -0.87 USD/shares +79%
Earnings Per Share, Diluted -0.87 USD/shares +79%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.61M USD +72.3%
Marketable Securities, Current 326K USD -47.6%
Accounts Receivable, after Allowance for Credit Loss, Current 30.8M USD +15.7%
Inventory, Net 51.3M USD -5.84%
Other Assets, Current 5.01M USD
Assets, Current 103M USD +4.42%
Property, Plant and Equipment, Net 20.6M USD -2.41%
Operating Lease, Right-of-Use Asset 14.2M USD +17.8%
Intangible Assets, Net (Excluding Goodwill) 10.7M USD -5.45%
Goodwill 10.7M USD +2.02%
Other Assets, Noncurrent 2.78M USD -35.1%
Assets 197M USD +14.8%
Accounts Payable, Current 15.5M USD +24.8%
Accrued Liabilities, Current 14.3M USD +16.4%
Liabilities, Current 45.1M USD -11.1%
Deferred Income Tax Liabilities, Net 2.45M USD -5.19%
Operating Lease, Liability, Noncurrent 12.9M USD +16.9%
Other Liabilities, Noncurrent 2.18M USD
Liabilities 181M USD +21.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax 204K USD -15.4%
Retained Earnings (Accumulated Deficit) 10.5M USD -13.5%
Stockholders' Equity Attributable to Parent 7.04M USD -29%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 8.81M USD -19.6%
Liabilities and Equity 197M USD +14.8%

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 9.18M USD +55.1%
Deferred Tax Assets, Valuation Allowance 9.97M USD +24.6%
Deferred Tax Assets, Gross 16.3M USD +12.8%
Operating Lease, Liability 15.2M USD +17.6%
Payments to Acquire Property, Plant, and Equipment 339K USD -16.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -2.53M USD +78.2%
Lessee, Operating Lease, Liability, to be Paid 20.2M USD +13.7%
Property, Plant and Equipment, Gross 28.6M USD +1.79%
Operating Lease, Liability, Current 2.3M USD +21.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.91M USD +45.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.05M USD +33.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +19.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.01M USD +26.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.29M USD +23.6%
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 1.73M USD +24.9%
Additional Paid in Capital 878K USD -3.62%
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%