Air T Financials

AIRT Stock  USD 20.00  0.10  0.50%   
Based on the key indicators related to Air T's liquidity, profitability, solvency, and operating efficiency, Air T Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Air T's Non Currrent Assets Other are comparatively stable compared to the past year. Net Receivables is likely to gain to about 31.4 M in 2025, whereas Cash And Short Term Investments are likely to drop slightly above 5.4 M in 2025. Key indicators impacting Air T's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio24.823.62
Sufficiently Up
Slightly volatile
Current Ratio1.991.98
Slightly Up
Pretty Stable
Investors should never underestimate Air T's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Air T's cash flow, debt, and profitability to make informed and accurate decisions about investing in Air T Inc.

Net Income

(5.83 Million)

  
Understanding current and past Air T Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Air T's financial statements are interrelated, with each one affecting the others. For example, an increase in Air T's assets may result in an increase in income on the income statement.

Air T Inc Earnings Geography

Please note, the imprecision that can be found in Air T's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Air T Inc. Check Air T's Beneish M Score to see the likelihood of Air T's management manipulating its earnings.

Air T Stock Summary

Air T competes with Addentax Group, Hub, Landstar System, JB Hunt, and Expeditors International. Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina. Air T operates under Integrated Freight Logistics classification in the United States and is traded on NASDAQ Exchange. It employs 500 people.
Specialization
Industrials, Transportation
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS0092071010
CUSIP009207101 009224304
LocationNorth Carolina; U.S.A
Business Address11020 David Taylor
SectorAir Freight & Logistics
IndustryIndustrials
BenchmarkDow Jones Industrial
Websiteairt.net
Phone980 595 2840
CurrencyUSD - US Dollar

Air T Key Financial Ratios

Air T Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets140.8M207.6M189.6M177.2M203.7M213.9M
Other Current Liab11.4M11.9M11.5M8.2M9.4M9.9M
Net Debt84.9M138.4M131.7M118.1M135.8M142.6M
Retained Earnings16.3M26.7M13.7M8.2M9.4M9.6M
Cash11.0M5.6M5.8M7.1M8.2M4.1M
Net Receivables10.9M32.1M28.7M26.0M29.9M31.4M
Inventory72.0M75.2M71.1M60.7M69.8M73.3M
Other Current Assets10.5M14.5M9.2M9.1M10.4M10.9M
Total Liab119.4M171.1M163.9M158.4M182.1M191.2M
Total Current Assets105.8M128.2M116.6M102.9M118.3M124.2M
Short Term Debt8.4M9.4M42.1M17.9M20.6M21.6M
Intangible Assets1.6M13.3M12.1M11.0M12.6M13.3M
Accounts Payable8.3M9.4M10.4M15.1M17.3M18.2M
Other Liab1.1M1.7M4.2M2.5M2.8M1.7M
Other Assets609K7.9M3.0M3.9M4.5M2.5M
Long Term Debt81.9M129.3M86.3M98.6M113.4M119.0M
Net Tangible Assets25.1M9.5M1.2M1.9M1.8M1.7M

Air T Key Income Statement Accounts

The reason investors look at the income statement is to determine what Air T's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense4.4M4.8M7.9M7.0M8.1M8.5M
Total Revenue175.1M177.1M247.3M286.8M329.9M346.4M
Gross Profit31.7M39.4M48.8M56.5M65.0M68.2M
Operating Income(847K)8.8M4.4M1.3M1.5M2.3M
Ebit(7.1M)18.6M(3.1M)3.1M3.5M3.7M
Ebitda(4.0M)20.4M1.1M5.9M6.7M7.1M
Cost Of Revenue143.5M137.7M198.5M230.3M264.9M278.1M
Income Before Tax(11.8M)13.4M(11.4M)(4.0M)(3.6M)(3.4M)
Net Income(8.4M)10.9M(11.8M)(6.8M)(6.1M)(5.8M)
Income Tax Expense(3.4M)1.2M432K729K656.1K736.9K
Minority Interest7.6M(1.3M)510K(2.1M)(2.5M)(2.3M)
Tax Provision(3.4M)1.2M432K729K656.1K331.8K
Interest Income16K227K328K92K82.8K78.7K
Net Interest Income(4.6M)(4.9M)(7.9M)(6.9M)(6.2M)(6.5M)

Air T Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash356K(7.6M)(1.3M)753K866.0K909.2K
Free Cash Flow(7.8M)(34.6M)15.7M16.1M14.5M15.2M
Depreciation3.1M1.9M4.2M2.8M3.2M3.1M
Other Non Cash Items6.0M(6.7M)7.1M800K720K756K
Capital Expenditures6.0M1.6M1.2M1.1M1.2M1.2M
Net Income(8.4M)12.2M(11.8M)(4.7M)(4.2M)(4.0M)
End Period Cash Flow15.9M8.4M7.1M7.8M9.0M4.9M
Change To Inventory(129K)(17.6M)10.2M9.1M8.2M8.6M
Change To Netincome(654K)4.8M(5.4M)(175K)(201.3K)(191.2K)
Investments1.8M(6.0M)(3.1M)(2.5M)(2.2M)(2.4M)
Net Borrowings15.3M2.4M56.5M(10.9M)(12.5M)(11.9M)

Air Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Air T's current stock value. Our valuation model uses many indicators to compare Air T value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Air T competition to find correlations between indicators driving Air T's intrinsic value. More Info.
Air T Inc is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Air T's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Air T by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Air T Inc Systematic Risk

Air T's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Air T volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty-five with a total number of output elements of sixteen. The Beta measures systematic risk based on how returns on Air T Inc correlated with the market. If Beta is less than 0 Air T generally moves in the opposite direction as compared to the market. If Air T Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Air T Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Air T is generally in the same direction as the market. If Beta > 1 Air T moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Air T is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Air has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Air T's financials are consistent with your investment objective using the following steps:
  • Review Air T's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Air T's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Air T's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Air T's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Air T Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Air T's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Air T growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.25

At this time, Air T's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Air T January 31, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Air T help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Air T Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Air T Inc based on widely used predictive technical indicators. In general, we focus on analyzing Air Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Air T's daily price indicators and compare them against related drivers.

Additional Tools for Air Stock Analysis

When running Air T's price analysis, check to measure Air T's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air T is operating at the current time. Most of Air T's value examination focuses on studying past and present price action to predict the probability of Air T's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air T's price. Additionally, you may evaluate how the addition of Air T to your portfolios can decrease your overall portfolio volatility.