Air T, Inc. (AIRT)
NASDAQ: AIRT · Real-Time Price · USD
17.29
-1.13 (-6.13%)
Nov 20, 2024, 4:00 PM EST - Market closed

Air T Statistics

Total Valuation

Air T has a market cap or net worth of $47.72 million. The enterprise value is $194.70 million.

Market Cap 47.72M
Enterprise Value 194.70M

Important Dates

The last earnings date was Tuesday, November 12, 2024, after market close.

Earnings Date Nov 12, 2024
Ex-Dividend Date n/a

Share Statistics

Air T has 2.76 million shares outstanding. The number of shares has decreased by -1.31% in one year.

Current Share Class 2.76M
Shares Outstanding 2.76M
Shares Change (YoY) -1.31%
Shares Change (QoQ) -0.04%
Owned by Insiders (%) 9.06%
Owned by Institutions (%) 10.42%
Float 1.92M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.17
Forward PS n/a
PB Ratio 6.78
P/TBV Ratio n/a
P/FCF Ratio n/a
P/OCF Ratio 11.03
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.69
EV / EBITDA 30.91
EV / EBIT 61.21
EV / FCF n/a

Financial Position

The company has a current ratio of 2.27, with a Debt / Equity ratio of 9.12.

Current Ratio 2.27
Quick Ratio 0.94
Debt / Equity 9.12
Debt / EBITDA 13.47
Debt / FCF n/a
Interest Coverage 0.43

Financial Efficiency

Return on equity (ROE) is -0.27% and return on invested capital (ROIC) is 1.30%.

Return on Equity (ROE) -0.27%
Return on Assets (ROA) 1.08%
Return on Capital (ROIC) 1.30%
Revenue Per Employee $455,274
Profits Per Employee -$3,997
Employee Count 624
Asset Turnover 1.54
Inventory Turnover 4.16

Taxes

In the past 12 months, Air T has paid $438,000 in taxes.

Income Tax 438,000
Effective Tax Rate 114.06%

Stock Price Statistics

The stock price has increased by +1.05% in the last 52 weeks. The beta is 0.73, so Air T's price volatility has been lower than the market average.

Beta (5Y) 0.73
52-Week Price Change +1.05%
50-Day Moving Average 17.33
200-Day Moving Average 21.15
Relative Strength Index (RSI) 50.87
Average Volume (20 Days) 19,496

Short Selling Information

The latest short interest is 33,936, so 1.23% of the outstanding shares have been sold short.

Short Interest 33,936
Short Previous Month 27,280
Short % of Shares Out 1.23%
Short % of Float 1.77%
Short Ratio (days to cover) 1.37

Income Statement

In the last 12 months, Air T had revenue of $284.09 million and -$2.49 million in losses. Loss per share was -$0.90.

Revenue 284.09M
Gross Profit 64.13M
Operating Income 3.18M
Pretax Income -6.09M
Net Income -2.49M
EBITDA 6.30M
EBIT 3.18M
Loss Per Share -$0.90
Full Income Statement

Balance Sheet

The company has $8.61 million in cash and $146.55 million in debt, giving a net cash position of -$137.94 million or -$49.98 per share.

Cash & Cash Equivalents 8.61M
Total Debt 146.55M
Net Cash -137.94M
Net Cash Per Share -$49.98
Equity (Book Value) 16.08M
Book Value Per Share 2.55
Working Capital 57.50M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $4.33 million and capital expenditures -$15.70 million, giving a free cash flow of -$11.37 million.

Operating Cash Flow 4.33M
Capital Expenditures -15.70M
Free Cash Flow -11.37M
FCF Per Share -$4.12
Full Cash Flow Statement

Margins

Gross margin is 22.57%, with operating and profit margins of 1.12% and -0.88%.

Gross Margin 22.57%
Operating Margin 1.12%
Pretax Margin 0.14%
Profit Margin -0.88%
EBITDA Margin 2.22%
EBIT Margin 1.12%
FCF Margin 5.61%

Dividends & Yields

Air T does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 1.31%
Shareholder Yield 1.31%
Earnings Yield -5.23%
FCF Yield -23.83%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on June 11, 2019. It was a forward split with a ratio of 1.5:1.

Last Split Date Jun 11, 2019
Split Type Forward
Split Ratio 1.5:1

Scores

Air T has an Altman Z-Score of 2.11 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.11
Piotroski F-Score 6