Air T Statistics

Total Valuation

Air T has a market cap or net worth of $73.60 million. The enterprise value is $180.18 million.

Market Cap	73.60M
Enterprise Value	180.18M

Important Dates

The last earnings date was Monday, February 12, 2024, after market close.

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

Share Statistics

Air T has 2.82 million shares outstanding. The number of shares has decreased by -0.49% in one year.

Shares Outstanding	2.82M
Shares Change (YoY)	-0.49%
Shares Change (QoQ)	+0.07%
Owned by Insiders (%)	50.34%
Owned by Institutions (%)	25.28%
Float	985,015

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.26
Forward PS	n/a
PB Ratio	10.67
P/FCF Ratio	1.71
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	0.62
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	4.19

Financial Position

The company has a current ratio of 1.99, with a Debt / Equity ratio of 16.47.

Current Ratio	1.99
Quick Ratio	0.56
Debt / Equity	16.47
Debt / EBITDA	n/a
Debt / FCF	2.64
Interest Coverage	-0.74

Financial Efficiency

Return on equity (ROE) is -141.40% and return on invested capital (ROIC) is -4.77%.

Return on Equity (ROE)	-141.40%
Return on Assets (ROA)	-8.00%
Return on Capital (ROIC)	-4.77%
Revenue Per Employee	$494,058
Profits Per Employee	-$24,245
Employee Count	584
Asset Turnover	1.62
Inventory Turnover	3.34

Taxes

In the past 12 months, Air T has paid $1.82 million in taxes.

Income Tax	1.82M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +6.22% in the last 52 weeks. The beta is 0.79, so Air T's price volatility has been lower than the market average.

Beta (1Y)	0.79
52-Week Price Change	+6.22%
50-Day Moving Average	20.14
200-Day Moving Average	20.21
Relative Strength Index (RSI)	64.54
Average Volume (30 Days)	9,570

Short Selling Information

The latest short interest is 10,396, so 0.37% of the outstanding shares have been sold short.

Short Interest	10,396
Short Previous Month	13,238
Short % of Shares Out	0.37%
Short % of Float	1.06%
Short Ratio (days to cover)	0.72

Income Statement

In the last 12 months, Air T had revenue of $288.53 million and -$14.16 million in losses. Loss per share was -$5.00.

Revenue	288.53M
Gross Profit	54.68M
Operating Income	-5.74M
Pretax Income	-12.34M
Net Income	-14.16M
EBITDA	-1.97M
EBIT	-5.24M
Loss Per Share	-$5.00

Full Income Statement

Balance Sheet

The company has $6.98 million in cash and $113.56 million in debt, giving a net cash position of -$106.58 million or -$37.83 per share.

Cash & Cash Equivalents	6.98M
Total Debt	113.56M
Net Cash	-106.58M
Net Cash Per Share	-$37.83
Equity / Book Value	6.90M
Book Value Per Share	2.45
Working Capital	44.53M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $43.87 million and capital expenditures -$819,000, giving a free cash flow of $43.05 million.

Operating Cash Flow	43.87M
Capital Expenditures	-819,000
Free Cash Flow	43.05M
FCF Per Share	$15.26

Full Cash Flow Statement

Margins

Gross margin is 18.95%, with operating and profit margins of -1.99% and -4.91%.

Gross Margin	18.95%
Operating Margin	-1.99%
Pretax Margin	-4.28%
Profit Margin	-4.91%
EBITDA Margin	-0.68%
EBIT Margin	-1.82%
FCF Margin	14.92%

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	1
Payout Ratio	n/a
Buyback Yield	0.49%
Shareholder Yield	0.49%
Earnings Yield	-19.24%
FCF Yield	58.49%

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 3:2.

Last Split Date	Jun 11, 2019
Split Type	Forward
Split Ratio	3:2

Scores

Air T has an Altman Z-Score of 2.38 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.38
Piotroski F-Score	6