Air T, Inc. (AIRT)

NASDAQ: AIRT · IEX Real-Time Price · USD
17.15
+0.43 (2.57%)
Feb 23, 2024, 4:00 PM EST - Market closed

Total Valuation

Air T has a market cap or net worth of $48.32 million. The enterprise value is $154.91 million.

Market Cap 48.32M
Enterprise Value 154.91M

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 (%) 25.29%
Float 985,015

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.17
Forward PS n/a
PB Ratio 7.01
P/FCF Ratio 1.12
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.54
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 3.60

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 decreased by -27.94% in the last 52 weeks. The beta is 0.73, so Air T's price volatility has been lower than the market average.

Beta (1Y) 0.73
52-Week Price Change -27.94%
50-Day Moving Average 16.40
200-Day Moving Average 21.40
Relative Strength Index (RSI) 54.81
Average Volume (30 Days) 3,991

Short Selling Information

The latest short interest is 3,810, so 0.14% of the outstanding shares have been sold short.

Short Interest 3,810
Short Previous Month 4,477
Short % of Shares Out 0.14%
Short % of Float 0.39%
Short Ratio (days to cover) 0.92

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 -29.30%
FCF Yield 89.09%
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 2.28 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.28
Piotroski F-Score 6