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Air T (AIRT)

(Delayed Data from NSDQ)

$21.27 USD

21.27
15,394

-0.58 (-2.65%)

Updated Sep 16, 2024 04:00 PM ET

After-Market: $21.49 +0.22 (1.03%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 37% (94 out of 251)

Industry: Transportation - Air Freight and Cargo

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Balance Sheet

Fiscal Year End for Air T, Inc falls in the month of March.

All items in Millions except Per Share data.

3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Assets          
Cash & Equivalents 9 9 11 19 18
Receivables 23 29 32 11 14
Notes Receivable 0 0 0 0 0
Inventories 61 71 75 72 61
Other Current Assets 10 7 10 4 5
Total Current Assets 103 117 128 106 98
Net Property & Equipment 21 22 36 11 33
Investments & Advances 17 13 10 4 6
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 22 23 23 4 5
Deposits & Other Assets 4 4 3 8 1
Total Assets 177 190 208 141 151
Liabilities & Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Notes Payable 0 0 0 0 0
Accounts Payable 15 10 9 8 11
Current Portion Long-Term Debt 14 39 6 6 43
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 16 13 13 13 13
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 47 64 31 28 68
Mortgages 0 0 0 0 0
Deferred Taxes/Income 2 2 3 1 1
Convertible Debt 0 0 0 0 0
Long-Term Debt 99 86 129 82 43
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 0 1 2 1
Minority Interest (Liabilities) 13 13 11 7 6
Total Liabilities 171 177 182 126 126
Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 1 1 0 0 3
Retained Earnings 8 14 27 16 24
Other Equity 1 2 1 0 0
Treasury Stock 5 4 3 3 3
Total Shareholder's Equity 6 13 26 15 25
Total Liabilities & Shareholder's Equity 177 190 208 141 151
Total Common Equity 6 13 26 15 25
Shares Outstanding 2.80 2.80 2.80 2.80 2.90
Book Value Per Share 2.08 4.64 9.19 5.25 8.62

Fiscal Year End for Air T, Inc falls in the month of March.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents 10 9 7 7 8
Receivables 23 23 19 27 32
Notes Receivable 0 0 0 0 0
Inventories 58 61 54 54 64
Other Current Assets 10 10 10 10 8
Total Current Assets 101 103 89 98 113
Net Property & Equipment 21 21 21 21 22
Investments & Advances 16 17 15 14 14
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 21 22 22 22 22
Deposits & Other Assets 3 4 4 4 4
Total Assets 175 177 163 172 187
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable 0 0 0 0 0
Accounts Payable 14 15 14 12 11
Current Portion Long-Term Debt 16 14 17 24 23
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 15 16 12 12 15
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 47 47 45 51 50
Mortgages 0 0 0 0 0
Deferred Taxes/Income 2 2 3 3 3
Convertible Debt 0 0 0 0 0
Long-Term Debt 100 99 83 84 99
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1 0 0 0
Minority Interest (Liabilities) 7 13 13 12 13
Total Liabilities 170 171 155 161 175
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 1 1 1 1 1
Retained Earnings 8 8 9 12 13
Other Equity 1 1 1 1 2
Treasury Stock 5 5 4 4 4
Total Shareholder's Equity 5 6 8 11 12
Total Liabilities & Shareholder's Equity 175 177 163 172 187
Total Common Equity 5 6 8 11 12
Shares Outstanding 2.70 2.80 2.80 2.80 2.80
Book Value Per Share 1.91 2.08 2.84 3.91 4.43