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Air T (AIRT)

(Delayed Data from NSDQ)

$24.22 USD

24.22
21,592

-1.90 (-7.27%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $25.25 +1.03 (4.25%) 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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Zacks Rank Home - Zacks Rank resources in one place

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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

Bottom 23% (193 out of 252)

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 -99,999 9 11 19 18
Receivables NA 29 32 11 14
Notes Receivable NA 0 0 0 0
Inventories NA 71 75 72 61
Other Current Assets NA 7 10 4 5
Total Current Assets NA 117 128 106 98
Net Property & Equipment NA 22 36 11 33
Investments & Advances NA 13 10 4 6
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 23 23 4 5
Deposits & Other Assets NA 4 3 8 1
Total Assets NA 190 208 141 151
Liabilities & Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Notes Payable NA 0 0 0 0
Accounts Payable NA 10 9 8 11
Current Portion Long-Term Debt NA 39 6 6 43
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 13 13 13 13
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 64 31 28 68
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 2 3 1 1
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 86 129 82 43
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 0 1 2 1
Minority Interest (Liabilities) NA 13 11 7 6
Total Liabilities NA 177 182 126 126
Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 1
Capital Surplus NA 1 0 0 3
Retained Earnings NA 14 27 16 24
Other Equity NA 2 1 0 0
Treasury Stock NA 4 3 3 3
Total Shareholder's Equity NA 13 26 15 25
Total Liabilities & Shareholder's Equity NA 190 208 141 151
Total Common Equity 0 13 26 15 25
Shares Outstanding 2.80 2.80 2.80 2.80 2.90
Book Value Per Share 0.00 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.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 7 7 8 9
Receivables NA 19 27 32 29
Notes Receivable NA 0 0 0 0
Inventories NA 54 54 64 71
Other Current Assets NA 10 10 8 7
Total Current Assets NA 89 98 113 117
Net Property & Equipment NA 21 21 22 22
Investments & Advances NA 15 14 14 13
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 22 22 22 23
Deposits & Other Assets NA 4 4 4 4
Total Assets NA 163 172 187 190
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 14 12 11 10
Current Portion Long-Term Debt NA 17 24 23 39
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 12 12 15 13
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 45 51 50 64
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 3 3 3 2
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 83 84 99 86
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 0 0 0
Minority Interest (Liabilities) NA 13 12 13 13
Total Liabilities NA 155 161 175 177
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 1
Capital Surplus NA 1 1 1 1
Retained Earnings NA 9 12 13 14
Other Equity NA 1 1 2 2
Treasury Stock NA 4 4 4 4
Total Shareholder's Equity NA 8 11 12 13
Total Liabilities & Shareholder's Equity NA 163 172 187 190
Total Common Equity 0 8 11 12 13
Shares Outstanding 2.80 2.80 2.80 2.80 2.80
Book Value Per Share 0.00 2.84 3.91 4.43 4.64