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Air T (AIRT)
NASDAQ:AIRT
US Market

Air T (AIRT) Ratios

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Air T Ratios

AIRT's free cash flow for Q3 2025 was $0.22. For the 2025 fiscal year, AIRT's free cash flow was decreased by $ and operating cash flow was $0.02. See a summary of the company’s cash flow.
Ratios
TTM
Mar 24Mar 23Mar 22Mar 21
Liquidity Ratios
Current Ratio
1.81 1.81 4.15 3.75 1.45
Quick Ratio
0.71 0.71 1.72 1.20 0.56
Cash Ratio
0.09 0.09 0.18 0.39 0.09
Solvency Ratio
-0.05 -0.05 0.07 -0.04 0.07
Operating Cash Flow Ratio
0.26 0.26 -1.07 -0.06 -0.37
Short-Term Operating Cash Flow Coverage
0.42 0.42 -4.17 -0.26 -0.57
Net Current Asset Value
$ -47.31M$ -47.31M$ -42.88M$ -13.66M$ -21.85M
Leverage Ratios
Debt-to-Assets Ratio
0.73 0.73 0.69 0.68 0.62
Debt-to-Equity Ratio
11.55 11.55 5.85 6.99 3.94
Debt-to-Capital Ratio
0.92 0.92 0.85 0.87 0.80
Long-Term Debt-to-Capital Ratio
0.88 0.88 0.84 0.86 0.64
Financial Leverage Ratio
15.92 15.92 8.43 10.26 6.31
Debt Service Coverage Ratio
0.01 0.01 1.51 -0.06 0.28
Interest Coverage Ratio
0.56 0.56 1.82 -0.19 1.07
Debt to Market Cap
1.78 1.78 2.09 1.30 2.49
Interest Debt Per Share
51.11 51.11 51.66 34.85 35.44
Net Debt to EBITDA
122.87 122.87 6.77 -21.06 6.81
Profitability Margins
Gross Profit Margin
19.74%19.74%22.24%18.09%19.80%
EBIT Margin
-1.38%-1.38%10.28%-4.24%3.09%
EBITDA Margin
0.43%0.43%11.54%-2.30%5.49%
Operating Profit Margin
1.79%1.79%4.94%-0.48%2.02%
Pretax Profit Margin
-4.59%-4.59%7.57%-6.73%1.11%
Net Profit Margin
-4.77%-4.77%6.17%-4.79%1.34%
Continuous Operations Profit Margin
-4.77%-4.77%6.90%-4.79%1.34%
Net Income Per EBT
103.81%103.81%81.58%71.25%120.73%
EBT Per EBIT
-256.45%-256.45%153.01%1390.91%54.76%
Return on Assets (ROA)
-6.22%-6.22%5.26%-5.96%2.09%
Return on Equity (ROE)
-99.00%-99.00%44.40%-61.16%13.20%
Return on Capital Employed (ROCE)
3.53%3.53%4.95%-0.75%5.73%
Return on Invested Capital (ROIC)
2.75%2.75%4.29%-0.50%4.49%
Return on Tangible Assets
-7.06%-7.06%5.93%-6.15%2.16%
Earnings Yield
-16.53%-16.53%16.68%-12.27%9.07%
Efficiency Ratios
Receivables Turnover
8.62 8.62 5.52 16.07 16.62
Payables Turnover
19.00 19.00 14.65 17.19 17.48
Inventory Turnover
2.79 2.79 1.83 1.99 3.13
Fixed Asset Turnover
7.45 7.45 4.11 9.51 5.73
Asset Turnover
1.30 1.30 0.85 1.24 1.56
Working Capital Turnover Ratio
3.31 3.31 2.02 3.23 9.61
Cash Conversion Cycle
153.92 153.92 240.41 184.60 117.61
Days of Sales Outstanding
42.35 42.35 66.07 22.71 21.97
Days of Inventory Outstanding
130.79 130.79 199.25 183.13 116.52
Days of Payables Outstanding
19.21 19.21 24.91 21.23 20.88
Operating Cycle
173.13 173.13 265.32 205.83 138.49
Cash Flow Ratios
Operating Cash Flow Per Share
5.94 5.94 -11.49 -0.63 -8.98
Free Cash Flow Per Share
5.53 5.53 -12.03 -2.72 -22.85
CapEx Per Share
0.41 0.41 0.54 2.09 13.86
Free Cash Flow to Operating Cash Flow
0.93 0.93 1.05 4.30 2.54
Dividend Paid and CapEx Coverage Ratio
14.35 14.35 -21.23 -0.30 -0.65
Capital Expenditure Coverage Ratio
14.35 14.35 -21.23 -0.30 -0.65
Operating Cash Flow Coverage Ratio
0.12 0.12 -0.23 -0.02 -0.27
Operating Cash Flow to Sales Ratio
0.07 0.07 -0.19 -0.01 -0.11
Free Cash Flow Yield
22.07%22.07%-52.87%-11.44%-182.63%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
-6.05 -6.05 6.00 -8.15 11.02
Price-to-Sales (P/S) Ratio
0.29 0.29 0.37 0.39 0.15
Price-to-Book (P/B) Ratio
5.99 5.99 2.66 4.98 1.45
Price-to-Free Cash Flow (P/FCF) Ratio
4.53 4.53 -1.89 -8.74 -0.55
Price-to-Operating Cash Flow Ratio
4.22 4.22 -1.98 -37.61 -1.39
Price-to-Earnings Growth (PEG) Ratio
0.03 0.03 -0.03 0.02 0.07
Price-to-Fair Value
5.99 5.99 2.66 4.98 1.45
Enterprise Value Multiple
189.37 189.37 9.98 -38.01 9.49
Enterprise Value
203.01M 203.01M 203.89M 153.35M 123.43M
EV to EBITDA
189.37 189.37 9.98 -38.01 9.49
EV to Sales
0.82 0.82 1.15 0.88 0.52
EV to Free Cash Flow
12.90 12.90 -5.89 -19.60 -1.94
EV to Operating Cash Flow
12.01 12.01 -6.16 -84.31 -4.92
Tangible Book Value Per Share
1.06 1.06 4.55 5.38 9.36
Shareholders’ Equity Per Share
4.18 4.18 8.55 4.77 8.60
Tax and Other Ratios
Effective Tax Rate
-0.04 -0.04 0.09 0.29 -0.21
Revenue Per Share
86.90 86.90 61.49 60.85 84.84
Net Income Per Share
-4.14 -4.14 3.79 -2.92 1.14
Tax Burden
1.04 1.04 0.82 0.71 1.21
Interest Burden
3.32 3.32 0.74 1.59 0.36
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.18 0.18 0.17 0.20 0.17
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 0.00 0.00
Income Quality
-1.43 -1.43 -2.71 0.22 -7.91
Currency in USD
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