Air T, Inc.

Air T, Inc.verified

AIRT

Price:

$20.85

Market Cap:

$57.55M

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft under the dry-lease agreements with FedEx. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, grou...[Read more]

Industry

Integrated Freight & Logistics

IPO Date

1984-04-24

Stock Exchange

NASDAQ

Ticker

AIRT

The Current Ratio as of December 2024 (TTM) for Air T, Inc. (AIRT) is 2.27

According to Air T, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.27. This represents a change of 5.63% compared to the average of 2.15 of the last 4 quarters.

Air T, Inc. (AIRT) Historical Current Ratio (quarterly & annually)

How has AIRT Current Ratio performed in the past?

The mean historical Current Ratio of Air T, Inc. over the last ten years is 2.63. The current 2.27 Current Ratio has changed 8.56% with respect to the historical average. Over the past ten years (40 quarters), AIRT's Current Ratio was at its highest in in the September 2021 quarter at 5.36. The Current Ratio was at its lowest in in the December 2018 quarter at 1.27.

Quarterly (TTM)
Annual

Average

2.63

Median

2.30

Minimum

1.35

Maximum

4.69

Air T, Inc. (AIRT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Air T, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 158.20%

Maximum Annual Current Ratio = 4.69

Minimum Annual Increase = -56.30%

Minimum Annual Current Ratio = 1.35

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.2021.14%
20231.81-56.30%
20224.1510.54%
20213.75158.20%
20201.457.57%
20191.35-31.68%
20181.98-17.94%
20172.41-2.75%
20162.48-47.15%
20154.6935.78%

Air T, Inc. (AIRT) Average Current Ratio

How has AIRT Current Ratio performed in the past?

The current Current Ratio of Air T, Inc. (AIRT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.72

5-year avg

2.67

10-year avg

2.63

Air T, Inc. (AIRT) Current Ratio vs. Peers

How is AIRT’s Current Ratio compared to its peers?

Air T, Inc.’s Current Ratio is less than Addentax Group Corp. (11.54), less than Hub Group, Inc. (0), greater than Landstar System, Inc. (1.30), greater than J.B. Hunt Transport Services, Inc. (2.21), greater than Expeditors International of Washington, Inc. (0.94), greater than C.H. Robinson Worldwide, Inc. (1.72), greater than Forward Air Corporation (1.49), greater than null (1.21),

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