Air T, Inc.

Air T, Inc.verified

AIRTP

Price:

$17.1

Market Cap:

$57.91M

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

2019-06-13

Stock Exchange

NASDAQ

Ticker

AIRTP

The Current Ratio as of December 2024 (TTM) for Air T, Inc. (AIRTP) 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. (AIRTP) Historical Current Ratio (quarterly & annually)

How has AIRTP 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), AIRTP'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. (AIRTP) 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. (AIRTP) Average Current Ratio

How has AIRTP Current Ratio performed in the past?

The current Current Ratio of Air T, Inc. (AIRTP) 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. (AIRTP) Current Ratio vs. Peers

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

Air T, Inc.’s Current Ratio is less than Cryoport, Inc. (5.70), greater than Forward Air Corporation (1.21), greater than Hub Group, Inc. (1.30), greater than C.H. Robinson Worldwide, Inc. (1.49), greater than Shengfeng Development Limited (1.30), greater than Jayud Global Logistics Limited (0.75), less than Freightos Limited Ordinary shares (2.90), less than Air T, Inc. (2.27), greater than Prosegur Cash, S.A. (0.96),

Build a custom stock screener for Air T, Inc. (AIRTP) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Air T, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Air T, Inc. (AIRTP) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Air T, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Air T, Inc.'s Current Ratio?

How is the Current Ratio calculated for Air T, Inc. (AIRTP)?

What is the highest Current Ratio for Air T, Inc. (AIRTP)?

What is the 3-year average Current Ratio for Air T, Inc. (AIRTP)?

What is the 5-year average Current Ratio for Air T, Inc. (AIRTP)?

How does the current Current Ratio for Air T, Inc. (AIRTP) compare to its historical average?