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Air T (AIRT) Ratios
Air T Ratios
AIRT's free cash flow for Q1 2027 was $-24.15M. For the 2027 fiscal year, AIRT's free cash flow was decreased by $-21.32M and operating cash flow was $-2.83M. See a summary of the company’s cash flow.
| Ratios | Mar 26 | Mar 25 | Mar 24 | Mar 23 | Mar 22 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.67 | 1.65 | 2.20 | 1.81 | 4.15 |
| Quick Ratio | 0.87 | 0.84 | 0.90 | 0.71 | 1.72 |
| Cash Ratio | 0.21 | 0.12 | 0.15 | 0.09 | 0.18 |
| Solvency Ratio | 0.28 | -0.01 | -0.03 | -0.05 | 0.07 |
| Operating Cash Flow Ratio | -0.26 | 0.49 | 0.37 | 0.26 | -1.07 |
| Short-Term Operating Cash Flow Coverage | -5.51 | 2.26 | 1.20 | 0.44 | -5.10 |
| Net Current Asset Value | $ -157.93M | $ -89.73M | $ -55.49M | $ -47.31M | $ -42.88M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.55 | 0.74 | 0.71 | 0.73 | 0.69 |
| Debt-to-Equity Ratio | 2.82 | -40.15 | 26.25 | 11.55 | 5.85 |
| Debt-to-Capital Ratio | 0.74 | 1.03 | 0.96 | 0.92 | 0.85 |
| Long-Term Debt-to-Capital Ratio | 0.72 | 1.03 | 0.95 | 0.88 | 0.84 |
| Financial Leverage Ratio | 5.13 | -54.04 | 37.14 | 15.92 | 8.43 |
| Debt Service Coverage Ratio | 6.30 | 0.39 | 0.22 | 0.01 | 1.62 |
| Interest Coverage Ratio | -1.48 | 0.21 | 0.18 | -0.53 | 1.69 |
| Debt to Market Cap | 3.55 | 2.47 | 1.91 | 1.75 | 2.07 |
| Interest Debt Per Share | 87.86 | 50.20 | 46.95 | 51.22 | 51.79 |
| Net Debt to EBITDA | 1.85 | 15.45 | 21.35 | 177.75 | 6.90 |
| Profitability Margins | |||||
| Gross Profit Margin | 18.94% | 20.62% | 18.26% | 19.74% | 22.24% |
| EBIT Margin | 30.06% | 1.24% | 0.95% | -1.38% | 10.28% |
| EBITDA Margin | 33.83% | 2.73% | 1.93% | 0.30% | 11.33% |
| Operating Profit Margin | -5.78% | 0.65% | 0.44% | -1.78% | 4.94% |
| Pretax Profit Margin | 26.30% | -1.71% | -1.38% | -4.59% | 7.57% |
| Net Profit Margin | 23.84% | -2.10% | -2.38% | -4.97% | 6.17% |
| Continuous Operations Profit Margin | 25.88% | -1.85% | -1.63% | -4.77% | 6.90% |
| Net Income Per EBT | 90.66% | 123.10% | 172.41% | 108.30% | 81.58% |
| EBT Per EBIT | -455.20% | -261.43% | -312.90% | 257.61% | 153.01% |
| Return on Assets (ROA) | 19.06% | -3.53% | -3.85% | -6.49% | 5.26% |
| Return on Equity (ROE) | 97.71% | 190.92% | -142.96% | -103.28% | 44.40% |
| Return on Capital Employed (ROCE) | -6.03% | 1.51% | 0.97% | -3.52% | 4.95% |
| Return on Invested Capital (ROIC) | -5.78% | 1.37% | 0.86% | -2.66% | 4.33% |
| Return on Tangible Assets | 20.29% | -4.01% | -4.38% | -7.37% | 5.93% |
| Earnings Yield | 132.34% | -13.21% | -11.51% | -17.25% | 16.68% |
| Efficiency Ratios | |||||
| Receivables Turnover | 8.16 | 11.78 | 11.03 | 8.62 | 5.52 |
| Payables Turnover | 7.17 | 13.03 | 15.56 | 19.00 | 14.65 |
| Inventory Turnover | 3.44 | 6.01 | 3.86 | 2.79 | 1.83 |
| Fixed Asset Turnover | 1.85 | 6.05 | 8.83 | 7.45 | 4.11 |
| Asset Turnover | 0.80 | 1.68 | 1.62 | 1.30 | 0.85 |
| Working Capital Turnover Ratio | 6.86 | 6.72 | 5.30 | 3.31 | 2.02 |
| Cash Conversion Cycle | 100.01 | 63.66 | 104.16 | 153.92 | 240.41 |
| Days of Sales Outstanding | 44.73 | 30.99 | 33.09 | 42.35 | 66.07 |
| Days of Inventory Outstanding | 106.17 | 60.69 | 94.53 | 130.79 | 199.25 |
| Days of Payables Outstanding | 50.89 | 28.02 | 23.46 | 19.21 | 24.91 |
| Operating Cycle | 150.90 | 91.67 | 127.62 | 173.13 | 265.32 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -9.27 | 8.54 | 6.10 | 5.94 | -11.49 |
| Free Cash Flow Per Share | -15.36 | 2.84 | 5.72 | 5.53 | -12.03 |
| Dividend Paid and CapEx Coverage Ratio | -1.52 | 1.50 | 15.96 | 14.35 | -21.23 |
| Capital Expenditure Coverage Ratio | -1.52 | 1.50 | 15.96 | 14.35 | -21.23 |
| Operating Cash Flow Coverage Ratio | -0.11 | 0.18 | 0.14 | 0.12 | -0.23 |
| Operating Cash Flow to Sales Ratio | -0.08 | 0.08 | 0.06 | 0.07 | -0.19 |
| Free Cash Flow Yield | -70.47% | 16.82% | 27.19% | 22.07% | -52.87% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 0.76 | -7.58 | -8.68 | -5.80 | 6.00 |
| Price-to-Sales (P/S) Ratio | 0.18 | 0.16 | 0.21 | 0.29 | 0.37 |
| Price-to-Book (P/B) Ratio | 0.74 | -14.45 | 12.42 | 5.99 | 2.66 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -1.42 | 5.95 | 3.68 | 4.53 | -1.89 |
| Price-to-Operating Cash Flow Ratio | -2.35 | 1.98 | 3.45 | 4.22 | -1.98 |
| Price-to-Earnings Growth (PEG) Ratio | -0.00 | 0.97 | 0.20 | 0.03 | -0.02 |
| Enterprise Value Multiple | 2.38 | 21.28 | 32.06 | 273.96 | 10.16 |
| Enterprise Value | 263.30M | 169.66M | 177.32M | 203.01M | 203.89M |
| EV to EBITDA | 2.38 | 21.28 | 32.06 | 273.96 | 10.16 |
| EV to Sales | 0.80 | 0.58 | 0.62 | 0.82 | 1.15 |
| EV to Free Cash Flow | -6.34 | 21.70 | 11.01 | 12.90 | -5.89 |
| EV to Operating Cash Flow | -10.51 | 7.22 | 10.32 | 12.01 | -6.16 |
| Tangible Book Value Per Share | 24.56 | -5.46 | -0.97 | 1.06 | 4.55 |
| Shareholders’ Equity Per Share | 29.53 | -1.17 | 1.69 | 4.18 | 8.55 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.02 | -0.08 | -0.18 | -0.04 | 0.09 |
| Revenue Per Share | 121.01 | 106.13 | 101.86 | 86.90 | 61.49 |
| Net Income Per Share | 28.85 | -2.23 | -2.42 | -4.32 | 3.79 |
| Tax Burden | 0.91 | 1.23 | 1.72 | 1.08 | 0.82 |
| Interest Burden | 0.87 | -1.38 | -1.45 | 3.32 | 0.74 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.25 | 0.20 | 0.18 | 0.17 | 0.17 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | -0.30 | -4.34 | -3.67 | -1.43 | -2.71 |
Currency in USD
