AIRT  Air T Inc.

Exchange

NASDAQ

Sector

Transportation

Industry

Air Freight/Delivery Services

Market Cap.

24.8M

Good Balance Sheet

AIRT's Total Assets double Total Liabilities. Its financial position is adequate. Remember to check Shareholders' Equity to see if it's stable or growing. It's one of the best measures of whether a company is creating value for shareholders.
Figures in USD. Fiscal year ends in March
2003200420052006200720082009201020112012
Cash 1.14M 1.31M 4.31M 3.51M 3.76M 2.06M 7.85M 12.03M 6.57M 5.81M
Current Assets 16.77M 14.42M 19.03M 19.03M 20.60M 23.42M 25.26M 26.28M 30.71M 31.21M
Total Assets 21.33M 19.57M 24.11M 23.92M 24.61M 27.31M 29.34M 29.60M 34.22M 35.08M
Current Liabilities 7.18M 6.09M 8.48M 7.95M 7.88M 8.32M 7.57M 4.70M 7.98M 7.97M
Total Liabilities 11.72M 7.90M 11.02M 9.42M 9.17M 9.59M 7.59M 4.70M 7.98M 8.03M
Stockholder' Equity 9.61M 11.68M 13.09M 14.50M 15.45M 17.71M 21.75M 24.90M 26.24M 27.05M
Current Ratio 2.33 2.37 2.24 2.39 2.61 2.82 3.34 5.60 3.85 3.92
TL-to-TA 0.55 0.40 0.46 0.39 0.37 0.35 0.26 0.16 0.23 0.23

Consistent Reinvestment of Profits over the past 10 years

AIRT has consistently retained profits. This may put AIRT in a strong position to invest for the future, by buying new machinery, investing in R&D or a number of other options. By effectively using these earnings, AIRT can greatly improve their long-term economic picture.
Figures in USD. Fiscal year ends in March
2003200420052006200720082009201020112012
Retained Earnings 2.53M 4.13M 5.45M 6.84M 8.66M 11.45M 15.10M 18.06M 19.39M 20.13M
Retained Earnings Growth - 63.17% 32.12% 25.44% 26.58% 32.24% 31.89% 19.58% 7.40% 3.81%