Name: Air T, Inc. (AIRT) Balance Sheet
Creator: FinSpry

Air T Balance Sheet Analysis

Assets, liabilities, and stockholders equity in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Air T, Inc. (AIRT) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Current Assets
Cash and Cash Equivalents	5.93	7.10	5.81	5.62	11.00	17.25	14.18
Short-Term Investments	0.42	0.53	0.00	0.86	1.41	0.00	0.00
Cash & Short-Term Investments	6.35	7.10	5.81	6.48	12.40	17.25	14.18
Accounts Receivable	24.78	22.91	27.22	32.05	10.89	0.00	11.02
Inventory	38.52	60.72	71.13	75.17	71.97	60.62	27.46
Other Current Assets	8.86	3.48	3.26	10.11	0.00	0.00	6.14
Total Current Assets	78.51	99.78	113.36	128.24	105.77	98.49	71.35
Non-Current Assets
Property, Plant & Equipment (Net)	48.22	32.24	33.11	43.08	18.41	13.39	29.43
Long-Term Investments	19.00	16.65	13.23	9.86	4.48	0.00	0.00
Goodwill	10.54	10.54	10.56	10.13	4.23	0.00	0.00
Intangible Assets	10.02	10.98	12.10	13.26	1.60	0.00	0.00
Other Non-Current Assets	7.49	6.98	7.21	3.03	6.27	30.12	1.59
Total Non-Current Assets	95.27	77.34	76.24	79.36	34.98	52.94	43.80
Total Assets	173.78	177.17	189.60	207.60	140.75	151.43	115.14
Current Liabilities
Accounts Payable	17.78	30.72	23.89	9.40	8.34	23.89	26.47
Short-Term Debt	12.76	14.36	38.74	6.48	5.64	0.00	0.00
Current Portion of Long-Term Debt	10.38	14.36	38.74	6.48	5.64	0.00	0.00
Accrued Liabilities	9.22	12.69	10.69	10.44	11.54	0.00	0.00
Deferred Revenue	3.69	2.96	2.44	0.00	0.00	0.00	0.00
Other Current Liabilities	13.44	5.06	4.27	2.95	1.25	0.00	1.59
Total Current Liabilities	47.66	46.84	64.29	30.91	28.18	67.75	52.79
Non-Current Liabilities
Long-Term Debt	116.36	109.08	97.12	129.33	82.45	50.61	32.92
Deferred Tax Liabilities	2.25	2.45	2.42	2.81	0.60	0.00	0.00
Other Non-Current Liabilities	1.98	0.00	0.05	1.34	1.14	1.40	0.60
Total Non-Current Liabilities	120.58	111.53	99.58	140.21	91.26	52.59	38.99
Total Liabilities	168.24	158.37	163.87	171.12	119.44	120.34	91.79
Stockholders' Equity
Common Stock	0.76	0.76	0.76	0.76	0.76	0.00	0.00
Retained Earnings	2.13	8.11	14.50	26.73	16.27	23.77	21.19
Accumulated Other Comprehensive Income	-0.65	-0.08	0.82	-0.26	-0.68	-0.54	-0.21
Treasury Stock	6.40	-4.96	-4.08	3.00	-2.62	-2.62	0.00
Additional Paid-in Capital	0.95	0.86	0.73	0.39	0.00	2.64	2.87
Minority Interest	8.75	14.03	13.79	11.87	7.59	7.09	-1.00
Shares Outstanding	2.70	2.78	2.82	2.87	0.00	0.00	0.00
Total Stockholders' Equity	-3.22	18.80	25.69	36.48	21.31	25.01	23.36
Total Liabilities & Equity	173.78	177.17	189.60	207.60	140.75	151.43	115.14