Air T, Inc. Financial Ratios — AIRTP Stock

Profitability (USD)

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	03/31/2012	03/31/2013	03/31/2014	03/31/2015	03/31/2016	03/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Return on Common Equity (%)	5.07	6.05	5.29	8.69	13.79	-11.24	9.47	5.42	31.66	-38.57	57.01	-67.34	-81.79	-103.73	186.21
Return on Assets (%)	3.9	4.69	4	6.16	9.23	-5.47	2.8	1.26	5.74	-4.98	6.27	-6.19	-3.72	-3.5	26.76
Return on Capital (%)	5.09	6.05	5.29	7.99	14.23	- -	6.31	2.24	- -	- -	9.42	- -	- -	- -	37.03
Return on Invested Capital (%)	4.96	6.08	5.21	6	10.27	- -	8.19	8.21	- -	- -	5.91	- -	- -	- -	-8.3
Gross Margin (%)	14.98	13.62	15.33	14.95	16.83	13.57	17.41	19.93	19.87	18.09	22.24	19.74	18.26	20.62	18.94
EBITDA Margin (%)	2.7	3.17	3.34	3.03	4.91	0.05	3.86	7.71	5.48	0.29	6.45	3.07	1.42	2.3	-2
Operating Margin (%)	2.29	2.65	2.59	2.27	4.07	-2.09	2.62	4.34	3.07	-1.48	5.4	1.39	0.44	0.8	-5.78
Incremental Operating Margin (%)	-23.04	4.98	5.39	-0.54	9.65	- -	17.78	20.29	-9.74	- -	621.57	-8.72	-5.51	21.51	- -
Pretax Margin (%)	2.35	2.65	2.64	3.04	4.15	-2.84	1.36	2.77	1.11	-6.73	7.57	-4.59	-1.38	-1.71	26.3
Profit Margin (%)	1.51	1.62	1.46	2.21	2.98	-2.16	1.17	0.62	3.23	-4.16	6.17	-4.97	-2.38	-2.1	23.84
Net Income to Common Margin (%)	1.51	1.62	1.46	2.21	2.98	-2.16	1.17	0.62	3.23	-4.16	6.17	-4.97	-2.38	-2.1	23.84
Effective Tax Rate (%)	35.59	38.83	44.84	27.26	38.93	- -	7.35	29.51	- -	- -	8.73	- -	- -	- -	1.59
Dvd Payout Ratio (%)	45.29	36.62	50.04	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	2.77	3.84	2.64	8.69	13.79	-11.24	9.47	5.42	31.66	-38.57	57.01	-67.34	-81.79	-103.73	186.21

Credit (USD)

Credit Ratios API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	03/31/2012	03/31/2013	03/31/2014	03/31/2015	03/31/2016	03/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Total Debt	- -	- -	- -	5	2	18	48	58	94	96	144	138	125	129	225
ST Debt	- -	- -	- -	- -	2	- -	9	25	44	7	8	40	16	13	8
LT Debt	- -	- -	- -	5	- -	18	39	33	51	89	136	97	109	116	217
Total Debt/EBITDA	- -	- -	- -	1.47	0.26	227.42	6.4	3.47	7.28	186.66	12.6	18.09	30.82	19.27	-34.27
Net Debt/EBITDA	-2.41	-2.82	-1.12	-2.46	-0.48	193.34	5.76	2.72	6.15	148.83	11.4	15.69	26.05	16.27	-28.79
Total Debt/EBIT	- -	- -	- -	1.96	0.31	-5.95	9.45	6.17	12.99	-37	15.05	39.97	99.05	55.11	-11.89
Net Debt/EBIT	-2.83	-3.37	-1.44	-3.29	-0.58	-5.05	8.51	4.84	10.98	-29.5	13.61	34.66	83.72	46.51	-9.99
EBITDA to Interest Expense	207.35	- -	- -	- -	90.2	0.14	4.43	5.05	2.91	0.12	2.38	0.96	0.61	0.78	-0.53
EBITDA-CapEx/Interest Expense	207.35	- -	- -	- -	74.77	0.14	4.43	5.05	2.91	0.12	2.38	0.96	0.61	0.78	-0.53
EBIT to Interest Expense	176.08	- -	- -	- -	74.63	-5.42	3	2.84	1.63	-0.6	1.99	0.43	0.19	0.27	-1.54
Interest Expense	- -	- -	- -	- -	- -	1	2	3	4	4	5	8	7	9	12
Common Equity/Total Assets	77.11	78	73.51	68.56	65.63	35.15	25.86	21.16	15.85	9.75	11.86	6.28	2.69	-1.85	19.51
Long-Term Debt/Equity (%)	- -	- -	- -	16.78	0.01	78	148.1	114.16	162.78	417.29	372.99	378.02	580.35	2,101.82	237.61
Long-Term Debt/Capital (%)	- -	- -	- -	14.37	0.01	43.79	52.28	38.06	40.31	75.85	75.39	59.51	75.75	86.41	68.61
Long-Term Debt/Total Assets (%)	- -	- -	- -	11.51	0.01	28.18	40	28.59	33.42	63.18	65.54	51.23	61.57	66.96	52.98
Total Debt/Equity (%)	- -	- -	- -	16.78	5.29	78.1	183.28	199.95	303.84	450.17	394.72	535.26	666.11	2,332.28	246.33
Total Debt/Capital (%)	- -	- -	- -	14.37	5.02	43.85	64.7	66.66	75.24	81.82	79.79	84.26	86.95	95.89	71.13
Total Debt/Total Assets (%)	- -	- -	- -	11.51	3.57	28.22	49.5	50.07	62.38	68.16	69.36	72.55	70.67	74.3	54.92
Net Debt to Equity	-21.49	-32.7	-13.74	-28.15	-9.87	66.4	164.97	156.88	256.88	358.95	356.91	464.27	563.02	1,968.26	206.95
Net Debt/Capital (%)	-27.38	-48.6	-15.93	-39.19	-10.95	39.9	62.26	61.07	66.78	72	74.46	75.78	77.3	84.65	63.86
EBITDA	2	3	3	3	7	- -	8	17	13	1	11	8	4	7	-7
EBITDA-CapEx	2	3	3	3	6	- -	8	17	13	1	11	8	4	7	-7
Operating Income (Loss)	2	3	3	3	6	-3	5	9	7	-3	10	3	1	2	-19

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	03/31/2012	03/31/2013	03/31/2014	03/31/2015	03/31/2016	03/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Cash Ratio	0.73	1.17	0.58	2.26	0.65	0.24	0.16	0.27	0.11	0.44	0.21	0.09	0.16	0.13	0.22
Current Ratio	3.78	3.88	3.45	4.69	2.48	2.41	1.98	1.35	1.45	3.75	4.15	1.81	2.2	1.65	1.67
Quick Ratio	1.94	2.71	1.98	3.54	1.52	1.31	0.79	0.48	0.32	0.83	1.25	0.56	0.73	0.65	0.64
CFO/Avg Current Liab	0.09	0.55	-0.07	0.79	0.27	-0.42	-0.01	0.5	-0.42	-0.04	-1.12	0.36	0.31	0.5	-0.35
Common Equity/Total Assets	77.11	78	73.51	68.56	65.63	35.15	25.86	21.16	15.85	9.75	11.86	6.28	2.69	-1.85	19.51
Long-Term Debt/Equity (%)	- -	- -	- -	16.78	0.01	78	148.1	114.16	162.78	417.29	372.99	378.02	580.35	2,101.82	237.61
Long-Term Debt/Capital (%)	- -	- -	- -	14.37	0.01	43.79	52.28	38.06	40.31	75.85	75.39	59.51	75.75	86.41	68.61
Long-Term Debt/Total Assets (%)	- -	- -	- -	11.51	0.01	28.18	40	28.59	33.42	63.18	65.54	51.23	61.57	66.96	52.98
Total Debt/Equity (%)	- -	- -	- -	16.78	5.29	78.1	183.28	199.95	303.84	450.17	394.72	535.26	666.11	2,332.28	246.33
Total Debt/Capital (%)	- -	- -	- -	14.37	5.02	43.85	64.7	66.66	75.24	81.82	79.79	84.26	86.95	95.89	71.13
Total Debt/Total Assets (%)	- -	- -	- -	11.51	3.57	28.22	49.5	50.07	62.38	68.16	69.36	72.55	70.67	74.3	54.92
CFO/Total Liabilities	9.37	55	-5.62	50.07	19.04	-18.1	-0.39	24.26	-20.84	-1.52	-19.33	10.32	10.85	13.97	-7.88
CFO/CapEx	- -	- -	- -	- -	2.58	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	4.3	4.69	4.48	4.4	4.66	3.33	3.03	2.71	2.52	2.46	2.2	2.26	2.56	2.38	1.28

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	03/31/2012	03/31/2013	03/31/2014	03/31/2015	03/31/2016	03/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Accounts Receivable Turnover	8.66	9.99	9.19	11.34	13.57	9.51	11.41	16.55	19.77	17.89	13.52	10.55	11.44	12.46	10.25
Days Sales Outstanding	42.15	36.55	39.72	32.18	26.89	38.38	31.98	22.05	18.47	20.41	26.99	34.61	31.89	29.28	35.6
Inventory Turnover	6.08	8.23	8.36	9.53	12.29	8.01	5.95	5.59	4.31	2.16	1.87	2.71	3.56	4.67	4.59
Days Inventory Outstanding	60.01	44.34	43.68	38.31	29.7	45.59	61.35	65.24	84.72	168.69	195.02	134.5	102.63	78.18	79.6
Accounts Payable Turnover	12.88	14.27	14.69	16.33	21.8	14.63	16.1	15.36	20.02	16.12	15.88	19.6	17.56	12.75	11.1
Accounts Payable Turnover Days	28.34	25.58	24.84	22.35	16.74	24.96	22.67	23.77	18.24	22.65	22.98	18.63	20.79	28.63	32.9
Cash Conversion Cycle	73.81	55.31	58.56	48.14	39.85	59.01	70.66	63.53	84.95	166.45	199.03	150.48	113.73	78.83	82.3
Inventory to Cash Days	-17.86	-7.8	-3.96	-6.13	-2.81	-7.2	-29.38	-43.19	-66.26	-148.28	-168.02	-99.89	-70.73	-48.9	-44
Inventories	13	8	12	8	12	20	34	27	61	72	75	71	61	39	77
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	13	8	12	8	12	20	34	27	61	72	75	71	61	39	77

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	03/31/2012	03/31/2013	03/31/2014	03/31/2015	03/31/2016	03/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	54	72	67	61	48	46	52
- Cash & Cash Equivalents	6	9	4	13	5	3	5	12	6	11	6	6	7	6	20
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	1	1	1	4	7	8	12	14	14	9	11
+ Total Debt	- -	- -	- -	5	2	18	48	58	94	96	144	138	125	129	225
Enterprise Value	-6	-9	-5	-14	-7	14	44	48	148	163	216	206	180	178	266
Total Capital	27	28	27	35	37	42	74	86	126	117	180	163	144	135	316
Total Debt/Capital (%)	- -	- -	- -	14.37	5.02	43.85	64.7	66.66	75.24	81.82	79.79	84.26	86.95	95.89	71.13
Total Debt / EV	- -	- -	- -	-0.37	-0.25	1.3	1.09	1.2	0.64	0.59	0.67	0.67	0.7	0.73	0.84
EV/Sales	- -	- -	- -	- -	- -	0.1	0.23	0.22	0.62	0.93	1.22	0.83	0.63	0.61	0.81
EV/EBITDA	- -	- -	- -	- -	- -	174.96	5.87	2.89	11.36	318.01	18.95	27.12	44.26	26.52	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	8.67	5.13	20.29	- -	22.63	59.92	142.23	75.83	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	34.1	2.06	- -	127.52	- -	8.2	7.16	5.41	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	34.1	2.06	- -	127.52	- -	8.2	7.16	5.41	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	-6	-9	-4	-8	-2	16	44	50	96	93	150	146	132	132	216
EV per Share	- -	- -	- -	- -	- -	4.63	14.39	15.8	51.19	56.72	75.51	73.16	64.78	65.74	98.61
TTM Sales	89	103	101	112	148	148	195	216	237	175	177	247	287	292	327
TTM EBITDA	2	3	3	3	7	- -	8	17	13	1	11	8	4	7	-7
TTM Operating Income	2	3	3	3	6	-3	5	9	7	-3	10	3	1	2	-19
TTM Cash Flow to Firm	1	4	-1	7	3	-7	1	23	-20	1	-29	25	25	33	-13
TTM Free Cash Flow to Firm	1	4	-1	7	5	-7	1	23	-20	1	-29	25	25	33	-13

Multiples (USD)

Valuation Multiples API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	03/31/2012	03/31/2013	03/31/2014	03/31/2015	03/31/2016	03/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	8.67	5.13	20.29	- -	22.63	59.92	142.23	75.83	- -
Enterprise Value	-6	-9	-5	-14	-7	14	44	48	148	163	216	206	180	178	266
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	18.01	18.6	22.25	19.1	14.69	16.02	14.37
EV/Sales	- -	- -	- -	- -	- -	0.1	0.23	0.22	0.62	0.93	1.22	0.83	0.63	0.61	0.81
EV/EBITDA	- -	- -	- -	- -	- -	174.96	5.87	2.89	11.36	318.01	18.95	27.12	44.26	26.52	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	2.23	5.27	2.73	5.1	10.1	-14.35	0.65
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	2.91	4.76	2.87	5.32	11.49	-14.57	0.63
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	3.79	5.81	3.09	5.74	13.89	-16.8	0.71
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	2.16	3.91	2.59	4.52	8.55	-13.46	0.49
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	2.71	9.16	54.67	-5.64	-2.88	-1.94	0.94
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	3.53	8.26	57.49	-5.88	-3.27	-1.97	0.92
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	4.6	10.1	61.91	-6.35	-3.96	-2.27	1.03
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	2.62	6.79	51.98	-5	-2.43	-1.82	0.71
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	- -	- -	- -	- -	- -	0.11	0.23	0.23	0.7	0.9	1.25	0.84	0.65	0.61	0.81
EV/Sales High	- -	- -	- -	- -	- -	0.11	0.23	0.23	0.79	0.98	1.28	0.86	0.69	0.64	0.83
EV/Sales Low	- -	- -	- -	- -	- -	0.11	0.23	0.23	0.62	0.83	1.21	0.81	0.6	0.6	0.78
EV/EBITDA Average	-2.41	-2.82	-1.12	-2.46	-0.34	201.24	5.91	2.99	12.74	307.01	19.32	27.47	46.02	26.69	-40.61
EV/EBITDA High	-2.41	-2.82	-1.12	-2.46	-0.34	201.24	5.91	2.99	14.38	335.27	19.8	28.13	48.84	27.76	-41.56
EV/EBITDA Low	-2.41	-2.82	-1.12	-2.46	-0.34	201.24	5.91	2.99	11.36	284.31	18.73	26.22	42.56	26.16	-38.83
EV/EBIT Average	-2.83	-3.37	-1.44	-3.29	-0.4	-5.26	8.73	5.32	22.75	-60.86	23.08	60.69	147.88	76.31	-14.09
EV/EBIT High	-2.83	-3.37	-1.44	-3.29	-0.4	-5.26	8.73	5.32	25.67	-66.46	23.65	62.16	156.94	79.37	-14.42
EV/EBIT Low	-2.83	-3.37	-1.44	-3.29	-0.4	-5.26	8.73	5.32	20.28	-56.36	22.37	57.93	136.78	74.79	-13.47
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	18.6	25.1	23.4	21.53	17.36	17.08	19.11
High Price	- -	- -	- -	- -	- -	- -	- -	- -	31.6	27.69	26.5	24.26	23.87	19.99	21
Enterprise Value Average	-6	-9	-4	-8	-2	16	44	50	165	158	221	209	187	179	266
Enterprise Value High	-6	-9	-4	-8	-2	16	44	50	187	172	226	214	198	186	273
Enterprise Value Low	-6	-9	-4	-8	-2	16	44	50	148	146	214	199	173	175	255

Shares Outstanding	4	4	4	4	4	3	3	3	3	3	3	3	3	3	3
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Revenue per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash & Equivalents per Share	1.58	2.51	1.48	5.25	2.89	1.6	1.66	4.67	2.65	4.3	2.26	2.06	2.75	2.35	7.91
Book Value per Share	7.37	7.66	7.75	8.37	9.62	7.49	8.19	8.03	8.33	4.76	8.59	4.22	1.72	-1.19	29.54
Tangible Book Value per Share	7.37	7.66	7.75	8.37	9.23	5.6	6.32	6.31	6.86	2.74	0.43	-3.82	-6.03	-8.8	20.35

Air T, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)