Air T Inc
NASDAQ:AIRT
Balance Sheet
Balance Sheet Decomposition
Air T Inc
Current Assets | 89.3m |
Cash & Short-Term Investments | 4.8m |
Receivables | 18.5m |
Other Current Assets | 66m |
Non-Current Assets | 73.5m |
Long-Term Investments | 15m |
PP&E | 32.8m |
Intangibles | 22.1m |
Other Non-Current Assets | 3.6m |
Current Liabilities | 44.8m |
Accounts Payable | 13.5m |
Accrued Liabilities | 13.9m |
Other Current Liabilities | 17.4m |
Non-Current Liabilities | 111.1m |
Long-Term Debt | 83.4m |
Other Non-Current Liabilities | 27.7m |
Balance Sheet
Air T Inc
Mar-2014 | Mar-2015 | Mar-2016 | Mar-2017 | Mar-2018 | Mar-2019 | Mar-2020 | Mar-2021 | Mar-2022 | Mar-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||
Cash & Cash Equivalents |
4
|
14
|
5
|
3
|
5
|
12
|
6
|
11
|
6
|
6
|
|
Cash Equivalents |
4
|
14
|
5
|
3
|
5
|
12
|
6
|
11
|
6
|
6
|
|
Short-Term Investments |
2
|
5
|
5
|
2
|
0
|
2
|
2
|
1
|
1
|
0
|
|
Total Receivables |
11
|
10
|
13
|
19
|
17
|
11
|
14
|
11
|
32
|
29
|
|
Accounts Receivables |
10
|
10
|
12
|
19
|
15
|
11
|
13
|
7
|
20
|
27
|
|
Other Receivables |
1
|
0
|
1
|
0
|
2
|
0
|
1
|
4
|
12
|
2
|
|
Inventory |
12
|
8
|
12
|
20
|
36
|
28
|
61
|
72
|
75
|
71
|
|
Other Current Assets |
3
|
2
|
3
|
5
|
4
|
19
|
16
|
11
|
15
|
11
|
|
Total Current Assets |
31
|
39
|
39
|
49
|
62
|
71
|
99
|
106
|
128
|
117
|
|
PP&E Net |
3
|
3
|
5
|
5
|
20
|
29
|
41
|
18
|
43
|
33
|
|
PP&E Gross |
0
|
0
|
0
|
0
|
0
|
29
|
41
|
18
|
43
|
33
|
|
Accumulated Depreciation |
0
|
0
|
0
|
0
|
0
|
10
|
11
|
5
|
6
|
7
|
|
Intangible Assets |
0
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
13
|
12
|
|
Goodwill |
0
|
0
|
0
|
4
|
4
|
4
|
4
|
4
|
10
|
11
|
|
Note Receivable |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Long-Term Investments |
0
|
0
|
5
|
3
|
6
|
7
|
6
|
5
|
10
|
13
|
|
Other Long-Term Assets |
3
|
2
|
2
|
3
|
3
|
2
|
1
|
8
|
3
|
4
|
|
Other Assets |
0
|
0
|
0
|
4
|
4
|
4
|
4
|
4
|
10
|
11
|
|
Total Assets |
37
N/A
|
44
+17%
|
52
+20%
|
65
+25%
|
97
+49%
|
115
+19%
|
151
+32%
|
141
-7%
|
208
+47%
|
190
-9%
|
|
Liabilities | |||||||||||
Accounts Payable |
6
|
5
|
7
|
12
|
10
|
11
|
11
|
8
|
9
|
10
|
|
Accrued Liabilities |
3
|
4
|
7
|
9
|
12
|
12
|
14
|
14
|
15
|
15
|
|
Short-Term Debt |
0
|
0
|
2
|
0
|
9
|
0
|
0
|
0
|
0
|
0
|
|
Current Portion of Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
25
|
43
|
6
|
7
|
39
|
|
Other Current Liabilities |
0
|
0
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
0
|
|
Total Current Liabilities |
9
|
8
|
16
|
20
|
31
|
53
|
68
|
28
|
31
|
64
|
|
Long-Term Debt |
0
|
5
|
0
|
18
|
39
|
33
|
43
|
82
|
129
|
86
|
|
Deferred Income Tax |
1
|
0
|
1
|
0
|
0
|
0
|
1
|
1
|
3
|
2
|
|
Minority Interest |
0
|
0
|
1
|
1
|
1
|
5
|
7
|
8
|
12
|
14
|
|
Other Liabilities |
0
|
0
|
1
|
3
|
1
|
1
|
9
|
9
|
8
|
11
|
|
Total Liabilities |
10
N/A
|
14
+38%
|
18
+31%
|
42
+137%
|
72
+70%
|
91
+26%
|
127
+40%
|
127
0%
|
183
+44%
|
178
-3%
|
|
Equity | |||||||||||
Common Stock |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Retained Earnings |
22
|
24
|
29
|
19
|
21
|
21
|
24
|
16
|
27
|
14
|
|
Additional Paid In Capital |
5
|
5
|
5
|
4
|
4
|
3
|
3
|
0
|
0
|
1
|
|
Treasury Stock |
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
3
|
4
|
|
Other Equity |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
1
|
|
Total Equity |
27
N/A
|
30
+9%
|
34
+15%
|
23
-33%
|
25
+9%
|
24
-3%
|
24
-2%
|
14
-43%
|
25
+80%
|
12
-52%
|
|
Total Liabilities & Equity |
37
N/A
|
44
+17%
|
52
+20%
|
65
+25%
|
97
+49%
|
115
+19%
|
151
+32%
|
141
-7%
|
208
+47%
|
190
-9%
|
|
Shares Outstanding | |||||||||||
Common Shares Outstanding |
4
|
4
|
4
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|