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Air T Inc (NAS:AIRT)
Pretax Income
$6.2 Mil (TTM As of Mar. 2016)

Pretax income is the income that a company earns before paying income taxes. Air T Inc's pretax income for the three months ended in Mar. 2016 was $-2.2 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2016 was $6.2 Mil. Air T Inc's pretax margin was -6.41%.

During the past 13 years, Air T Inc's highest Pretax Margin was 7.71%. The lowest was 2.34%. And the median was 4.22%.


Definition

This is the income that a company earns before paying income taxes.

Air T Inc's Pretax Income for the fiscal year that ended in Mar. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=6.032+0.202+-0.081+0+0
=6.2

Air T Inc's Pretax Income for the quarter that ended in Mar. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=-2.314+0.198+-0.059+0+-0.043
=-2.2

Air T Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2016 was -1.069 (Jun. 2015 ) + 5.495 (Sep. 2015 ) + 3.945 (Dec. 2015 ) + -2.218 (Mar. 2016 ) = $6.2 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Air T Inc's Pretax Margin for the quarter that ended in Mar. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=-2.218/34.581
=-6.41%

During the past 13 years, Air T Inc's highest Pretax Margin was 7.71%. The lowest was 2.34%. And the median was 4.22%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Air T Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
Pretax Income 3.95.27.05.63.62.12.72.73.46.2

Air T Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Pretax Income 0.80.90.12.62.1-1.4-1.15.53.9-2.2
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