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Air T Inc (NAS:AIRT)
Total Liabilities
$9.3 Mil (As of Dec. 2013)

Air T Inc's total liabilities for the quarter that ended in Dec. 2013 was $9.3 Mil.

Air T Inc's quarterly total liabilities increased from Jun. 2013 ($9.93 Mil) to Sep. 2013 ($10.58 Mil) but then declined from Sep. 2013 ($10.58 Mil) to Dec. 2013 ($9.34 Mil).

Air T Inc's annual total liabilities increased from Mar. 2011 ($7.98 Mil) to Mar. 2012 ($8.03 Mil) but then declined from Mar. 2012 ($8.03 Mil) to Mar. 2013 ($7.93 Mil).


Definition

Total liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Air T Inc's Total Liabilities for the fiscal year that ended in Mar. 2013 is calculated as

Total Liabilities=Total Current Liabilities+Total Long Term Liabilities
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=7.861+(0+-5.55111512313E-17
+DeferredTaxAndRevenue+PensionAndRetirementBenefit)
+0.069+0)
=7.9

Total Liabilities=Total Assets (A: Mar. 2013 )-Total Shareholder’s Equity (A: Mar. 2013 )
=36.055-28.124
=7.9

Air T Inc's Total Liabilities for the quarter that ended in Dec. 2013 is calculated as

Total Liabilities=Total Current Liabilities+(Total Long Term Liabilities)
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=9.269+(0+-9.43689570931E-16
+DeferredTaxAndRevenue+PensionAndRetirementBenefit)
+0.069+0)
=9.3

Total Liabilities=Total Assets (Q: Dec. 2013 )-Total Shareholder’s Equity (Q: Dec. 2013 )
=36.52-27.182
=9.3

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


Related Terms

Total Assets, Total Shareholder’s Equity, Total Current Liabilities, Long-Term Debt, Other Long-Term Liab.


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

Mar04Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13
Total Liabilities 7.911.09.49.29.67.64.78.08.07.9

Air T Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Total Liabilities 8.27.68.07.05.98.57.99.910.69.3
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