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Air T Inc (NAS:AIRT)
Total Liabilities
$11.5 Mil (As of Dec. 2014)

Air T Inc's total liabilities for the quarter that ended in Dec. 2014 was $11.5 Mil.

Air T Inc's quarterly total liabilities declined from Jun. 2014 ($10.71 Mil) to Sep. 2014 ($10.29 Mil) but then increased from Sep. 2014 ($10.29 Mil) to Dec. 2014 ($11.47 Mil).

Air T Inc's annual total liabilities declined from Mar. 2012 ($8.03 Mil) to Mar. 2013 ($7.93 Mil) but then increased from Mar. 2013 ($7.93 Mil) to Mar. 2014 ($9.86 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. 2014 is calculated as

Total Liabilities=Total Current Liabilities+Total Long Term Liabilities
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=9.019+(0+5.55111512313E-16
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit)
+0.842+0)
=9.9

Total Liabilities=Total Assets (A: Mar. 2014 )-Total Shareholder’s Equity (A: Mar. 2014 )
=37.221-27.36
=9.9

Air T Inc's Total Liabilities for the quarter that ended in Dec. 2014 is calculated as

Total Liabilities=Total Current Liabilities+(Total Long Term Liabilities)
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=10.631+(0+5.55111512313E-16
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit)
+0.842+0)
=11.5

Total Liabilities=Total Assets (Q: Dec. 2014 )-Total Shareholder’s Equity (Q: Dec. 2014 )
=42.524-31.05
=11.5

* 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

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
Total Liabilities 11.09.49.29.67.64.78.08.07.99.9

Air T Inc Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Total Liabilities 5.98.57.99.910.69.39.910.710.311.5
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