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Air T Inc (NAS:AIRT)
Total Liabilities
$19.1 Mil (As of Jun. 2016)

Air T Inc's total liabilities for the quarter that ended in Jun. 2016 was $19.1 Mil.

Air T Inc's quarterly total liabilities increased from Dec. 2015 ($13.82 Mil) to Mar. 2016 ($17.38 Mil) and increased from Mar. 2016 ($17.38 Mil) to Jun. 2016 ($19.09 Mil).

Air T Inc's annual total liabilities increased from Mar. 2014 ($9.86 Mil) to Mar. 2015 ($13.66 Mil) and increased from Mar. 2015 ($13.66 Mil) to Mar. 2016 ($17.38 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. 2016 is calculated as

Total Liabilities=Total Current Liabilities+Total Long Term Liabilities
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=15.717+(0.005+0.615
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit+Minority Interest)
+0.546+0+0.498)
=17.4

Total Liabilities=Total Assets (A: Mar. 2016 )-Total Shareholder’s Equity (A: Mar. 2016 )
=52.155-34.774
=17.4

Air T Inc's Total Liabilities for the quarter that ended in Jun. 2016 is calculated as

Total Liabilities=Total Current Liabilities+(Total Long Term Liabilities)
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=19.11+(3.321+0.024
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit+Minority Interest)
+0.546+0+-3.909)
=19.1

Total Liabilities=Total Assets (Q: Jun. 2016 )-Total Shareholder’s Equity (Q: Jun. 2016 )
=50.374-31.282
=19.1

* 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

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
Total Liabilities 9.29.67.64.78.08.07.99.913.717.4

Air T Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Total Liabilities 9.910.710.311.513.714.313.813.817.419.1
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