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Air T (AIRTW) Debt-to-Revenue : 0.45 (As of Dec. 2023)


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What is Air T Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Air T's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19.20 Mil. Air T's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $94.36 Mil. Air T's annualized Revenue for the quarter that ended in Dec. 2023 was $255.02 Mil. Air T's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.45.


Air T Debt-to-Revenue Historical Data

The historical data trend for Air T's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Air T Debt-to-Revenue Chart

Air T Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.40 0.55 0.81 0.56

Air T Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.46 0.47 0.38 0.45

Competitive Comparison of Air T's Debt-to-Revenue

For the Integrated Freight & Logistics subindustry, Air T's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Air T's Debt-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air T's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Air T's Debt-to-Revenue falls into.



Air T Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Air T's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(40.4 + 97.12) / 247.323
=0.56

Air T's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(19.199 + 94.36) / 255.024
=0.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Air T Debt-to-Revenue Related Terms

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Air T (AIRTW) Business Description

Traded in Other Exchanges
Address
11020 David Taylor Drive, Suite 305, Charlotte, NC, USA, 28262
Air T Inc together with its subsidiaries provides air freight service to the express delivery industry. The company's operating segments include Overnight air cargo, Ground equipment sales, and Ground support services, Commercial jet engines and parts, Corporate and Other. It generates maximum revenue from the Overnight air cargo segment.