📊 AIRTP Key Takeaways
Is Air T Inc. (AIRTP) a Good Investment?
Air T Inc exhibits severe financial distress with negative stockholders' equity of -1.2M, indicating the company is technically insolvent. The company is burning cash with negative operating cash flow of -25.0M and negative free cash flow of -26.2M, while generating minimal profitability with only 0.1% net margin on $206.2M revenue. With an interest coverage ratio of 0.3x and current ratio of 0.96x, the company lacks the financial capacity to service its $194.2M long-term debt and maintain operations.
AIR T's fundamentals are very weak: profitability is minimal, cash generation is negative, and leverage is heavy relative to its earnings capacity. The company reported only a small net profit, but that is overshadowed by negative free cash flow, sub-1x current liquidity, very low interest coverage, and negative equity, which together point to elevated financial risk and poor earnings quality.
Why Buy Air T Inc. Stock? AIRTP Key Strengths
- Maintains $37.4M in cash reserves providing near-term liquidity buffer
- Generates positive operating income of $2.6M despite revenue challenges
- Established market position in air courier services sector
- Large revenue base of $206.15M provides operating scale
- Reported positive operating income and net income in the latest period
- Cash balance of $37.37M offers some near-term liquidity support
AIRTP Stock Risks: Air T Inc. Investment Risks
- Negative stockholders' equity indicates technical insolvency and structural balance sheet failure
- Negative operating cash flow of -25.0M demonstrates inability to fund operations from core business
- Debt service unsustainable with interest coverage ratio of only 0.3x against $194.2M long-term debt
- Negative free cash flow of -26.2M accelerates depletion of cash reserves at current burn rate
- Extremely thin net margin of 0.1% provides no cushion for operational disruptions
- Current ratio of 0.96x indicates imminent liquidity crisis within 12 months
- Negative stockholders equity indicates a severely weakened balance sheet
- Operating cash flow of -$25.00M and free cash flow of -$26.23M suggest poor cash earnings quality
- Interest coverage of 0.3x and long-term debt of $194.23M create substantial debt-servicing risk
Key Metrics to Watch
- Operating cash flow trend - critical to assess if cash burn reverses
- Stockholders equity trajectory - monitor if negative equity continues deteriorating
- Cash reserves depletion rate - assess runway given -25.0M annual OCF burn
- Debt restructuring announcements - likely necessity given inability to service debt
- Revenue stability - determine if $206.2M baseline can be maintained
- Operating cash flow and free cash flow trend
- Interest coverage and liquidity ratio improvement
Air T Inc. (AIRTP) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
AIRTP Profit Margin, ROE & Profitability Analysis
AIRTP vs Transportation Sector: How Air T Inc. Compares
How Air T Inc. compares to Transportation sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Air T Inc. Stock Overvalued? AIRTP Valuation Analysis 2026
Based on fundamental analysis, Air T Inc. has mixed fundamental signals relative to the Transportation sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Air T Inc. Balance Sheet: AIRTP Debt, Cash & Liquidity
AIRTP Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Air T Inc.'s revenue has grown significantly by 23% over the 5-year period, indicating strong business expansion. The most recent EPS of $-2.42 indicates the company is currently unprofitable.
AIRTP Revenue Growth, EPS Growth & YoY Performance
AIRTP Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $66.4M | -$335.0K | $-0.12 |
| Q3 2025 | $71.1M | $268.0K | $0.10 |
| Q2 2025 | $64.2M | -$1.6M | $-0.57 |
| Q1 2022 | $37.0M | $289.0K | $0.10 |
| Q3 2020 | $55.5M | -$430.0K | $-0.14 |
| Q2 2020 | $35.6M | -$1.3M | $-1.01 |
| Q1 2020 | $55.7M | -$841.0K | $-0.29 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Air T Inc. Dividends, Buybacks & Capital Allocation
AIRTP SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Air T Inc. (CIK: 0000353184)
📋 Recent SEC Filings
❓ Frequently Asked Questions about AIRTP
What is the AI rating for AIRTP?
Air T Inc. (AIRTP) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 94% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are AIRTP's key strengths?
Claude: Maintains $37.4M in cash reserves providing near-term liquidity buffer. Generates positive operating income of $2.6M despite revenue challenges. ChatGPT: Large revenue base of $206.15M provides operating scale. Reported positive operating income and net income in the latest period.
What are the risks of investing in AIRTP?
Claude: Negative stockholders' equity indicates technical insolvency and structural balance sheet failure. Negative operating cash flow of -25.0M demonstrates inability to fund operations from core business. ChatGPT: Negative stockholders equity indicates a severely weakened balance sheet. Operating cash flow of -$25.00M and free cash flow of -$26.23M suggest poor cash earnings quality.
What is AIRTP's revenue and growth?
Air T Inc. reported revenue of $206.2M.
Does AIRTP pay dividends?
Air T Inc. pays dividends, with $0.7M distributed to shareholders in the trailing twelve months.
Where can I find AIRTP SEC filings?
Official SEC filings for Air T Inc. (CIK: 0000353184) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is AIRTP's EPS?
Air T Inc. has a diluted EPS of $0.10.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is AIRTP a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Air T Inc. has a STRONG SELL rating with 94% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is AIRTP stock overvalued or undervalued?
Valuation metrics for AIRTP: ROE of N/A (sector avg: 18%), net margin of 0.1% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy AIRTP stock in 2026?
Our dual AI analysis gives Air T Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is AIRTP's free cash flow?
Air T Inc.'s operating cash flow is $-25.0M, with capital expenditures of $1.2M. FCF margin is -12.7%.
How does AIRTP compare to other Transportation stocks?
Vs Transportation sector averages: Net margin 0.1% (avg: 10%), ROE N/A (avg: 18%), current ratio 0.96 (avg: 1).