What is Air T's cash ratio?

Air T (AIRT) reported cash ratio of 0.2× in Q1 2026.

How has Air T's cash ratio changed year-over-year?

Air T's cash ratio increased by 50.1% year-over-year, from 0.1× to 0.2×.

What is the long-term trend for Air T's cash ratio?

Over 4 years (2022 to 2026), Air T's cash ratio has grown at a -5.8% compound annual growth rate (CAGR), from 0.3× to 0.2×.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

Air T AIRT Cash ratio

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Other financials

Income statement

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Revenue$120.9M+82.4%

Operating income-$13.8M—

Net income$77.7M+1,206%

EPS (diluted)$28.75+1,227%

Balance sheet

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Cash & equivalents$20.3M+201%

Total debt$15.6M-87.5%

Total equity$79.8M+2,582%

Total assets$409.1M+135%

Cash flow

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Operating cash flow-$44.0K-101%

CapEx$15.3M+10,139%

Free cash flow-$15.3M-485%

Valuation

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Market cap$71.46M+28.1%

Enterprise value$66.72M-64.4%

P/E0.9×—

P/S0.2×0.0×

Profitability

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Operating margin-3.5%—

Net margin23.8%+22.1pp

FCF margin-12.7%-20.4pp

Returns & leverage

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Return on equity-157.8%-201pp

Debt / equity0.2×—

Current ratio1.7×0.0×

Where this comes from

Calculated from Air T’s reported figures.

cash and equivalents/total current liabilities=0.2×

Based on the most recent quarter.

The official record: Air T’s 10-K, filed June 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Air T's cash ratio?: Air T (AIRT) reported cash ratio of 0.2× in Q1 2026.
How has Air T's cash ratio changed year-over-year?: Air T's cash ratio increased by 50.1% year-over-year, from 0.1× to 0.2×.
What is the long-term trend for Air T's cash ratio?: Over 4 years (2022 to 2026), Air T's cash ratio has grown at a -5.8% compound annual growth rate (CAGR), from 0.3× to 0.2×.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.