$62.64M Market Cap.
AIRT Market Cap. (MRY)
AIRT Shares Outstanding (MRY)
AIRT Assets (MRY)
Total Assets
$177.17M
Total Liabilities
$158.37M
Total Investments
$18.05M
AIRT Income (MRY)
Revenue
$286.83M
Net Income
-$6.82M
Operating Expense
$55.11M
AIRT Cash Flow (MRY)
CF Operations
$17.18M
CF Investing
-$2.50M
CF Financing
-$13.91M
AIRT Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0 | 0% | 0% | 0% | - |
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | 0% | - | 0% | - |
AIRT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $177,167,000 (-6.54%) | $189,562,000 (-8.69%) | $207,599,000 (47.49%) | $140,750,000 (-7.05%) |
Assets Current | $102,877,000 (-11.74%) | $116,557,000 (-9.11%) | $128,243,000 (21.24%) | $105,774,000 (7.40%) |
Assets Non-Current | $74,290,000 (1.76%) | $73,005,000 (-8.00%) | $79,356,000 (126.89%) | $34,976,000 (-33.93%) |
Goodwill & Intangible Assets | $21,518,000 (-5.06%) | $22,666,000 (-3.08%) | $23,386,000 (301.34%) | $5,827,000 (37.85%) |
Shareholders Equity | $4,770,000 (-59.93%) | $11,904,000 (-51.64%) | $24,613,000 (79.33%) | $13,725,000 (-42.83%) |
Property Plant & Equipment Net | $32,489,000 (-1.86%) | $33,105,000 (-23.15%) | $43,075,000 (134.01%) | $18,407,000 (-55.47%) |
Cash & Equivalents | $7,843,000 (10.62%) | $7,090,000 (-15.27%) | $8,368,000 (-47.46%) | $15,927,000 (2.29%) |
Accumulated Other Comprehensive Income | -$80,000 (-109.80%) | $816,000 (410.27%) | -$263,000 (61.55%) | -$684,000 (-27.37%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $18,045,000 (17.24%) | $15,391,000 (23.98%) | $12,414,000 (68.01%) | $7,389,000 (-7.29%) |
Investments Current | $1,392,000 (-35.59%) | $2,161,000 (-15.25%) | $2,550,000 (-12.49%) | $2,914,000 (5.50%) |
Investments Non-Current | $16,653,000 (25.87%) | $13,230,000 (34.12%) | $9,864,000 (120.42%) | $4,475,000 (-14.07%) |
Inventory | $60,720,000 (-14.63%) | $71,125,000 (-5.38%) | $75,167,000 (4.44%) | $71,971,000 (18.72%) |
Trade & Non-Trade Receivables | $22,911,000 (-15.82%) | $27,218,000 (38.27%) | $19,684,000 (202.60%) | $6,505,000 (-50.26%) |
Trade & Non-Trade Payables | $15,072,000 (44.24%) | $10,449,000 (11.20%) | $9,397,000 (12.62%) | $8,344,000 (-23.20%) |
Accumulated Retained Earnings (Deficit) | $8,192,000 (-40.14%) | $13,686,000 (-48.80%) | $26,729,000 (64.28%) | $16,270,000 (-31.55%) |
Tax Assets | $0 (0%) | $536,000 (-83.41%) | $3,230,000 (-26.41%) | $4,389,000 (273.85%) |
Tax Liabilities | $2,586,000 (-4.96%) | $2,721,000 (-9.48%) | $3,006,000 (374.13%) | $634,000 (9.50%) |
Total Debt | $125,202,000 (-8.96%) | $137,520,000 (-4.49%) | $143,985,000 (50.08%) | $95,941,000 (1.56%) |
Debt Current | $16,119,000 (-60.10%) | $40,400,000 (409.78%) | $7,925,000 (13.07%) | $7,009,000 (-84.02%) |
Debt Non-Current | $109,083,000 (12.32%) | $97,120,000 (-28.62%) | $136,060,000 (52.99%) | $88,932,000 (75.72%) |
Total Liabilities | $158,371,000 (-3.36%) | $163,870,000 (-4.24%) | $171,121,000 (43.27%) | $119,438,000 (-0.75%) |
Liabilities Current | $46,841,000 (-27.14%) | $64,286,000 (108.00%) | $30,907,000 (9.68%) | $28,179,000 (-58.40%) |
Liabilities Non-Current | $111,530,000 (12.00%) | $99,584,000 (-28.98%) | $140,214,000 (53.64%) | $91,259,000 (73.53%) |
AIRT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $286,834,000 (15.98%) | $247,323,000 (39.67%) | $177,077,000 (1.12%) | $175,121,000 (-26.04%) |
Cost of Revenue | $230,463,000 (18.59%) | $194,336,000 (43.07%) | $135,835,000 (-3.21%) | $140,343,000 (-23.75%) |
Selling General & Administrative Expense | $51,096,000 (12.59%) | $45,384,000 (52.21%) | $29,817,000 (-12.98%) | $34,264,000 (-13.87%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $55,107,000 (-3.98%) | $57,394,000 (76.67%) | $32,487,000 (-26.09%) | $43,953,000 (-3.28%) |
Interest Expense | $6,916,000 (-12.84%) | $7,935,000 (60.37%) | $4,948,000 (7.01%) | $4,624,000 (-1.45%) |
Income Tax Expense | $729,000 (68.75%) | $432,000 (-63.05%) | $1,169,000 (134.51%) | -$3,387,000 (-522.61%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | -$4,000 (99.95%) |
Consolidated Income | -$4,684,000 (60.25%) | -$11,785,000 (-196.39%) | $12,227,000 (245.73%) | -$8,390,000 (-174.69%) |
Net Income to Non-Controlling Interests | $2,135,000 (318.63%) | $510,000 (-60.74%) | $1,299,000 (216.71%) | -$1,113,000 (-131.12%) |
Net Income | -$6,819,000 (44.54%) | -$12,295,000 (-212.51%) | $10,928,000 (250.17%) | -$7,277,000 (-195.05%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$6,819,000 (44.54%) | -$12,295,000 (-212.51%) | $10,928,000 (250.17%) | -$7,277,000 (-195.05%) |
Weighted Average Shares | $2,816,000 (-1.09%) | $2,847,000 (-1.15%) | $2,880,000 (-0.07%) | $2,882,000 (3.26%) |
Weighted Average Shares Diluted | $2,816,000 (-1.09%) | $2,847,000 (-1.42%) | $2,888,000 (0.21%) | $2,882,000 (3.00%) |
Earning Before Interest & Taxes (EBIT) | $826,000 (121.03%) | -$3,928,000 (-123.04%) | $17,045,000 (382.20%) | -$6,040,000 (-151.17%) |
Gross Profit | $56,371,000 (6.39%) | $52,987,000 (28.48%) | $41,242,000 (18.59%) | $34,778,000 (-34.05%) |
Operating Income | $1,264,000 (128.68%) | -$4,407,000 (-150.34%) | $8,755,000 (195.42%) | -$9,175,000 (-225.84%) |
AIRT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$2,499,000 (59.48%) | -$6,168,000 (81.53%) | -$33,388,000 (-1427.03%) | $2,516,000 (-70.76%) |
Net Cash Flow from Financing | -$13,910,000 (-12.36%) | -$12,380,000 (-120.89%) | $59,254,000 (83356.34%) | $71,000 (-99.63%) |
Net Cash Flow from Operations | $17,178,000 (1.59%) | $16,909,000 (151.11%) | -$33,084,000 (-1718.80%) | -$1,819,000 (92.75%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $753,000 (158.92%) | -$1,278,000 (83.09%) | -$7,559,000 (-2223.31%) | $356,000 (-88.25%) |
Net Cash Flow - Business Acquisitions and Disposals | -$1,441,000 (74.09%) | -$5,562,000 (83.15%) | -$33,009,000 (-6058.40%) | -$536,000 (83.82%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $815,000 (-54.55%) | $1,793,000 (563.31%) |
Capital Expenditure | -$1,076,000 (8.66%) | -$1,178,000 (24.39%) | -$1,558,000 (-171.53%) | $2,178,000 (127.21%) |
Issuance (Repayment) of Debt Securities | -$12,418,000 (-14.43%) | -$10,852,000 (-119.20%) | $56,509,000 (2264.39%) | $2,390,000 (-84.36%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$16,000 (-104.43%) | $361,000 (205.87%) | -$341,000 (17.23%) | -$412,000 (-258.46%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $2,798,000 (-32.77%) | $4,162,000 (123.76%) | $1,860,000 (-40.14%) | $3,107,000 (-45.61%) |
AIRT Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 19.70% (-7.94%) | 21.40% (-8.15%) | 23.30% (17.09%) | 19.90% (-10.76%) |
Profit Margin | -2.40% (52.00%) | -5.00% (-180.65%) | 6.20% (247.62%) | -4.20% (-231.25%) |
EBITDA Margin | 1.30% (1200.00%) | 0.10% (-99.07%) | 10.70% (729.41%) | -1.70% (-122.97%) |
Return on Average Equity (ROAE) | -82.90% (-35.24%) | -61.30% (-212.68%) | 54.40% (245.45%) | -37.40% (-212.99%) |
Return on Average Assets (ROAA) | -3.90% (32.76%) | -5.80% (-189.23%) | 6.50% (241.30%) | -4.60% (-188.46%) |
Return on Sales (ROS) | 0.30% (118.75%) | -1.60% (-116.67%) | 9.60% (382.35%) | -3.40% (-168.00%) |
Return on Invested Capital (ROIC) | 0.40% (126.67%) | -1.50% (-121.13%) | 7.10% (315.15%) | -3.30% (-140.24%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -9.17 (-58.20%) | -5.8 (-196.60%) | 6 (163.90%) | -9.39 (-305.76%) |
Price to Sales Ratio (P/S) | 0.22 (-24.31%) | 0.29 (-22.16%) | 0.37 (-5.37%) | 0.39 (165.99%) |
Price to Book Ratio (P/B) | 13.13 (121.30%) | 5.93 (123.17%) | 2.66 (-46.72%) | 4.99 (228.79%) |
Debt to Equity Ratio (D/E) | 33.2 (141.18%) | 13.77 (98.01%) | 6.95 (-20.11%) | 8.7 (73.59%) |
Earnings Per Share (EPS) | -2.42 (43.98%) | -4.32 (-213.98%) | 3.79 (249.80%) | -2.53 (-192.34%) |
Sales Per Share (SPS) | 101.86 (17.25%) | 86.87 (41.29%) | 61.48 (1.19%) | 60.76 (-28.38%) |
Free Cash Flow Per Share (FCFPS) | 5.72 (3.49%) | 5.53 (145.93%) | -12.03 (-9722.40%) | 0.13 (101.05%) |
Book Value Per Share (BVPS) | 1.69 (-59.48%) | 4.18 (-51.08%) | 8.55 (79.46%) | 4.76 (-44.63%) |
Tangible Assets Book Value Per Share (TABVPS) | 55.27 (-5.71%) | 58.62 (-8.35%) | 63.96 (36.63%) | 46.82 (-11.23%) |
Enterprise Value Over EBIT (EV/EBIT) | 207 (483.33%) | -54 (-640.00%) | 10 (138.46%) | -26 (-360.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 47.19 (-94.82%) | 911.04 (9690.82%) | 9.3 (117.54%) | -53.06 (-906.46%) |
Asset Turnover | 1.64 (39.63%) | 1.18 (11.57%) | 1.05 (-5.56%) | 1.12 (-30.94%) |
Current Ratio | 2.2 (21.13%) | 1.81 (-56.30%) | 4.15 (10.52%) | 3.75 (158.18%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $16,102,000 (2.36%) | $15,731,000 (145.41%) | -$34,642,000 (-9749.58%) | $359,000 (101.09%) |
Enterprise Value (EV) | $171,009,389 (-19.78%) | $213,182,483 (21.19%) | $175,901,681 (13.04%) | $155,616,646 (35.03%) |
Earnings Before Tax (EBT) | -$6,090,000 (48.66%) | -$11,863,000 (-198.07%) | $12,097,000 (213.44%) | -$10,664,000 (-249.94%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $3,624,000 (1448.72%) | $234,000 (-98.76%) | $18,905,000 (744.56%) | -$2,933,000 (-116.74%) |
Invested Capital | $226,167,000 (-2.95%) | $233,040,000 (-19.34%) | $288,923,000 (54.70%) | $186,758,000 (17.94%) |
Working Capital | $56,036,000 (7.20%) | $52,271,000 (-46.30%) | $97,336,000 (25.44%) | $77,595,000 (152.42%) |
Tangible Asset Value | $155,649,000 (-6.74%) | $166,896,000 (-9.40%) | $184,213,000 (36.53%) | $134,923,000 (-8.34%) |
Market Capitalization | $62,637,389 (-11.32%) | $70,632,483 (7.92%) | $65,450,681 (-4.45%) | $68,501,646 (88.00%) |
Average Equity | $8,226,750 (-59.00%) | $20,065,500 (-0.16%) | $20,097,500 (3.27%) | $19,460,250 (-15.98%) |
Average Assets | $174,729,500 (-16.90%) | $210,265,000 (25.13%) | $168,037,500 (7.11%) | $156,884,750 (7.07%) |
Invested Capital Average | $221,846,750 (-17.93%) | $270,316,500 (12.11%) | $241,107,000 (33.33%) | $180,840,250 (25.37%) |
Shares | 2,821,504 (0.07%) | 2,819,660 (-1.99%) | 2,876,953 (-0.17%) | 2,881,853 (-1.06%) |
