Air T Inc (AIRT) — Cash Flow Quality Index

Latest as of September 2025: -1.24x

Air T Inc (AIRT) has a Cash Flow Quality Index of -1.24x as of September 2025. Operating cash flow of $-5.41 Million is below net income of $4.36 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore long-term investment intensity of Air T Inc to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-1.24x
Operating CF / Net Income

Operating Cash Flow

$-5.41 Million
USD

Net Income

$4.36 Million
USD

Data as of

Sep 2025
Most recent filing

Air T Inc Cash Flow Quality Index (1991–2022)

Historical Cash Flow Quality Index for Air T Inc across 29 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Air T Inc (AIRT) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Air T Inc (1991–2022)

Year-by-year earnings quality comparison for Air T Inc. For live market cap and the full company financial profile, see AIRT market cap.

Year Quality Index Operating CF (USD) Net Income YoY Change
2022 -2.71x $-33.08 Million $12.23 Million ▲ +65.8%
2020 -7.91x $-25.07 Million $3.17 Million ▼ -221.0%
2019 6.54x $20.94 Million $3.20 Million ▲ +5885.0%
2018 -0.11x $-277.84K $2.46 Million ▼ -113.2%
2016 0.86x $3.21 Million $3.76 Million ▼ -73.3%
2015 3.21x $7.97 Million $2.48 Million ▲ +948.7%
2014 -0.38x $-554.61K $1.47 Million ▼ -114.5%
2013 2.61x $4.36 Million $1.67 Million ▲ +368.8%
2012 0.56x $752.27K $1.35 Million ▲ +126.4%
2011 -2.11x $-4.52 Million $2.14 Million ▼ -244.1%
2010 1.47x $5.51 Million $3.76 Million ▼ -6.3%
2009 1.56x $6.85 Million $4.38 Million ▲ +1821.3%
2008 0.08x $277.12K $3.40 Million ▼ -91.8%
2007 0.99x $2.46 Million $2.49 Million ▲ +283.8%
2006 0.26x $530.44K $2.05 Million ▼ -83.4%
2005 1.55x $3.27 Million $2.11 Million ▲ +22.5%
2004 1.27x $2.21 Million $1.74 Million ▼ -43.9%
2002 2.26x $2.89 Million $1.28 Million ▲ +358.1%
2001 -0.88x $-1.13 Million $1.29 Million ▼ -220.7%
2000 0.73x $262.66K $361.86K ▲ +124.8%
1999 -2.92x $-1.53 Million $522.70K ▼ -557.3%
1998 -0.44x $-758.75K $1.71 Million ▼ -146.6%
1997 0.95x $1.26 Million $1.32 Million ▼ -13.5%
1996 1.10x $1.78 Million $1.61 Million ▼ -41.2%
1995 1.88x $3.00 Million $1.60 Million ▲ +76.5%
1994 1.06x $1.70 Million $1.60 Million ▼ -16.1%
1993 1.27x $1.90 Million $1.50 Million ▼ -22.1%
1992 1.63x $1.30 Million $800.00K ▼ -18.8%
1991 2.00x $1.40 Million $700.00K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.