Air T Inc (AIRT) — Working Capital to Net Assets Ratio
Air T Inc (AIRT) has a Working Capital to Net Assets ratio of 57.0% as of June 2026. Working capital of $47.43 Million (current assets of $158.12 Million minus current liabilities of $110.69 Million) is measured against net assets of $83.16 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See AIRT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Air T Inc Working Capital to Net Assets (1988–2026)
This chart shows how Air T Inc's Working Capital to Net Assets ratio has evolved across 39 annual periods from 1988 to 2026. As of June 2026, the ratio stands at 57.0%, reflecting working capital of $47.43 Million against net assets of $83.16 Million USD. For the complete balance sheet picture, see balance sheet size of Air T Inc.
Annual Working Capital to Net Assets for Air T Inc (1988–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Air T Inc from 1988 to 2026, covering 39 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check AIRT asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 70.7% | $64.45 Million | $91.22 Million | $159.98 Million | $95.52 Million | ▼ -486.5 pp |
| 2025 | 557.2% | $30.85 Million | $5.54 Million | $78.51 Million | $47.66 Million | ▲ +259.1 pp |
| 2024 | 298.1% | $56.04 Million | $18.80 Million | $102.88 Million | $46.84 Million | ▲ +94.7 pp |
| 2023 | 203.5% | $52.27 Million | $25.69 Million | $116.56 Million | $64.29 Million | ▼ -63.4 pp |
| 2022 | 266.8% | $97.34 Million | $36.48 Million | $128.24 Million | $30.91 Million | ▼ -97.3 pp |
| 2021 | 364.1% | $77.59 Million | $21.31 Million | $105.77 Million | $28.18 Million | ▲ +265.2 pp |
| 2020 | 98.9% | $30.74 Million | $31.09 Million | $98.49 Million | $67.75 Million | ▲ +34.5 pp |
| 2019 | 64.3% | $18.55 Million | $28.83 Million | $71.35 Million | $52.79 Million | ▼ -56.8 pp |
| 2018 | 121.1% | $28.59 Million | $23.61 Million | $48.86 Million | $20.27 Million | ▼ -7.9 pp |
| 2017 | 129.0% | $28.59 Million | $22.16 Million | $48.86 Million | $20.27 Million | ▲ +63.1 pp |
| 2016 | 65.9% | $23.24 Million | $35.27 Million | $38.96 Million | $15.72 Million | ▼ -36.2 pp |
| 2015 | 102.1% | $30.42 Million | $29.80 Million | $38.67 Million | $8.25 Million | ▲ +21.2 pp |
| 2014 | 80.9% | $22.13 Million | $27.36 Million | $31.15 Million | $9.02 Million | ▲ +0.3 pp |
| 2013 | 80.6% | $22.67 Million | $28.12 Million | $30.53 Million | $7.86 Million | ▼ -5.3 pp |
| 2012 | 85.9% | $23.24 Million | $27.05 Million | $31.21 Million | $7.97 Million | ▼ -0.7 pp |
| 2011 | 86.6% | $22.73 Million | $26.24 Million | $30.71 Million | $7.98 Million | ▼ -0.1 pp |
| 2010 | 86.7% | $21.58 Million | $24.90 Million | $26.28 Million | $4.70 Million | ▲ +5.3 pp |
| 2009 | 81.3% | $17.70 Million | $21.75 Million | $25.26 Million | $7.57 Million | ▼ -3.9 pp |
| 2008 | 85.2% | $15.10 Million | $17.71 Million | $23.42 Million | $8.32 Million | ▲ +2.9 pp |
| 2007 | 82.4% | $12.72 Million | $15.45 Million | $20.60 Million | $7.88 Million | ▲ +6.0 pp |
| 2006 | 76.4% | $11.08 Million | $14.50 Million | $19.03 Million | $7.95 Million | ▼ -4.2 pp |
| 2005 | 80.6% | $10.55 Million | $13.09 Million | $19.03 Million | $8.48 Million | ▲ +9.3 pp |
| 2004 | 71.3% | $8.33 Million | $11.68 Million | $14.42 Million | $6.09 Million | ▼ -28.4 pp |
| 2003 | 99.7% | $9.59 Million | $9.61 Million | $16.77 Million | $7.18 Million | ▼ -1.4 pp |
| 2002 | 101.1% | $11.22 Million | $11.10 Million | $17.73 Million | $6.51 Million | ▼ -19.3 pp |
| 2001 | 120.4% | $12.25 Million | $10.17 Million | $23.69 Million | $11.44 Million | ▲ +47.3 pp |
| 2000 | 73.2% | $6.77 Million | $9.26 Million | $19.90 Million | $13.13 Million | ▲ +0.8 pp |
| 1999 | 72.4% | $6.97 Million | $9.64 Million | $16.88 Million | $9.91 Million | ▼ -5.5 pp |
| 1998 | 77.9% | $7.57 Million | $9.71 Million | $15.06 Million | $7.49 Million | ▼ -1.9 pp |
| 1997 | 79.8% | $6.59 Million | $8.25 Million | $9.45 Million | $2.86 Million | ▲ +3.5 pp |
| 1996 | 76.4% | $5.66 Million | $7.41 Million | $8.46 Million | $2.80 Million | ▲ +14.4 pp |
| 1995 | 62.0% | $4.40 Million | $7.10 Million | $7.50 Million | $3.10 Million | ▲ +7.4 pp |
| 1994 | 54.5% | $3.60 Million | $6.60 Million | $5.40 Million | $1.80 Million | ▲ +14.5 pp |
| 1993 | 40.0% | $1.80 Million | $4.50 Million | $4.40 Million | $2.60 Million | ▲ +32.9 pp |
| 1992 | 7.1% | $200.00K | $2.80 Million | $2.10 Million | $1.90 Million | ▲ +23.8 pp |
| 1991 | -16.7% | $-300.00K | $1.80 Million | $2.30 Million | $2.60 Million | ▲ +140.5 pp |
| 1990 | -157.1% | $-1.10 Million | $700.00K | $3.30 Million | $4.40 Million | ▲ +376.2 pp |
| 1989 | -533.3% | $-1.60 Million | $300.00K | $4.90 Million | $6.50 Million | ▼ -465.8 pp |
| 1988 | -67.5% | $-2.70 Million | $4.00 Million | $3.10 Million | $5.80 Million | — |