Air T Debt-to-Equity Ratio Growth & History (AIRT)
Air T's debt-to-equity ratio was 2.80 for fiscal 2026.
View full Air T company overviewAir T annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 2.80 | — | — |
| 2024 | 2024-03-31 | 26.25 | 14.70 | +127.21% |
| 2023 | 2023-03-31 | 11.55 | 5.70 | +97.48% |
| 2022 | 2022-03-31 | 5.85 | −1.14 | −16.31% |
| 2021 | 2021-03-31 | 6.99 | 3.06 | +77.64% |
| 2020 | 2020-03-31 | 3.94 | 1.57 | +66.26% |
| 2019 | 2019-03-31 | 2.37 | 0.08 | +3.72% |
| 2018 | 2018-03-31 | 2.28 | 2.28 | +209513.66% |
| 2017 | 2017-03-31 | 0.00 | −0.05 | −98.00% |
| 2016 | 2016-03-31 | 0.05 | −0.40 | −88.15% |
| 2015 | 2015-03-31 | 0.46 | 0.46 | — |
| 2014 | 2014-03-31 | 0.00 | — | — |
| 2011 | 2011-03-31 | 0.00 | — | — |
Air T quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 4.06 | — | — |
| Q4 2026 | 2026-03-31 | 2.80 | — | — |
| Q2 2026 | 2025-09-30 | 1,907.86 | 1,887.67 | +9353.01% |
| Q3 2025 | 2024-12-31 | 26.87 | 10.40 | +63.17% |
| Q2 2025 | 2024-09-30 | 20.18 | 7.97 | +65.23% |
| Q1 2025 | 2024-06-30 | 30.56 | 18.74 | +158.41% |
| Q4 2024 | 2024-03-31 | 26.25 | 14.70 | +127.21% |
| Q3 2024 | 2023-12-31 | 16.47 | 9.49 | +136.06% |
| Q2 2024 | 2023-09-30 | 12.21 | 5.20 | +74.15% |
| Q1 2024 | 2023-06-30 | 11.83 | 5.70 | +93.01% |
| Q4 2023 | 2023-03-31 | 11.55 | 5.70 | +97.48% |
| Q3 2023 | 2022-12-31 | 6.98 | 1.21 | +21.08% |
| Q2 2023 | 2022-09-30 | 7.01 | 2.29 | +48.61% |
| Q1 2023 | 2022-06-30 | 6.13 | −1.25 | −16.99% |
| Q4 2022 | 2022-03-31 | 5.85 | −1.14 | −16.31% |
| Q3 2022 | 2021-12-31 | 5.76 | −0.73 | −11.25% |
| Q2 2022 | 2021-09-30 | 4.72 | −0.33 | −6.51% |
| Q1 2022 | 2021-06-30 | 7.38 | 3.15 | +74.57% |
| Q4 2021 | 2021-03-31 | 6.99 | 3.06 | +77.64% |
| Q3 2021 | 2020-12-31 | 6.49 | 2.01 | +44.76% |
| Q2 2021 | 2020-09-30 | 5.05 | 1.90 | +60.13% |
| Q1 2021 | 2020-06-30 | 4.23 | 0.49 | +13.02% |
| Q4 2020 | 2020-03-31 | 3.94 | 1.57 | +66.26% |
| Q3 2020 | 2019-12-31 | 4.49 | 1.62 | +56.28% |
| Q2 2020 | 2019-09-30 | 3.15 | 0.93 | +41.81% |
| Q1 2020 | 2019-06-30 | 3.74 | 1.94 | +107.66% |
| Q4 2019 | 2019-03-31 | 2.37 | 0.08 | +3.72% |
| Q3 2019 | 2018-12-31 | 2.87 | 2.77 | +2646.94% |
| Q2 2019 | 2018-09-30 | 2.22 | 2.16 | +3204.23% |
| Q1 2019 | 2018-06-30 | 1.80 | 1.71 | +1839.53% |
| Q4 2018 | 2018-03-31 | 2.28 | 2.28 | +209513.66% |
| Q3 2018 | 2017-12-31 | 0.10 | 0.05 | +106.62% |
| Q2 2018 | 2017-09-30 | 0.07 | −0.02 | −19.09% |
| Q1 2018 | 2017-06-30 | 0.09 | 0.02 | +22.08% |
| Q4 2017 | 2017-03-31 | 0.00 | −0.05 | −98.00% |
| Q3 2017 | 2016-12-31 | 0.05 | 0.04 | +773.57% |
| Q2 2017 | 2016-09-30 | 0.08 | −0.34 | −80.57% |
| Q1 2017 | 2016-06-30 | 0.08 | −0.42 | −84.73% |
| Q4 2016 | 2016-03-31 | 0.05 | −0.40 | −88.15% |
| Q3 2016 | 2015-12-31 | 0.01 | 0.01 | — |
| Q2 2016 | 2015-09-30 | 0.43 | 0.43 | — |
| Q1 2016 | 2015-06-30 | 0.50 | 0.50 | — |
| Q4 2015 | 2015-03-31 | 0.46 | 0.46 | — |
| Q3 2015 | 2014-12-31 | 0.00 | — | — |
| Q2 2015 | 2014-09-30 | 0.00 | −0.03 | — |
| Q1 2015 | 2014-06-30 | 0.00 | 0.00 | — |
| Q4 2014 | 2014-03-31 | 0.00 | 0.00 | — |
| Q2 2014 | 2013-09-30 | 0.03 | 0.03 | — |
| Q1 2014 | 2013-06-30 | 0.00 | 0.00 | — |
| Q4 2013 | 2013-03-31 | 0.00 | 0.00 | — |
| Q3 2013 | 2012-12-31 | 0.00 | 0.00 | — |
| Q2 2013 | 2012-09-30 | 0.00 | −0.00 | — |
| Q1 2013 | 2012-06-30 | 0.00 | −0.00 | — |
| Q4 2012 | 2012-03-31 | 0.00 | −0.00 | — |
| Q3 2012 | 2011-12-31 | 0.00 | — | — |
| Q2 2012 | 2011-09-30 | 0.00 | — | — |
| Q1 2012 | 2011-06-30 | 0.00 | — | — |
| Q4 2011 | 2011-03-31 | 0.00 | — | — |
Air T debt-to-equity ratio trends
Over the last five fiscal years, Air T's debt-to-equity ratio decreased from 6.99 to 2.80, a change of −4.19. The latest reported quarter, Q1 2027, shows 4.06.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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