Air T Inc PR

NASDAQ AIRTP

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Air T Inc PR Price to Tangible Book Ratio (P/TB) on June 03, 2024: -27.20

Air T Inc PR Price to Tangible Book Ratio (P/TB) is -27.20 on June 03, 2024, a NA change year over year. The price to tangible book ratio compares the market price per share of a company's stock to its tangible book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus goodwill and intangible assets, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's tangible assets relative to its market price. A higher ratio suggests that investors are willing to pay a higher price for each unit of tangible book value, indicating positive market sentiment.
  • Air T Inc PR 52-week high Price to Tangible Book Ratio (P/TB) is -2.71 on February 16, 2024, which is 90.05% above the current Price to Tangible Book Ratio (P/TB).
  • Air T Inc PR 52-week low Price to Tangible Book Ratio (P/TB) is -28.89 on May 31, 2024, which is -6.19% below the current Price to Tangible Book Ratio (P/TB).
  • Air T Inc PR average Price to Tangible Book Ratio (P/TB) for the last 52 weeks is -6.49.
NASDAQ: AIRTP

Air T Inc PR

CEO -
IPO Date June 11, 2019
Location United States
Headquarters 5930 Balsom Ridge Road, Denver, NC, United States, 28037
Employees 584
Sector Industrials
Industry Conglomerates
Description

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx. The Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.

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StockViz Staff

September 19, 2024

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