Air T, Inc.
Balance Sheet
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $4.8M | $2.8M | $5.3M | $13.4M | $3.5M | $9.2M | $5.8M | $6.5M |
| Accounts Receivable | $15.2M | $18.9M | $12.3M | $9.5M | $10.2M | $11.7M | $9.0M | $11.7M |
| Inventory | $34.2M | $19.8M | $12.3M | $7.8M | $12.2M | $8.2M | $13.5M | $11.5M |
| Total Current Assets | $61.7M | $48.9M | $39.0M | $38.7M | $31.2M | $30.5M | $30.1M | $30.7M |
| Property, Plant & Equipment | $4.6M | $5.3M | $4.6M | $2.6M | $4.0M | $3.5M | $3.0M | $1.2M |
| Goodwill | $4.4M | $4.4M | $275.4K | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $1.3M | $1.4M | $1.1M | $0 | — | — | — | — |
| Total Assets | $97.1M | $65.3M | $52.2M | $43.5M | $37.2M | $36.1M | $35.1M | $34.2M |
| Liabilities | ||||||||
| Accounts Payable | $10.2M | $11.6M | $7.0M | $4.7M | $6.4M | $5.7M | $6.0M | $6.1M |
| Total Current Liabilities | $31.2M | $20.3M | $15.7M | $8.2M | $9.0M | $7.9M | $8.0M | $8.0M |
| Long-Term Debt | $48.1M | — | — | $5.0M | $0 | — | — | — |
| Total Liabilities | $70.9M | $41.7M | $16.9M | $13.7M | $9.9M | $7.9M | $8.0M | $8.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $20.7M | $18.5M | $28.8M | $24.4M | $21.9M | $21.2M | $20.1M | $19.4M |
| Total Stockholders' Equity | $25.1M | $23.0M | $34.2M | $29.8M | $27.4M | $28.1M | $27.1M | $26.2M |