Air Transport Financials

ATSG Stock  USD 21.96  0.03  0.14%   
Based on the key indicators related to Air Transport's liquidity, profitability, solvency, and operating efficiency, Air Transport Services may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Air Transport's Property Plant And Equipment Net is most likely to increase significantly in the upcoming years. The Air Transport's current Non Currrent Assets Other is estimated to increase to about 35 M, while Other Stockholder Equity is projected to decrease to roughly 576.6 M. Key indicators impacting Air Transport's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.941.3023
Way Up
Slightly volatile
Current Ratio0.80.8638
Significantly Down
Pretty Stable
Investors should never underestimate Air Transport's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Air Transport's cash flow, debt, and profitability to make informed and accurate decisions about investing in Air Transport Services.

Net Income

34.61 Million

  
Understanding current and past Air Transport Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Air Transport's financial statements are interrelated, with each one affecting the others. For example, an increase in Air Transport's assets may result in an increase in income on the income statement.

Air Transport Stock Summary

Air Transport competes with Copa Holdings, SkyWest, Sun Country, Frontier Group, and Allegiant Travel. Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing and air cargo transportation and related services in the United States and internationally. Air Transport Services Group, Inc. was founded in 1980 and is based in Wilmington, Ohio. Air Transport operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 5280 people.
Foreign Associate
  Mexico
Specialization
Industrials, Transportation
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS00922R1059
CUSIP00922R105 00080S101
LocationOhio; U.S.A
Business Address145 Hunter Drive,
SectorAir Freight & Logistics
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.atsginc.com
Phone937 382 5591
CurrencyUSD - US Dollar

Air Transport Key Financial Ratios

Air Transport Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.5B3.0B3.3B3.6B3.9B4.1B
Other Assets204.5M272.9M216.8M183.4M165.1M174.1M
Total Liab2.0B2.1B1.9B2.2B2.5B2.6B
Other Current Liab75.5M71.6M86.6M34.8M37.9M45.9M
Other Liab596.6M327.8M289.2M354.1M407.2M308.5M
Retained Earnings56.1M78.0M309.4M528.9M589.2M618.7M
Accounts Payable109.8M141.4M174.2M193.0M227.7M239.0M
Cash59.3M39.7M69.5M27.1M53.6M34.5M
Long Term Debt1.5B1.5B1.3B1.5B1.7B1.8B
Inventory33.5M40.4M49.2M57.8M49.9M26.6M
Other Current Assets18.6M39.1M28.7M32.0M26.6M17.9M
Net Debt1.3B1.5B1.3B1.5B1.8B1.9B
Net Receivables147.8M153.5M205.4M301.6M215.6M226.4M
Total Current Assets259.2M272.7M352.8M418.5M345.7M215.1M
Short Term Debt29.7M31.5M19.4M47.3M95.0M99.8M
Intangible Assets131.7M120.3M109.2M96.7M86.5M90.8M
Net Tangible Assets(595.0M)(177.1M)817.3M919.9M1.1B1.1B
Long Term Debt Total1.5B1.5B1.3B1.5B1.7B985.3M
Capital Surpluse475.7M855.5M1.1B986.3M1.1B697.4M
Short Long Term Debt14.7M13.7M628K639K54.7M57.4M

Air Transport Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense28.8M62.9M58.8M46.9M72.7M76.3M
Total Revenue892.3M1.6B1.7B2.0B2.1B1.3B
Gross Profit190.4M350.5M373.9M485.8M199.8M189.8M
Operating Income(66.2M)(11.8M)(57.5M)285.5M199.8M209.8M
Ebit(66.2M)104.3M366.5M307.4M164.7M172.9M
Ebitda244.1M382.4M674.9M638.4M507.7M533.0M
Income Before Tax87.5M41.4M301.2M260.5M84.2M44.5M
Net Income69.3M25.1M231.4M198.6M60.3M34.6M
Income Tax Expense19.6M16.3M72.2M64.1M24.5M25.7M
Cost Of Revenue701.9M1.2B1.4B1.6B1.9B2.0B
Tax Provision11.6M16.3M72.2M64.1M43.5M28.8M
Interest Income370K222K39K415K920K1.1M
Net Interest Income(66.3M)(62.7M)(65.3M)(46.4M)(64.7M)(67.9M)

Air Transport Key Cash Accounts

201920202021202220232024 (projected)
Capital Expenditures292.9M510.4M504.7M599.4M793.4M833.1M
Net Income69.3M32.1M231.4M198.6M59.7M34.3M
End Period Cash Flow59.3M39.7M69.5M27.1M53.6M34.5M
Change To Inventory(3.3M)(27.8M)(3.1M)(19.0M)12.0M12.6M
Free Cash Flow5.1M1.9M78.8M(127.3M)(139.4M)(132.4M)
Depreciation204.6M310.3M341.8M355.8M343.0M360.1M
Other Non Cash Items(3.5M)157.3M(13.7M)1.3M46.7M41.3M
Change In Cash26.6M(6.5M)29.8M(42.4M)26.4M27.7M
Investments(24.4M)(13.3M)(2.2M)(600.1M)(711.7M)(676.1M)
Change Receivables(14.6M)9.4M(51.9M)(96.2M)(86.6M)(82.3M)
Net Borrowings59.4M(16.9M)(192.3M)142.4M163.7M106.4M
Change To Netincome61.8M55.8M43.7M13.2M11.8M11.3M

Air Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Air Transport's current stock value. Our valuation model uses many indicators to compare Air Transport value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Air Transport competition to find correlations between indicators driving Air Transport's intrinsic value. More Info.
Air Transport Services is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Air Transport's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Air Transport by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Air Transport Services Systematic Risk

Air Transport's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Air Transport volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Air Transport Services correlated with the market. If Beta is less than 0 Air Transport generally moves in the opposite direction as compared to the market. If Air Transport Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Air Transport Services is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Air Transport is generally in the same direction as the market. If Beta > 1 Air Transport moves generally in the same direction as, but more than the movement of the benchmark.

Air Transport Thematic Clasifications

Air Transport Services is part of Airlines investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Major domestic and international airlines. Domestic and international airlines and airline services
AirlinesView
This theme covers Major domestic and international airlines. Domestic and international airlines and airline services. Get More Thematic Ideas
Today, most investors in Air Transport Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Air Transport's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Air Transport growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.32)

At this time, Air Transport's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

Air Transport November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Air Transport help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Air Transport Services. We use our internally-developed statistical techniques to arrive at the intrinsic value of Air Transport Services based on widely used predictive technical indicators. In general, we focus on analyzing Air Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Air Transport's daily price indicators and compare them against related drivers.

Complementary Tools for Air Stock analysis

When running Air Transport's price analysis, check to measure Air Transport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Transport is operating at the current time. Most of Air Transport's value examination focuses on studying past and present price action to predict the probability of Air Transport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Transport's price. Additionally, you may evaluate how the addition of Air Transport to your portfolios can decrease your overall portfolio volatility.
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