Is AIR T INC (AIRT) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 232.8% / 30% | 11.5% / 30% | 44.7% / 30% | 0.13% / 5% | ✗ NOT HALAL |
| DJIM | 232.8% / 33% | 11.5% / 33% | 44.7% / 33% | 0.13% / 5% | ✗ NOT HALAL |
| MSCI | 74.3% / 33% | 3.7% / 33% | 14.3% / 33% | 0.13% / 5% | ✗ NOT HALAL |
| S&P | 232.8% / 33% | 11.5% / 33% | 44.7% / 33% | 0.13% / 5% | ✗ NOT HALAL |
| FTSE | 74.3% / 33% | 3.7% / 33% | 14.3% / 50% | 0.13% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 23.2% | |
| Operating Margin | -5.3% | |
| Net Margin | -2.5% | |
| Return on Equity (ROE) | -48.3% | |
| Return on Assets (ROA) | -1.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $23M |
| Free Cash Flow | $8M |
| Total Debt | $129M |
| Debt-to-Equity | 3589.5 |
| Current Ratio | 1.0 |
| Total Assets | $174M |
Price & Trading
| Last Close | $21.97 |
| 50-Day MA | $22.31 |
| 200-Day MA | $21.85 |
| Avg Volume | 2K |
| Beta | 0.4 |
|
52-Week Range
$14.56
| |
About AIR T INC (AIRT)
Air T, Inc. provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2025, this segment had 103 aircraft under the dry-lease agreements with FedEx. Its Ground Support Equipment 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 company's 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 various electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft to airlines and commercial aircraft leasing companies. This segment also provides composite aircraft structures, and repair and support services, as well as aircraft service and maintenance services. Its Digital Solutions segment develops and provides digital aviation and other business services to customers within the aviation industry. Air T, Inc. was incorporated in 1980 and is based in Charlotte, North Carolina.
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Frequently Asked Questions
Is AIR T INC (AIRT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), AIR T INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is AIR T INC's debt ratio?
AIR T INC's debt ratio is 232.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 74.3%.
What are AIR T INC's key financial metrics?
AIR T INC has a market capitalization of $59M, and revenue of $292M. The company maintains a gross margin of 23.2% and a net margin of -2.5%. Return on equity stands at -48.3%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.