Air Transport Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $75 Mil. Air Transport Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,743 Mil. Air Transport Services Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,369 Mil.
Air Transport Services Group's debt to equity for the quarter that ended in Dec. 2023 was 1.33.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Air Transport Services Group's Debt-to-Equity or its related term are showing as below:
ATSG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.87 Med: 1.36 Max: 3.32
Current: 1.33
During the past 13 years, the highest Debt-to-Equity Ratio of Air Transport Services Group was 3.32. The lowest was 0.87. And the median was 1.36.
Air Transport Services Group Debt-to-Equity Historical Data
The historical data trend for Air Transport Services Group's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
|
Air Transport Services Group Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
3.32 |
1.81 |
1.03 |
1.09 |
1.33 |
|
Air Transport Services Group Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.09 |
1.14 |
1.09 |
1.30 |
1.33 |
Competitive Comparison
For the Airlines subindustry, Air Transport Services Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Air Transport Services Group Debt-to-Equity Distribution
For the Transportation industry and Industrials sector, Air Transport Services Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Air Transport Services Group's Debt-to-Equity falls into.
Air Transport Services Group Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Air Transport Services Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Air Transport Services Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Air Transport Services Group (Air Transport Services Group) Business Description
Traded in Other Exchanges
Address
145 Hunter Drive, Wilmington, OH, USA, 45177
Air Transport Services Group Inc along with its subsidiaries operates within the airfreight and logistics industry. It leases aircraft and provides airline operations, ground services, aircraft modification and maintenance, and other support services mainly to the cargo transportation and package delivery industries. The company has two reportable segments namely Cargo Aircraft Management and ACMI Services (Aircraft, Crew, Maintenance, and Insurance). It generates a majority of its revenue from the ACMI services segment.
Executives
| Koharik Edward Joseph Iii |
officer: Chief Operating Officer |
C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177 |
| Johns Raymond E Jr |
director |
C\O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177 |
| Michael L Berger |
officer: Chief Commercial Officer |
C\O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177 |
| Jeffrey J Vorholt |
director |
13 VIA ROMA, PALM COAST FL 32137 |
| Amazon Com Inc |
10 percent owner |
410 TERRY AVENUE NORTH, SEATTLE WA 98109 |
| Matthew E. Fedders |
officer: VP, Corporate Controller |
C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177 |
| Paul Chase |
officer: Chief Commercial Officer |
C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177 |
| Joseph C Hete |
officer: President & CEO |
|
| W Joseph Payne |
officer: Sr. VP, General Counsel & Sec. |
ABX AIR INC, 145 HUNTER DRIVE, WILMINGTON OH 45177 |
| Quint O Turner |
officer: Chief Financial Officer |
145 HUNTER DRIVE, WILMINGTON OH 45177 |
| Jeffrey A. Dominick |
director |
ABX HOLDINGS, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177 |
| Randy D Rademacher |
director |
ABX AIR, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177 |
| John Christopher Teets |
director |
C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067 |
| Richard Francis Corrado |
officer: Chief Commercial Officer |
C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177 |
| Phyllis J Campbell |
director |
C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177 |
Air Transport Services Group (Air Transport Services Group) Headlines
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