Air Industries Financial Statements From 2010 to 2022

AIRI -  USA Stock  

USD 0.64  0.01  1.54%

Air Industries financial statements provide useful quarterly and yearly information to potential Air Industries Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Air Industries financial statements helps investors assess Air Industries' valuation, profitability, and current liquidity needs.
We have found eighty-nine available fundamental signals for Air Industries Group, which can be analyzed and compared to other ratios and to its rivals. Please verify all of Air Industries Group prevailing fundamental drivers against the trend between 2010 and 2022 to make sure the company can sustain itself down the road.
Air Industries Earnings before Tax are most likely to decrease significantly in the upcoming years. The last year's value of Earnings before Tax was reported at 1.63 Million. The current Average Equity is estimated to increase to about 16.7 M, while Working Capital is projected to decrease to roughly 15.3 M.
  
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Check Air Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Air Industries main balance sheet or income statement drivers, such as Consolidated Income of 1.8 M, Cost of Revenue of 45.6 M or Earning Before Interest and Taxes EBIT of 3.1 M, as well as many exotic indicators such as Asset Turnover of 0.97, Book Value per Share of 0.56 or Current Ratio of 1.72. Air Industries financial statements analysis is a perfect complement when working with Air Industries Valuation or Volatility modules. It can also supplement various Air Industries Technical models. Please continue to the analysis of Air Industries Correlation against competitors.

Air Industries Revenues

55.32 Million

Share

Air Industries Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets62.2 M53.4 M57.5 M
Increasing
Stable
Cash and Equivalents958.8 K627 KM
Increasing
Slightly volatile
Deferred Revenue1.3 M1.5 M809.4 K
Increasing
Slightly volatile
Deposit Liabilities224.6 K225.9 K247 K
Decreasing
Slightly volatile
Property Plant and Equipment Net11.6 M11.4 M9.4 M
Increasing
Slightly volatile
Inventory32.6 M29.5 M29.2 M
Increasing
Slightly volatile
Tax Assets22.6 K22 K800.2 K
Decreasing
Slightly volatile
Trade and Non Trade Receivables9.2 M10.5 M8.6 M
Increasing
Very volatile
Trade and Non Trade Payables8.7 M6.7 M8.7 M
Increasing
Stable
Goodwill and Intangible Assets150.6 K146.7 K4.4 M
Decreasing
Slightly volatile
Total Liabilities42.6 M36 M40.3 M
Increasing
Stable
Shareholders Equity16.8 M17.4 M17 M
Increasing
Very volatile
Current Assets46.6 M40.9 M42.5 M
Increasing
Slightly volatile
Assets Non Current13.2 M12.5 M14.8 M
Increasing
Very volatile
Current Liabilities31.3 M23.4 M31.7 M
Increasing
Stable
Liabilities Non Current11.3 M12.6 M8.6 M
Increasing
Slightly volatile
Tax Liabilities322.1 K314 K343.2 K
Decreasing
Stable
Total Debt31 M27.3 M28.5 M
Increasing
Slightly volatile
Debt Current20.5 M14.8 M21.2 M
Increasing
Very volatile
Debt Non Current10.5 M12.5 M7.3 M
Increasing
Slightly volatile
Shareholders Equity USD16.8 M17.4 M17 M
Increasing
Very volatile
Cash and Equivalents USD958.8 K627 KM
Increasing
Slightly volatile
Total Debt USD31 M27.3 M28.5 M
Increasing
Slightly volatile

Air Industries Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues55.3 M58.9 M57.2 M
Decreasing
Stable
Cost of Revenue45.6 M48.7 M47 M
Decreasing
Very volatile
Selling General and Administrative Expense8.4 M7.8 M9.8 M
Decreasing
Very volatile
Operating Expenses8.8 M7.8 M10.6 M
Increasing
Very volatile
Interest ExpenseM1.3 M2.2 M
Increasing
Stable
Income Tax Expense(1.3 M)(1.3 M)(97.8 K)
Decreasing
Slightly volatile
Net Loss Income from Discontinued Operations212.4 K207 K1.2 M
Decreasing
Very volatile
Consolidated Income1.8 M1.6 M(2.8 M)
Decreasing
Stable
Net Income1.8 M1.6 M(2.8 M)
Decreasing
Stable
Net Income Common Stock1.8 M1.6 M(2.8 M)
Decreasing
Stable
Weighted Average Shares25.7 M32 M15.1 M
Increasing
Slightly volatile
Weighted Average Shares Diluted39.3 M36.4 M17 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT3.1 M2.9 M(578.6 K)
Decreasing
Stable
Revenues USD55.3 M58.9 M57.2 M
Decreasing
Stable
Net Income Common Stock USD1.8 M1.6 M(2.8 M)
Decreasing
Stable
Earning Before Interest and Taxes USD3.1 M2.9 M(578.6 K)
Decreasing
Stable
Gross Profit9.7 M10.3 M10.3 M
Decreasing
Slightly volatile
Operating Income2.7 M2.5 M(156.2 K)
Decreasing
Slightly volatile

Air Industries Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals6.8 M6.3 M(948.4 K)
Increasing
Slightly volatile
Net Cash Flow from Financing(4.7 M)(4.6 M)1.8 M
Decreasing
Stable
Issuance Repayment of Debt Securities (4.7 M)(4.6 M)187.4 K
Decreasing
Stable
Issuance Purchase of Equity Shares908.9 K885.6 K4.6 M
Decreasing
Slightly volatile
Net Cash Flow from Investing(1.5 M)(1.4 M)(2.9 M)
Increasing
Slightly volatile
Net Cash Flow from Operations4.4 M4.1 MM
Decreasing
Stable
Net Cash Flow or Change in Cash and Cash Equivalents(1.9 M)(1.9 M)(138.3 K)
Decreasing
Slightly volatile
Share Based Compensation529.7 K653 K322.7 K
Increasing
Slightly volatile
Depreciation Amortization and Accretion3.8 M3.3 M3.5 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share0.05390.05(0.1297)
Decreasing
Slightly volatile
Earnings per Diluted Share0.05390.05(0.1305)
Decreasing
Slightly volatile
Earnings per Basic Share USD0.05390.05(0.1297)
Decreasing
Slightly volatile
Dividends per Basic Common Share0.490.520.3747
Increasing
Slightly volatile
Return on Average Equity0.110.102(0.0977)
Decreasing
Stable
Return on Average Assets0.03240.03(0.0311)
Decreasing
Stable
Return on Invested Capital0.05390.050.005
Decreasing
Slightly volatile
Gross Margin0.170.1740.1733
Decreasing
Slightly volatile
Profit Margin0.03020.028(0.0607)
Decreasing
Stable
EBITDA Margin0.110.1050.0413
Decreasing
Stable
Return on Sales0.05290.049(0.0195)
Decreasing
Stable
Asset Turnover0.971.0691.0428
Decreasing
Slightly volatile
Payout Ratio(3.78)(3.68)(1.8481)
Decreasing
Slightly volatile
Enterprise Value over EBITDA8.549.1916.3356
Increasing
Stable
Enterprise Value over EBIT31.4220.033.3401
Increasing
Stable
Price to Earnings Ratio19.5718.148.9726
Increasing
Very volatile
Sales per Share1.891.8397.2815
Decreasing
Slightly volatile
Price to Sales Ratio0.640.4930.6173
Increasing
Slightly volatile
Price to Book Value2.11.6761.9447
Increasing
Slightly volatile
Debt to Equity Ratio2.252.0723.03
Decreasing
Slightly volatile
Dividend Yield0.05660.06330.0441
Increasing
Slightly volatile
Current Ratio1.721.7471.402
Increasing
Slightly volatile
Free Cash Flow per Share0.09060.0840.0698
Decreasing
Slightly volatile
Book Value per Share0.560.5431.9675
Decreasing
Slightly volatile
Tangible Assets Book Value per Share1.711.6625.9802
Decreasing
Slightly volatile

Air Industries Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax1.8 M1.6 M(2.7 M)
Decreasing
Stable
Earnings Before Interest Taxes and Depreciation Amortization EBITDA6.7 M6.2 M2.9 M
Decreasing
Stable
Earnings Before Interest Taxes and Depreciation Amortization USD6.7 M6.2 M2.9 M
Decreasing
Stable
Market Capitalization36.8 M29.1 M34.3 M
Increasing
Slightly volatile
Enterprise Value68.1 M56.9 M62.8 M
Increasing
Slightly volatile
Invested Capital58.1 M56.5 M48.6 M
Increasing
Slightly volatile
Average Equity16.7 M15.9 M18.4 M
Decreasing
Very volatile
Average Assets55.2 M55.1 M59 M
Increasing
Stable
Invested Capital Average59.9 M58.3 M49.4 M
Increasing
Slightly volatile
Tangible Asset Value59.3 M53.3 M52.9 M
Increasing
Slightly volatile
Free Cash Flow2.9 M2.7 M(556.7 K)
Decreasing
Stable
Working Capital15.3 M17.5 M10.8 M
Increasing
Slightly volatile

Air Industries Fundamental Market Drivers

Short Percent Of Float0.08%
Forward Price Earnings23.25
Shares Short Prior Month33.42k
Average Daily Volume Last 10 Day60.19k
Average Daily Volume In Three Month58.84k
Date Short Interest29th of April 2022
Fifty Day Average0.7384
Two Hundred Day Average0.9117

Air Industries Upcoming Events

Upcoming Quarterly Report4th of April 2022
Next Financial Report10th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End4th of April 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Air Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Air Industries income statement, its balance sheet, and the statement of cash flows. Air Industries investors use historical funamental indicators, such as Air Industries's revenue or net income, to determine how well the company is positioned to perform in the future. Although Air Industries investors may use each financial statement separately, they are all related. The changes in Air Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Air Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Air Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Air Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue1.5 M1.3 M
Cost of Revenue48.7 M45.6 M
Revenues58.9 M55.3 M
Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Air Industries Group was founded in 1979 and is headquartered in Bay Shore, New York. Air Industries operates under Aerospace Defense classification in the United States and is traded on NYSEMKT Exchange. It employs 197 people.

Air Industries Investors Sentiment

The influence of Air Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Air Industries. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Air Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Air Industries' short interest history, or implied volatility extrapolated from Air Industries options trading.

Current Sentiment - AIRI

Air Industries Group Investor Sentiment

Most of Macroaxis users are presently bullish on Air Industries Group. What is your sentiment towards investing in Air Industries Group? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Air Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Air Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Air Industries will appreciate offsetting losses from the drop in the long position's value.

Air Industries Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Air Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Air Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Air Industries Group to buy it.
The correlation of Air Industries is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Air Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Industries Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Air Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Air Industries Correlation against competitors. Note that the Air Industries Group information on this page should be used as a complementary analysis to other Air Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

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Is Air Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Industries. If investors know Air Industries will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
21 M
Quarterly Revenue Growth YOY
-0.12
Return On Assets
0.0304
Return On Equity
0.11
The market value of Air Industries Group is measured differently than its book value, which is the value of Air Industries that is recorded on the company's balance sheet. Investors also form their own opinion of Air Industries' value that differs from its market value or its book value, called intrinsic value, which is Air Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Industries' market value can be influenced by many factors that don't directly affect Air Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Air Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.