Air Industries Stock Financials

AIRI
 Stock
  

USD 0.72  0.01  1.41%   

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.
  
With this module, you can analyze Air Industries financials for your investing period. You should be able to track the changes in Air Industries individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Revenues

55.32 Million

Understanding current and past Air Industries Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Air Industries' financial statements are interrelated, with each one affecting the others. For example, an increase in Air Industries' assets may result in an increase in income on the income statement.
The fundamental analysis of Air Industries is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Air Industries includes many different criteria found on its balance sheet. For example, investors should never minimize Air Industries' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Air Industries' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Air Industries.

Air Industries Group Cash

Chance Of Financial Distress
Less than 48
Air Industries Group has less than 48 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Air Industries stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Air Industries' official financial statements usually reflect Air Industries' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Air Industries Group. For example, before you start analyzing numbers published by Air Industries accountants, it's critical to develop an understanding of what Air Industries' liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.
Please note, the presentation of Air Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Air Industries' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Air Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Air Industries Group. Please utilize our Beneish M Score to check the likelihood of Air Industries' management to manipulate its earnings.

Air Industries Company Summary

Air Industries competes with Aerojet Rocketdyne, Astra Space, Aerovironment, McDonalds Corp, and Pfizer. 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.
Specialization
Industrials, Aerospace & Defense
InstrumentUSA Stock View All
ExchangeNYSEMKT Exchange
CUSIP42216P205
LocationNew York; U.S.A
Business Address1460 Fifth Avenue
SectorIndustrials
IndustryAerospace & Defense
BenchmarkDOW
Websitewww.airindustriesgroup.com
Phone631 968 5000
Related EntityASHN
CurrencyUSD - US Dollar
You should never invest in Air Industries without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Air Industries Stock, because this is throwing your money away. Analyzing the key information contained in Air Industries' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Air Industries Key Financial Ratios

Generally speaking, Air Industries' financial ratios allow both analysts and investors to convert raw data from Air Industries' financial statements into concise, actionable information that can be used to evaluate the performance of Air Industries over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Air Industries Group reports annually and quarterly.

Air Industries Key Balance Sheet Accounts

201720182019202020212022 (projected)
Total Assets60.76 M47.76 M51.09 M57.78 M53.42 M62.24 M
Current Assets47.58 M38.05 M38.24 M43.61 M40.88 M46.6 M
Assets Non Current13.18 M9.71 M12.85 M14.17 M12.54 M13.18 M
Cash and Equivalents630 K2.01 M1.29 M2.5 M627 K958.79 K
Total Debt26.84 M25.07 M30.88 M31.9 M27.29 M30.99 M
Debt Current23.39 M19.34 M23.24 M17.18 M14.8 M20.45 M
Debt Non Current3.45 M5.72 M7.64 M14.72 M12.49 M10.54 M
Deferred Revenue931 K881 K1.01 M917 K1.47 M1.32 M
Shareholders Equity17.77 M11.61 M10.21 M15.11 M17.39 M16.78 M
Inventory31.14 M29.05 M28.65 M32.12 M29.53 M32.6 M
Total Liabilities42.99 M36.15 M40.88 M42.67 M36.04 M42.6 M
Current Liabilities38.05 M29.01 M32.62 M27.33 M23.4 M31.25 M
Tax Assets2.6 M409 K49 K15 K22 K22.58 K

Air Industries Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Air Industries' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Consolidated Income(22.55 M)(10.99 M)(2.73 M)1.1 M1.63 M1.76 M
Cost of Revenue45 M39.09 M45.43 M43.59 M48.69 M45.61 M
Gross Profit4.87 M5.45 M9.14 M6.51 M10.25 M9.72 M
Interest Expense3.38 M3.92 M3.56 M1.49 M1.26 M1.96 M
Net Income(22.55 M)(10.99 M)(2.73 M)1.1 M1.63 M1.76 M
Operating Expenses17.62 M10.36 M8.81 M7.95 M7.77 M8.76 M
Operating Income(12.76 M)(4.91 M)328 K(1.44 M)2.49 M2.68 M
Revenues49.87 M44.53 M54.57 M50.1 M58.94 M55.32 M
Income Tax Expense2.1 M(197 K)37 K(1.41 M)(1.27 M)(1.3 M)

Air Industries Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Air Industries Group. It measures of how well Air Industries is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Air Industries brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Air Industries had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Air Industries has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(2.5 M)(1.79 M)(764 K)(3.8 M)(1.36 M)(1.47 M)
Depreciation Amortization and Accretion3.82 M3.54 M3.47 M3.05 M3.29 M3.79 M
Net Cash Flow or Change in Cash and Cash Equivalents(674 K)1.38 M(718 K)1.21 M(1.88 M)(1.93 M)
Issuance Repayment of Debt Securities(6.13 M)(2.73 M)250 K5.78 M(4.58 M)(4.7 M)
Net Cash Flow from Financing1.55 M33 K934 K6.53 M(4.58 M)(4.7 M)
Net Cash Flow from Investing1.76 M3.69 M(764 K)(3.8 M)(1.36 M)(1.47 M)
Net Cash Flow from Operations(3.99 M)(2.34 M)(888 K)(1.52 M)4.06 M4.38 M
Share Based Compensation564 K598 K622 K519 K653 K529.74 K

Air Industries Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Air Industries's current stock value. Our valuation model uses many indicators to compare Air Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Air Industries competition to find correlations between indicators driving Air Industries's intrinsic value. More Info.
Air Industries Group is number one stock in short ratio category among related companies. It is number one stock in current asset category among related companies fabricating about  247,259,091  of Current Asset per Short Ratio. The current Current Assets is estimated to increase to about 46.6 M. The current Average Assets is estimated to increase to about 55.2 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Air Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Air Industries' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Air Industries' earnings, one of the primary drivers of an investment's value.

Air Industries Group Systematic Risk

Air Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Air Industries 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Air Industries Group correlated with the market. If Beta is less than 0 Air Industries generally moves in the opposite direction as compared to the market. If Air Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Air Industries Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Air Industries is generally in the same direction as the market. If Beta > 1 Air Industries moves generally in the same direction as, but more than the movement of the benchmark.
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About Air Industries Financials

What exactly are Air Industries Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Air Industries' income statement, its balance sheet, and the statement of cash flows. Potential Air Industries investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Air Industries is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Air Industries grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Air Industries Thematic Clasifications

Air Industries Group is part of several thematic ideas from Aircraft to Military Industrial. 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. Get More Thematic Ideas
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Air Industries August 17, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Air Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Air Industries Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Air Industries Group based on widely used predictive technical indicators. In general, we focus on analyzing Air Industries Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Air Industries's daily price indicators and compare them against related drivers.
Downside Deviation3.74
Information Ratio0.0154
Maximum Drawdown14.82
Value At Risk(5.71)
Potential Upside6.25
Please continue to Trending Equities. 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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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.
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.