Michael Porcelain - Air Industries Director

AIRI -  USA Stock  

USD 0.64  0.01  1.54%

  Director
Mr. Michael D. Porcelain is independent Director of the company. He has a director of our company since October 23, 2017. Mr. Porcelain was Senior Vice President and Chief Financial Officer of Comtech Telecommunications Corporationration, a publicly traded company and leading provider of advanced communication solutions for both commercial and government customers worldwide, since March 2006, and from 2002 to March 2006, he served as Vice President of Finance and Internal Audit of Comtech. From 1998 to 2002, Mr. Porcelain was Director of Corporationrationrate Profit and Business Planning for Symbol Technologies, a mobile wireless information solutions company. Previously, he spent five years in public accounting holding various positions, including Manager in the Transaction Advisory Services Group of PricewaterhouseCoopers. Since 1998, he has owned and operated The Independent Adviser Corporationrationration, a privately held company which holds the rights to use certain intellectual properties and trademarks related to the financial planning and advisory industry. Mr. Porcelain is an Adjunct Professor at St. Johns University located in New York where he teaches graduate level accounting courses. Mr. Porcelain has a B.S. in Business Economics from State University of Oneonta, New York, a M.S. in Accounting and an M.B.A. degree from Binghamton University. Mr. Porcelains knowledge and experience in accounting matters qualify him to serve as a Director.
Age: 48  Director Since 2017  MBA    
631 968 5000  https://www.airindustriesgroup.com
Porcelain has a B.S. in Business Economics from State University of Oneonta, New York, a M.S. in Accounting and an M.B.A. degree from Binghamton University.

Air Industries Management Efficiency

Air Industries Group has return on total asset (ROA) of 2.8 % which means that it generated profit of $2.8 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of 10.01 %, meaning that it created $10.01 on every $100 dollars invested by stockholders. Air Industries management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities. The current Return on Average Assets is estimated to increase to 0.0324. The current Return on Average Equity is estimated to increase to 0.11. Air Industries Assets Non Current are most likely to increase significantly in the upcoming years. The last year's value of Assets Non Current was reported at 12.54 Million. The current Goodwill and Intangible Assets is estimated to increase to about 150.6 K, while Asset Turnover is projected to decrease to 0.97.
The company currently holds 27.29 M in liabilities with Debt to Equity (D/E) ratio of 1.57, which is about average as compared to similar companies. Air Industries Group has a current ratio of 1.72, which is within standard range for the sector. Debt can assist Air Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Air Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Air Industries Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Air Industries to invest in growth at high rates of return. When we think about Air Industries' use of debt, we should always consider it together with cash and equity.

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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 Group (AIRI) is traded on NYSEMKT Exchange in USA. It is located in 1460 Fifth Avenue and employs 197 people. Air Industries is listed under Aircraft category by Fama And French industry classification.

Air Industries Group Leadership Team

Elected by the shareholders, the Air Industries' board of directors comprises two types of representatives: Air Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Air Industries. The board's role is to monitor Air Industries' management team and ensure that shareholders' interests are well served. Air Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Air Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Taglich, Chairman of the Board
Robert Schroeder, Independent Director
Peter Rettaliata, CEO and President and Director
Marianne Giglio, Interim Chief Accounting Officer and Vice President
David Buonanno, Independent Director
Daniel Godin, CEO and Pres
Gary Settoducato, President of Welding Metallurgy Inc
Luciano Melluzzo, President - Air Industries Group
Michael Brand, Independent Director
James Sartori, Chief Accounting Officer and VP
Seymour Siegel, Independent Director
Dario Peragallo, President of Air Industries Machining Corporate and General Manager of AIM
Michael Porcelain, Director
Michael Recca, Group VP of Fin.
Robert Taglich, Director

Air Industries Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Air Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Air Industries without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.