Air Industries Fundamentals

AIRI
 Stock
  

USD 0.57  0.01  1.79%   

Air Industries Group fundamentals help investors to digest information that contributes to Air Industries' financial success or failures. It also enables traders to predict the movement of Air Industries Stock. The fundamental analysis module provides a way to measure Air Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Air Industries stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Air Industries Current Liabilities Analysis

Air Industries' Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Liabilities 
 = 
Payables 
Accrued Debt 
More About Current Liabilities | All Equity Analysis

Current Air Industries Current Liabilities

    
  53.96 M  
Most of Air Industries' fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Air Industries Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Compare to competition

In accordance with the recently published financial statements, Air Industries Group has a Current Liabilities of 53.96 M. This is 93.94% lower than that of the Industrials sector and 98.32% lower than that of the Aerospace & Defense industry. The current liabilities for all United States stocks is 99.32% higher than that of the company.

Air Industries Group Fundamental Drivers 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 ebitda category among related companies. It is number one stock in return on asset category among related companies . The ratio of EBITDA to Return On Asset for Air Industries Group is about  1,782,895 . 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 Institutional Holders

Institutional Holdings refers to the ownership stake in Air Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Air Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Air Industries' value.
Security TypeSharesValue
Richmond Brothers IncCommon Shares2.3 M1.6 M
Vanguard Group IncCommon Shares1.2 M820 K
Raymond James Financial Services Advisors IncCommon Shares334.8 K234 K
Columbia Advisory Partners LlcCommon Shares184.5 K129 K
Geode Capital Management LlcCommon Shares165.8 K116 K
Bridgeway Capital Management LlcCommon Shares90 K63 K
Virtu Financial LlcCommon Shares82.2 K58 K
Let's try to break down what Air Industries's beta means in this case. As returns on the market increase, Air Industries returns are expected to increase less than the market. However, during the bear market, the loss on holding Air Industries will be expected to be smaller as well.

Air Industries Fundamentals

About Air Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Air Industries Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Air Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Air Industries Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 AMEX Exchange. It employs 197 people.
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.

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.
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 Air Industries Piotroski F Score and Air Industries Altman Z Score analysis. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running Air Industries Group price analysis, check to measure Air Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Industries is operating at the current time. Most of Air Industries' value examination focuses on studying past and present price action to predict the probability of Air Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Air Industries' price. Additionally, you may evaluate how the addition of Air Industries to your portfolios can decrease your overall portfolio volatility.
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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.