Air Industries Group Balance Sheet - Quarterly (NYSEMKT:AIRI)

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$3.77 $0.1 (2.66%) AIRI stock closing price Feb 24, 2017 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Air Industries Group stock analysis. As in our Air Industries Group stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Quarterly results are typically accompanied with the company releasing financial statements. The Air Industries Group balance sheet for 2016-Q3 shows cash on hand of $1.29M. The cash has increased by $0.54M. Air Industries Group revenue was $15.71M and Air Industries Group operating cash flow was $-1.12M. View Air Industries Group quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Cash1.29M0.75M0.36M0.52M0.79M1.21M2.45M1.41M1.56M1.16M
Marketable Securities----------
Receivables9.93M11.33M9.81M13.66M13.96M11.74M12.48M11.91M8.8M9.47M
Inventory43.02M40.53M40.65M36.92M38.93M33.28M31.49M28.39M30.68M29.26M
Raw Materials---9.18M---7.16M--
Work In Progress---19.74M---14.88M--
Finished Goods---11.83M---10.07M--
Notes Receivable----------
Other Current Assets1.32M3.79M5.47M5M2.36M2.11M1.98M2.29M1.51M1.68M
Air Industries Group Total Current Assets
55.58M56.42M56.31M56.12M56.05M48.36M48.42M44.02M42.57M41.59M
Property Plant & Equipment35.7M35.49M32.78M31.93M32.29M29.77M29.05M23.21M18.7M18.54M
Accumulated Depreciation19.47M18.46M17.51M16.63M16.32M15.27M14.36M13.65M12.96M12.44M
Air Industries Group Net Property Plant & Equipment
17.62M18.25M16.39M16.32M16.9M15.4M15.47M10.26M6.43M6.76M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges5.31M1.64M1.36M1.43M2.68M2.19M2.31M1.68M1.62M1.39M
Intangibles13.41M13.73M14.05M14.37M13.51M12.61M11.6M9.94M8.47M8.65M
Deposits & Other Assets----------
Air Industries Group Total Assets
91.94M90.05M88.12M88.25M89.16M78.57M77.81M65.92M59.11M58.4M
Notes Payable40.89M19.5M14.96M19.21M14.05M-----
Accounts Payable14.37M12.8M12.99M12.05M13.32M8.13M8.82M6.94M6.28M7.78M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----0.01M0.02M0.04M0.05M0.06M0.06M
Accrued Expenses----------
Income Taxes Payable0.03M0.02M0.02M0.01M--0.1M0.07M0.38M1.77M
Other Current Liabilities1.1M1.28M1.34M0.99M2.06M1.62M1.35M1.26M0.21M1.27M
Air Industries Group Total Current Liabilities
49.62M49.68M55.23M53.95M54.8M44.45M34.15M27.84M23.24M22.73M
Mortgages----------
Deferred Taxes/Income1.55M1.56M1.57M1.57M1.58M1.58M1.58M1.58M1.6M1.59M
Convertible Debt----------
Long-Term Debt8.49M5.26M3.91M3.91M3.78M2.76M10.59M8.21M3.19M3.38M
Non-Current Capital Leases--------0.01M0.02M
Other Long-Term Liabilities----------
Air Industries Group Total Liabilities
59.67M56.5M60.71M59.44M60.17M48.81M46.34M37.64M28.05M27.74M
Minority Interest----------
Preferred Stock----------
Common Stock Net0.01M0.01M0.01M0.01M0.01M0.01M0.01M0.01M0.01M0.01M
Capital Surplus51.64M50.57M44.18M44.15M43.66M44.78M45.88M42.79M44.9M44.89M
Retained Earnings-19.38M-17.03M-16.78M-15.35M-14.68M-15.02M-14.42M-14.52M-13.85M-14.23M
Treasury Stock----------
Other Liabilities----------
Air Industries Group Shareholders Equity
32.26M33.54M27.4M28.8M28.99M29.76M31.47M28.27M31.05M30.66M
Air Industries Group Total Liabilities & Shareholders Equity
91.94M90.05M88.12M88.25M89.16M78.57M77.81M65.92M59.11M58.4M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Air Industries Group stock price, and Air Industries Group historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Air Industries Group PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: An asset is a resource that a corporation like Air Industries Group owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for AIRI stock as of quarter is $91.94M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: The total liabilities of Air Industries Group for 2016-Q3 total to $59.67M. Liabilities for a company like Air Industries Group include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.
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Air Industries Group Balance Sheet - Key Ratios

Current ratio
1.12
Debt to Equity ratio
1.53
Asset Turnover
ratio
0.69
receivables turnover
ratio
6.28
PB ratio (
price to book ratio
)
0.9490

Quarterly Balance Sheets For Air Industries Group Inc Peers

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