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

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$1.42 $0.02 (1.39%) AIRI stock closing price Jul 21, 2017 (Closing)

The financial analysis of a company like Air Industries Group involves checking the three financial statements of the company in detail, of which the balance sheet is one. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Air Industries Group stock analysis, and provides insights into the firm's financial performance. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Air Industries Group revenue was $66.91M and Air Industries Group operating cash flow was $-0.69M for 2016. The balance sheet shows total liabilities of $57.91M and shareholders equity of $24.89M. View latest and last 10 year balance sheet data to check Air Industries Group financial performance..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016 2015 2014 2013 2012 2011
Cash1.3M0.52M1.41M0.56M0.49M0.57M
Marketable Securities------
Receivables8.05M13.66M11.91M8.58M11.63M6.04M
Inventory39.85M36.92M28.39M26.22M26.73M22.52M
Raw Materials-9.18M7.16M6M6.1M5.2M
Work In Progress-19.74M14.88M15.66M16.73M12.09M
Finished Goods-11.83M10.07M7.71M6.65M7.02M
Notes Receivable------
Other Current Assets7.01M5M2.29M1.56M0.67M0.33M
Air Industries Group Total Current Assets
56.22M56.12M44.02M36.92M39.53M29.47M
Property Plant & Equipment31.19M31.93M23.21M17.84M15.48M12.02M
Accumulated Depreciation18.97M16.63M13.65M11.31M9.6M8.05M
Air Industries Group Net Property Plant & Equipment
13.84M16.32M10.26M7.27M6.68M4.94M
Investment & Advances------
Other Non-Current Assets------
Deferred Charges1.09M1.43M1.68M0.79M0.59M0.67M
Intangibles11.63M14.37M9.94M5.17M6.34M1.89M
Deposits & Other Assets------
Air Industries Group Total Assets
82.8M88.25M65.92M50.17M53.15M36.98M
Notes Payable33.99M40.89M19.5M14.96M19.21M14.05M
Accounts Payable16.16M12.05M6.94M6.85M7.07M7.43M
Current Portion Long-Term Debt------
Current Portion Capital Leases--0.05M0.07M0.08M0.08M
Accrued Expenses------
Income Taxes Payable0.02M0.01M0.07M1.49M1.44M0.04M
Other Current Liabilities3.13M0.99M1.26M1M0.03M0.03M
Air Industries Group Total Current Liabilities
53.31M53.95M27.84M24.39M27.85M21.65M
Mortgages------
Deferred Taxes/Income1.62M1.57M1.58M1.57M1.54M1.49M
Convertible Debt------
Long-Term Debt2.97M3.91M8.21M2.52M4.64M8.99M
Non-Current Capital Leases---0.05M0.12M0.17M
Other Long-Term Liabilities------
Air Industries Group Total Liabilities
57.91M59.44M37.64M28.55M34.16M32.31M
Minority Interest------
Preferred Stock------
Common Stock Net0.01M0.01M0.01M0.01M0.01M-
Capital Surplus55.86M44.15M42.79M36.79M37.91M26.14M
Retained Earnings-30.98M-15.35M-14.52M-15.19M-18.93M-21.47M
Treasury Stock------
Other Liabilities------
Air Industries Group Shareholders Equity
24.89M28.8M28.27M21.61M18.98M4.66M
Air Industries Group Total Liabilities & Shareholders Equity
82.8M88.25M65.92M50.17M53.15M36.98M
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 year is $82.8M. 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: This item on the balance sheet implies the firm's, in this case Air Industries Group's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for AIRI stock stand at $57.91M.
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Air Industries Group Balance Sheet - Key Ratios

Current ratio
1.07
Debt to Equity ratio
1.47
Asset Turnover
ratio
0.83
receivables turnover
ratio
7.28
PB ratio (
price to book ratio
)
0.3800