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

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$1.47 $0.03 (2.08%) AIRI stock closing price Sep 22, 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. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Air Industries Group stock analysis. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The Air Industries Group balance sheet for 2017-Q2 shows total assets of $75.86M. Air Industries Group revenue was $17.08M and Air Industries Group operating cash flow was $-3.39M for the same quarter. View Air Industries Group quarterly results to get the balance sheet details for the latest 40 quarters data.

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Quarterly
Annual
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Fiscal year is Jan - Dec.2017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q32015 Q22015 Q1
Cash0.42M1.04M1.3M1.29M0.75M0.36M0.52M0.79M1.21M2.45M
Marketable Securities----------
Receivables9.9M7.48M8.05M9.93M11.33M9.81M13.66M13.96M11.74M12.48M
Inventory39.58M38.13M39.85M43.02M40.53M40.65M36.92M38.93M33.28M31.49M
Raw Materials7.13M7.35M----9.18M---
Work In Progress25.34M20.93M----19.74M---
Finished Goods12.11M14.45M----11.83M---
Notes Receivable----------
Other Current Assets0.48M0.89M7.01M1.32M3.79M5.47M5M2.36M2.11M1.98M
Air Industries Group Total Current Assets
50.4M47.55M56.22M55.58M56.42M56.31M56.12M56.05M48.36M48.42M
Property Plant & Equipment31.49M31.28M31.19M35.7M35.49M32.78M31.93M32.29M29.77M29.05M
Accumulated Depreciation20.38M19.7M18.97M19.47M18.46M17.51M16.63M16.32M15.27M14.36M
Air Industries Group Net Property Plant & Equipment
13.05M13.37M13.84M17.62M18.25M16.39M16.32M16.9M15.4M15.47M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges1.35M1.37M1.09M5.31M1.64M1.36M1.43M2.68M2.19M2.31M
Intangibles11.05M11.33M11.63M13.41M13.73M14.05M14.37M13.51M12.61M11.6M
Deposits & Other Assets----------
Air Industries Group Total Assets
75.86M73.62M82.8M91.94M90.05M88.12M88.25M89.16M78.57M77.81M
Notes Payable33.99M40.89M19.5M14.96M19.21M14.05M----
Accounts Payable15.01M15.33M16.16M14.37M12.8M12.99M12.05M13.32M8.13M8.82M
Current Portion Long-Term Debt----------
Current Portion Capital Leases-------0.01M0.02M0.04M
Accrued Expenses----------
Income Taxes Payable0.02M0.02M0.02M0.03M0.02M0.02M0.01M--0.1M
Other Current Liabilities0.74M0.76M3.13M1.1M1.28M1.34M0.99M2.06M1.62M1.35M
Air Industries Group Total Current Liabilities
47.72M44.45M53.31M49.62M49.68M55.23M53.95M54.8M44.45M34.15M
Mortgages----------
Deferred Taxes/Income1.61M1.61M1.62M1.55M1.56M1.57M1.57M1.58M1.58M1.58M
Convertible Debt----------
Long-Term Debt2.33M2.64M2.97M8.49M5.26M3.91M3.91M3.78M2.76M10.59M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Air Industries Group Total Liabilities
51.67M48.71M57.91M59.67M56.5M60.71M59.44M60.17M48.81M46.34M
Minority Interest----------
Preferred Stock----------
Common Stock Net0.01M0.01M0.01M0.01M0.01M0.01M0.01M0.01M0.01M0.01M
Capital Surplus58.28M57.03M55.86M51.64M50.57M44.18M44.15M43.66M44.78M45.88M
Retained Earnings-34.1M-32.13M-30.98M-19.38M-17.03M-16.78M-15.35M-14.68M-15.02M-14.42M
Treasury Stock----------
Other Liabilities----------
Air Industries Group Shareholders Equity
24.18M24.91M24.89M32.26M33.54M27.4M28.8M28.99M29.76M31.47M
Air Industries Group Total Liabilities & Shareholders Equity
75.86M73.62M82.8M91.94M90.05M88.12M88.25M89.16M78.57M77.81M
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: Anything that the Air Industries Group company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Air Industries Group had total assets of $75.86M.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Air Industries Group is $51.67M. Shareholders' equity comes under liabilities as it is money the company owes the holders of AIRI stock.
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Air Industries Group Balance Sheet - Key Ratios

Current ratio
1.06
Debt to equity ratio
1.5
Asset turnover ratio
0.91
Receivables turnover
7.03
price to book ratio
0.4