Air Historical Balance Sheet

AIRI Stock  USD 4.49  0.06  1.32%   
Trend analysis of Air Industries Group balance sheet accounts such as Short Long Term Debt Total of 20.8 M, Other Current Liabilities of 842.6 K or Total Current Liabilities of 23.7 M provides information on Air Industries' total assets, liabilities, and equity, which is the actual value of Air Industries Group to its prevalent stockholders. By breaking down trends over time using Air Industries balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Air Industries Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Air Industries Group is a good buy for the upcoming year.

Air Industries Inventory

22.4 Million

  
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About Air Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Air Industries Group at a specified time, usually calculated after every quarter, six months, or one year. Air Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Air Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Air currently owns. An asset can also be divided into two categories, current and non-current.

Air Industries Balance Sheet Chart

As of now, Air Industries' Property Plant And Equipment Gross is increasing as compared to previous years. The Air Industries' current Current Deferred Revenue is estimated to increase to about 3.8 M, while Total Assets are projected to decrease to under 42.8 M.

Total Assets

Total assets refers to the total amount of Air Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Air Industries Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Air Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Air Industries Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Air Industries' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Air Industries Group current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Industries Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of now, Air Industries' Property Plant And Equipment Gross is increasing as compared to previous years. The Air Industries' current Current Deferred Revenue is estimated to increase to about 3.8 M, while Total Assets are projected to decrease to under 42.8 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total27.3M28.5M25.8M20.8M
Total Assets53.4M53.8M50.7M42.8M

Air Industries balance sheet Correlations

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0.880.680.650.720.660.690.150.570.130.89-0.140.130.81-0.14-0.120.070.740.370.440.710.070.820.72-0.08-0.03
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0.290.360.240.250.130.390.3-0.290.31.00.2-0.080.130.240.260.380.370.020.440.36-0.320.330.230.64-0.18
0.780.740.220.570.810.670.75-0.020.430.130.740.240.130.030.110.440.72-0.090.50.670.210.750.620.01-0.03
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0.050.22-0.2-0.06-0.120.470.21-0.94-0.060.26-0.150.20.260.110.930.660.28-0.280.670.140.750.16-0.090.50.66
0.220.4-0.22-0.010.070.460.39-0.580.10.380.030.330.380.440.580.660.42-0.330.60.290.440.33-0.030.360.13
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0.960.980.550.950.710.870.97-0.240.910.360.860.120.360.670.140.140.290.950.40.70.10.960.940.220.11
0.090.16-0.24-0.040.070.350.18-0.65-0.05-0.320.00.08-0.320.210.640.750.440.22-0.220.440.10.15-0.06-0.090.8
0.980.930.650.90.820.870.93-0.250.840.330.840.10.330.750.180.160.330.980.440.750.960.150.870.210.08
0.920.90.560.990.720.760.91-0.010.860.230.910.060.230.62-0.08-0.09-0.030.820.430.490.94-0.060.870.080.04
0.110.240.220.11-0.080.390.2-0.560.080.64-0.070.210.640.010.570.50.360.250.130.530.22-0.090.210.08-0.04
0.060.11-0.180.07-0.030.280.12-0.620.01-0.180.010.16-0.18-0.030.570.660.130.15-0.080.320.110.80.080.04-0.04
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Air Industries Account Relationship Matchups

Air Industries balance sheet Accounts

201920202021202220232024 (projected)
Total Assets51.1M57.8M53.4M53.8M50.7M42.8M
Short Long Term Debt Total30.9M31.9M27.3M28.5M25.8M20.8M
Other Current Liab1.8M2.0M1.6M1.5M887K842.7K
Total Current Liabilities32.6M27.3M23.4M23.6M26.6M23.7M
Total Stockholder Equity10.2M15.1M17.4M16.8M15.2M12.4M
Property Plant And Equipment Net11.2M13.1M11.4M11.1M10.9M7.1M
Net Debt29.6M29.4M26.7M28.2M25.4M20.1M
Retained Earnings(67.3M)(66.2M)(64.5M)(65.6M)(67.7M)(64.4M)
Accounts Payable6.6M7.2M5.5M6.4M5.5M6.0M
Cash1.3M2.5M627K281K346K328.7K
Non Current Assets Total12.8M14.2M12.5M11.6M12.0M11.7M
Non Currrent Assets Other1.5M912K960K532K1.1M1.2M
Cash And Short Term Investments1.3M2.5M627K281K346K328.7K
Net Receivables7.9M8.8M10.5M9.8M8.2M6.5M
Common Stock Total Equity25K28K29K32K36.8K21.3K
Common Stock Shares Outstanding2.9M3.7M3.6M3.2M3.3M3.4M
Liabilities And Stockholders Equity51.1M57.8M53.4M53.8M50.7M42.8M
Non Current Liabilities Total8.3M15.3M12.6M13.4M8.9M7.0M
Inventory28.6M32.1M29.5M31.8M29.9M22.4M
Other Current Assets447K188K248K335K334K317.3K
Other Stockholder Equity77.4M81.2M81.9M82.4M82.9M44.7M
Total Liab40.9M42.7M36.0M37.0M35.5M30.7M
Property Plant And Equipment Gross11.2M13.1M42.3M44.3M46.4M48.7M
Total Current Assets38.2M43.6M40.9M42.2M38.7M31.1M
Short Term Debt23.2M17.2M14.8M15.3M16.9M15.0M
Common Stock28K29K32K3K3.5K3.3K
Current Deferred Revenue1.0M955K1.5M819K3.6M3.8M
Other Liab1.4M621K616K143K128.7K122.3K
Other Assets768K1.5M4.4M960K1.1M1.0M
Long Term Debt3.4M10.8M9.3M10.8M7.3M6.6M
Property Plant Equipment8.8M11.2M13.1M11.4M13.1M10.8M
Net Tangible Assets11.4M10.0M14.9M17.2M15.5M11.4M
Retained Earnings Total Equity(53.5M)(64.5M)(67.3M)(66.2M)(59.5M)(62.5M)
Long Term Debt Total1.8M3.4M3.4M4.8M4.3M3.1M
Capital Surpluse71.3M76.1M77.4M81.2M93.4M66.8M
Deferred Long Term Liab1.4M219K912K960K864K1.1M
Short Long Term Debt22.5M16.5M14.1M14.5M16.0M17.3M

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When determining whether Air Industries Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Air Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Air Industries Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Air Industries Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Industries Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Aerospace & Defense space 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 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.
Earnings Share
(0.18)
Revenue Per Share
16.148
Quarterly Revenue Growth
0.028
Return On Assets
0.0034
Return On Equity
(0.1)
The market value of Air Industries Group is measured differently than its book value, which is the value of Air 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 if Air Industries is a good investment 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.