Air Industries Group financial data

Symbol
AIRI on NYSE
Location
1460 Fifth Avenue, Bay Shore, NY
State of incorporation
NV
Fiscal year end
December 31
Former names
AIR INDUSTRIES GROUP, INC. (to 9/17/2013), Gales Industries Inc (to 6/29/2007), Ashlin Development Corp (to 4/3/2006), HEALTH & NUTRITION SYSTEMS INTERNATIONAL INC (to 1/14/2005)
Latest financial report
10-Q - Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 152 % -14.2%
Quick Ratio 119 % -12.7%
Debt-to-equity 237 % +8.84%
Return On Equity -14.6 % -49.8%
Return On Assets -4.33 % -41.1%
Operating Margin -0.75 % +27.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 3.32M shares +1.72%
Common Stock, Shares, Outstanding 3.32M shares +1.72%
Entity Public Float 8.91M USD -49%
Common Stock, Value, Issued 3K USD 0%
Weighted Average Number of Shares Outstanding, Basic 3.31M shares +1.72%
Weighted Average Number of Shares Outstanding, Diluted 3.31M shares +1.72%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 53M USD -1.3%
Cost of Revenue 44.2M USD -10.8%
Costs and Expenses 26K USD +550%
Operating Income (Loss) -396K USD +29.2%
Nonoperating Income (Expense) 139K USD -65.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.22M USD -33.2%
Net Income (Loss) Attributable to Parent -2.22M USD -33.2%
Earnings Per Share, Basic -0.67 USD/shares -31.4%
Earnings Per Share, Diluted -0.67 USD/shares -31.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 225K USD -80%
Accounts Receivable, after Allowance for Credit Loss, Current 7.89M USD -16.8%
Inventory, Net 29.4M USD -9.51%
Assets, Current 38.3M USD -7.62%
Property, Plant and Equipment, Net 8.03M USD -10.2%
Operating Lease, Right-of-Use Asset 1.7M USD -26.8%
Goodwill 163K USD 0%
Assets 50.3M USD -5.8%
Liabilities, Current 26.7M USD +13.6%
Operating Lease, Liability, Noncurrent 1.35M USD -40.3%
Liabilities 35.7M USD -3.57%
Retained Earnings (Accumulated Deficit) -68.4M USD -3.35%
Stockholders' Equity Attributable to Parent 14.5M USD -10.9%
Liabilities and Equity 50.3M USD -5.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -232K USD -116%
Net Cash Provided by (Used in) Financing Activities 222K USD -41.4%
Net Cash Provided by (Used in) Investing Activities -111K USD +88.6%
Common Stock, Shares Authorized 6M shares 0%
Common Stock, Shares, Issued 3.32M shares +1.72%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 844K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 225K USD -80%
Deferred Tax Assets, Valuation Allowance 7.9M USD +2.62%
Deferred Tax Assets, Gross 9.43M USD -4.79%
Operating Lease, Liability 2.25M USD -37%
Depreciation 2.19M USD -11%
Payments to Acquire Property, Plant, and Equipment 111K USD -88.6%
Lessee, Operating Lease, Liability, to be Paid 2.53M USD -17.3%
Property, Plant and Equipment, Gross 44.1M USD +2.87%
Operating Lease, Liability, Current 907K USD +13%
Lessee, Operating Lease, Liability, to be Paid, Year Two 729K USD -26.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 992K USD -7.29%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 274K USD -47.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 730K USD
Deferred Tax Assets, Operating Loss Carryforwards 22.4M USD +341%
Preferred Stock, Shares Authorized 3M shares 0%
Unrecognized Tax Benefits 95K USD
Operating Lease, Payments 265K USD +6.43%
Additional Paid in Capital 83M USD +0.54%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 1.53M USD -30.7%
Share-based Payment Arrangement, Expense 54K USD 0%
Interest Expense 1.43M USD -3.91%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%