Air Industries Group financial data

Symbol
AIRI on NYSE
Industry
Aircraft Parts & Auxiliary Equipment, NEC
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 - Q3 2024 - Nov 14, 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 -4.26 % +78.7%
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 3.36M shares
Common Stock, Shares, Outstanding 3.35M shares +1.85%
Entity Public Float 8.91M USD -49%
Common Stock, Value, Issued 3K USD 0%
Weighted Average Number of Shares Outstanding, Basic 3.34M shares +1.58%
Weighted Average Number of Shares Outstanding, Diluted 3.34M shares +1.58%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 12.6M USD +2.13%
Cost of Revenue 10.6M USD -4.08%
Costs and Expenses 26K USD
Operating Income (Loss) 67K USD
Nonoperating Income (Expense) 11K USD -15.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -404K USD +68.9%
Net Income (Loss) Attributable to Parent -631K USD +80.3%
Earnings Per Share, Basic -0.12 USD/shares +70%
Earnings Per Share, Diluted -0.12 USD/shares +70%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 186K USD
Accounts Receivable, after Allowance for Credit Loss, Current 7.26M USD
Inventory, Net 30.5M USD -2.68%
Assets, Current 38.6M USD +1.98%
Property, Plant and Equipment, Net 8.52M USD -8.23%
Operating Lease, Right-of-Use Asset 1.37M USD -32.5%
Goodwill 163K USD 0%
Assets 50.4M USD +1.3%
Liabilities, Current 26.8M USD +4.89%
Operating Lease, Liability, Noncurrent 925K USD -49%
Liabilities 35.7M USD +2.63%
Retained Earnings (Accumulated Deficit) -68.6M USD -0.93%
Stockholders' Equity Attributable to Parent 14.7M USD -1.8%
Liabilities and Equity 50.4M USD +1.3%

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 3.35M shares +1.85%
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 186K USD -74.9%
Deferred Tax Assets, Valuation Allowance 7.9M USD +2.62%
Deferred Tax Assets, Gross 9.43M USD -4.79%
Operating Lease, Liability 1.82M USD -40.6%
Depreciation 511K USD -16.8%
Payments to Acquire Property, Plant, and Equipment 111K USD -88.6%
Lessee, Operating Lease, Liability, to be Paid 1.99M USD -25.3%
Property, Plant and Equipment, Gross 45.5M USD +2.5%
Operating Lease, Liability, Current 890K USD +4.22%
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 179K USD -53.9%
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 266K USD +3.1%
Additional Paid in Capital 83.2M USD +0.44%
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 364K USD -8.54%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%