Air Industries Group (AIRI)

Air Industries Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	-	0.35	0.28	0.63	2.51	1.29
Cash & Short-Term Investments	0.25	0.35	0.28	0.63	2.51	1.29
Cash Growth	-66.62%	23.13%	-55.18%	-74.97%	93.59%	-35.69%
Accounts Receivable	-	7.89	9.48	10.47	8.8	7.86
Other Receivables	-	0.3	0.3	-	-	-
Receivables	-	8.19	9.78	10.47	8.8	7.86
Inventory	-	29.85	31.82	29.53	32.12	28.65
Prepaid Expenses	-	0.33	0.34	0.25	0.19	0.45
Total Current Assets	-	38.72	42.22	40.88	43.61	38.25
Property, Plant & Equipment	-	10.88	11.07	11.42	13.09	11.2
Goodwill	-	-	-	0.16	0.16	0.16
Long-Term Deferred Charges	-	1.11	0.53	0.96	0.91	1.48
Total Assets	-	50.72	53.81	53.43	57.78	51.09
Accounts Payable	-	5.46	6.44	5.46	7.24	6.58
Accrued Expenses	-	0.63	1.1	1.26	1.44	1.53
Current Portion of Long-Term Debt	-	16.04	14.48	14.11	16.48	22.54
Current Portion of Leases	-	0.88	0.78	0.69	0.7	0.7
Current Income Taxes Payable	-	-	-	-	-	0.03
Current Unearned Revenue	-	3.6	0.82	1.51	0.96	1.05
Other Current Liabilities	-	-	-	0.37	0.51	0.2
Total Current Liabilities	-	26.6	23.62	23.4	27.33	32.62
Long-Term Debt	-	6.39	10.46	8.99	10.79	3.38
Long-Term Leases	-	2.47	2.79	3.5	3.93	4.26
Long-Term Unearned Revenue	-	0.07	0.11	0.14	0.18	0.22
Other Long-Term Liabilities	-	-	-	-	0.44	0.4
Total Liabilities	-	35.53	36.98	36.04	42.67	40.88
Common Stock	-	0	0	0	0.03	0.03
Additional Paid-In Capital	-	82.93	82.45	81.92	81.24	77.43
Retained Earnings	-	-67.74	-65.61	-64.53	-66.16	-67.26
Total Common Equity	14.89	15.19	16.84	17.39	15.11	10.21
Shareholders' Equity	14.89	15.19	16.84	17.39	15.11	10.21
Total Liabilities & Equity	-	50.72	53.81	53.43	57.78	51.09
Total Debt	26.98	25.77	28.51	27.29	31.9	30.88
Net Cash (Debt)	-26.73	-25.43	-28.23	-26.66	-29.4	-29.59
Net Cash Per Share	-7.92	-7.76	-8.75	-8.32	-9.56	-10.26
Filing Date Shares Outstanding	3.37	3.32	3.26	3.22	3.2	3.05
Total Common Shares Outstanding	3.37	3.3	3.25	3.21	3.19	2.95
Working Capital	-	12.12	18.6	17.48	16.28	5.62
Book Value Per Share	4.48	4.60	5.18	5.41	4.74	3.46
Tangible Book Value	14.89	15.19	16.84	17.23	14.95	10.04
Tangible Book Value Per Share	4.48	4.60	5.18	5.36	4.68	3.41
Land	-	0.3	0.3	0.3	0.3	0.3
Buildings	-	2.21	1.79	1.72	1.68	1.65
Machinery	-	40.04	38.47	35.95	34.73	30.36
Leasehold Improvements	-	1.03	0.94	0.88	0.86	0.53
Order Backlog	-	98.3	85.7	75	81.1	-

Source: S&P Capital IQ. Standard template. Financial Sources.