Company Information

  

Address: 360 MOTOR PARKWAY, SUITE 100  
City: HAUPPAUGE 
State: NY 
Zip Code: 11788 
Telephone: 631-881-4920 

Description of Business

Primary SIC Code: 3728
(As filed with the SEC)  

As used in this report, unless otherwise stated or the context requires otherwise, the "Company" and terms such as "we," "us" "our," and "AIRI" refer to Air Industries Group, a Nevada corporation, and its directly and indirectly wholly-owned subsidiaries. We are an aerospace and defense company. We manufacture and design structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines and other components. We also provide sheet metal fabrication of aerostructures, tube bending and welding services. Our products are currently deployed on a wide range of high profile military and commercial aircraft including Sikorsky's UH-60 Black Hawk and CH-47 Chinook helicopters, Lockheed Martin's F-35 Joint Strike Fighter, Northrop Grumman's E2 Hawkeye, Boeing's 777, Airbus' 380 commercial airliners and the US Navy F-18 and USAF F-16 fighter aircraft.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/2017-3.11NAN/E
06/2017-2.34NAN/E
03/2017-2.02NAN/E
12/2016-2.06NAN/E
09/2016-0.63NAN/E
06/2016-0.27NAN/E
03/2016-0.31NAN/E
12/2015-0.110.150N/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.28Total Liab/Total Assets0.70
Net Inc/Total Assets-0.19Total Liab/Inv Cap-12.82
Net Inc/Inv Cap3.46Total Liab/Comm Equity1.04
Pretax Inc/Net Sales-0.20Interest Coverage Ratio-4.20
Net Inc/Net Sales-0.23Curr Debt/Equity1.37
Cash Flow/Net Sales-0.01LTD/Equity0.12
SG&A/NetSales0.26Total Debt/Equity1.49
Asset Utilization   Liquidity  
Net Receivables Turnover5.71Quick Ratio0.31
Inventory Turnover1.57Current Ratio1.05
Inventory Day Sales0.00Net Rec/Curr Assets0.14
Net Sales/Work Cap23.05Inv/Curr Assets0.71
Net Sales/PP&E5.48  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 17.28 17.08 16.15 16.66
Cost of Goods Sold 15.12 14.17 13.45 18.91
Selling & Admin Exps 3.04 4.12 3.22 4.61
Operating Income -0.88 -1.20 -0.52 -6.87
Interest Exp 1.88 0.88 0.89 0.83
Pretax Income -2.85 -2.17 -1.15 -7.68
Other Income -0.09 -0.10 0.26 0.01
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -2.88 -1.97 -1.15 -11.89

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 0.41 0.43 1.04 1.30
Receivables - Total 10.04 9.91 7.49 8.05
Inventories - Total 39.24 39.59 38.13 39.85
Total Current Assets 50.26 50.40 47.55 56.22
Net Property, Plant & Equipment 10.77 11.11 11.58 12.22
Total Assets 76.27 75.87 73.63 82.80
Liabilities        
Accounts Payable 12.73 18.61 17.20 16.18
Debt in Current Liabilities 23.19 28.37 26.50 34.00
Total Current Liabilities 37.19 47.73 44.46 53.32
Long-Term Debt 5.27 2.33 2.64 2.97
Total Liabilities 45.84 51.68 48.72 57.91
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.01 0.01 0.01 0.01
Retained Earnings -36.99 -34.11 -32.14 -30.98
Treasury Stock NA NA NA NA
Total Stockholders' Equity 30.43 24.19 24.91 24.89
Total Liabilities and Stockholders' Equity 76.27 75.87 73.63 82.80

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities -4.36 -4.30 0.90 0.43
Net Cash Provided by Investing Activities -0.55 -0.45 3.93 -0.61
Net Cash Provided by Financing Activities 4.89 4.13 -5.09 0.19

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201264.222.550.54
12/201362.833.740.63
12/201464.330.670.10
12/201580.44-0.83-0.11
12/201666.92-15.62-2.06
Growth Rates1.03----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17141990.86




Report Date : 12/11/2017

Powered By Edgar Online © 2017EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.