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
03/2018-1.21NAN/E
12/2017-1.20NAN/E
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

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.32Total Liab/Total Assets0.71
Net Inc/Total Assets-0.37Total Liab/Inv Cap-101.15
Net Inc/Inv Cap53.06Total Liab/Comm Equity0.60
Pretax Inc/Net Sales-0.32Interest Coverage Ratio-3.76
Net Inc/Net Sales-0.45Curr Debt/Equity1.30
Cash Flow/Net Sales-0.08LTD/Equity0.10
SG&A/NetSales0.23Total Debt/Equity1.40
Asset Utilization   Liquidity  
Net Receivables Turnover8.65Quick Ratio0.43
Inventory Turnover1.41Current Ratio1.25
Inventory Day Sales0.00Net Rec/Curr Assets0.11
Net Sales/Work Cap5.23Inv/Curr Assets0.65
Net Sales/PP&E4.96  

Income Statement (Millions)

  3/31/2018 9/30/2017 6/30/2017 3/31/2017
Total Revenues(Net Sales) 12.24 17.28 20.56 12.67
Cost of Goods Sold 10.24 15.12 17.65 9.96
Selling & Admin Exps 2.62 3.04 4.80 2.54
Operating Income -0.61 -0.88 -1.89 0.17
Interest Exp 0.78 1.88 0.88 0.89
Pretax Income -1.37 -2.85 -2.87 -0.45
Other Income 0.02 -0.09 -0.11 0.27
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -1.47 -2.88 -1.97 -1.15

Balance Sheet (Millions)

Assets 3/31/2018 9/30/2017 6/30/2017 3/31/2017
Cash & Short Term Investments 1.42 0.41 0.43 1.04
Receivables - Total 6.75 10.04 9.91 7.49
Inventories - Total 30.89 39.24 39.59 38.13
Total Current Assets 49.86 50.26 50.40 47.55
Net Property, Plant & Equipment 9.53 10.77 11.11 11.58
Total Assets 62.61 76.27 75.87 73.63
Liabilities        
Accounts Payable 12.31 12.73 18.61 17.20
Debt in Current Liabilities 24.34 23.19 28.37 26.50
Total Current Liabilities 40.42 37.19 47.73 44.46
Long-Term Debt 1.53 5.27 2.33 2.64
Total Liabilities 45.05 45.84 51.68 48.72
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.03 0.01 0.01 0.01
Retained Earnings -55.00 -36.99 -34.11 -32.14
Treasury Stock NA NA NA NA
Total Stockholders' Equity 17.56 30.43 24.19 24.91
Total Liabilities and Stockholders' Equity 62.61 76.27 75.87 73.63

Cash Flow Summary (Millions)

Categories 3/31/2018 9/30/2017 6/30/2017 3/31/2017
Net Cash Provided by Operating Activities -1.78 -4.36 -4.30 0.90
Net Cash Provided by Investing Activities -0.31 -0.55 -0.45 3.93
Net Cash Provided by Financing Activities 2.88 4.89 4.13 -5.09

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201362.833.740.63
12/201464.330.670.10
12/201580.44-0.83-0.11
12/201651.32-15.62-2.06
12/201749.87-22.55-1.20
Growth Rates-5.61----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18161,4325.47




Report Date : 7/16/2018

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