Air Total Liab vs Short Long Term Debt Total Analysis
AIRI Stock | USD 4.55 0.20 4.60% |
Air Industries financial indicator trend analysis is way more than just evaluating Air Industries Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Air Industries Group is a good investment. Please check the relationship between Air Industries Total Liab and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Industries Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Total Liab vs Short Long Term Debt Total
Total Liab vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air Industries Group Total Liab account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Air Industries' Total Liab and Short Long Term Debt Total is 0.98. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Air Industries Group, assuming nothing else is changed. The correlation between historical values of Air Industries' Total Liab and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Air Industries Group are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Liab i.e., Air Industries' Total Liab and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Short Long Term Debt Total
Most indicators from Air Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Air Industries Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Industries Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of now, Air Industries' Enterprise Value Multiple is decreasing as compared to previous years. The Air Industries' current Enterprise Value is estimated to increase to about 38 M, while Discontinued Operations is projected to decrease to (277.7 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.3M | 7.5M | 7.4M | 8.4M | Total Revenue | 58.9M | 53.2M | 51.5M | 43.7M |
Air Industries fundamental ratios Correlations
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Air Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Air Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 51.1M | 57.8M | 53.4M | 53.8M | 50.7M | 42.8M | |
Short Long Term Debt Total | 30.9M | 31.9M | 27.3M | 28.5M | 25.8M | 20.8M | |
Other Current Liab | 1.8M | 2.0M | 1.6M | 1.5M | 887K | 842.7K | |
Total Current Liabilities | 32.6M | 27.3M | 23.4M | 23.6M | 26.6M | 23.7M | |
Total Stockholder Equity | 10.2M | 15.1M | 17.4M | 16.8M | 15.2M | 12.4M | |
Property Plant And Equipment Net | 11.2M | 13.1M | 11.4M | 11.1M | 10.9M | 7.1M | |
Net Debt | 29.6M | 29.4M | 26.7M | 28.2M | 25.4M | 20.1M | |
Retained Earnings | (67.3M) | (66.2M) | (64.5M) | (65.6M) | (67.7M) | (64.4M) | |
Accounts Payable | 6.6M | 7.2M | 5.5M | 6.4M | 5.5M | 6.0M | |
Cash | 1.3M | 2.5M | 627K | 281K | 346K | 328.7K | |
Non Current Assets Total | 12.8M | 14.2M | 12.5M | 11.6M | 12.0M | 11.7M | |
Non Currrent Assets Other | 1.5M | 912K | 960K | 532K | 1.1M | 1.2M | |
Cash And Short Term Investments | 1.3M | 2.5M | 627K | 281K | 346K | 328.7K | |
Net Receivables | 7.9M | 8.8M | 10.5M | 9.8M | 8.2M | 6.5M | |
Common Stock Total Equity | 25K | 28K | 29K | 32K | 36.8K | 21.3K | |
Common Stock Shares Outstanding | 2.9M | 3.7M | 3.6M | 3.2M | 3.3M | 3.4M | |
Liabilities And Stockholders Equity | 51.1M | 57.8M | 53.4M | 53.8M | 50.7M | 42.8M | |
Non Current Liabilities Total | 8.3M | 15.3M | 12.6M | 13.4M | 8.9M | 7.0M | |
Inventory | 28.6M | 32.1M | 29.5M | 31.8M | 29.9M | 22.4M | |
Other Current Assets | 447K | 188K | 248K | 335K | 334K | 317.3K | |
Other Stockholder Equity | 77.4M | 81.2M | 81.9M | 82.4M | 82.9M | 44.7M | |
Total Liab | 40.9M | 42.7M | 36.0M | 37.0M | 35.5M | 30.7M | |
Property Plant And Equipment Gross | 11.2M | 13.1M | 42.3M | 44.3M | 46.4M | 48.7M | |
Total Current Assets | 38.2M | 43.6M | 40.9M | 42.2M | 38.7M | 31.1M | |
Short Term Debt | 23.2M | 17.2M | 14.8M | 15.3M | 16.9M | 15.0M | |
Common Stock | 28K | 29K | 32K | 3K | 3.5K | 3.3K | |
Current Deferred Revenue | 1.0M | 955K | 1.5M | 819K | 3.6M | 3.8M | |
Other Liab | 1.4M | 621K | 616K | 143K | 128.7K | 122.3K | |
Other Assets | 768K | 1.5M | 4.4M | 960K | 1.1M | 1.0M | |
Long Term Debt | 3.4M | 10.8M | 9.3M | 10.8M | 7.3M | 6.6M | |
Property Plant Equipment | 8.8M | 11.2M | 13.1M | 11.4M | 13.1M | 10.8M | |
Net Tangible Assets | 11.4M | 10.0M | 14.9M | 17.2M | 15.5M | 11.4M | |
Retained Earnings Total Equity | (53.5M) | (64.5M) | (67.3M) | (66.2M) | (59.5M) | (62.5M) | |
Long Term Debt Total | 1.8M | 3.4M | 3.4M | 4.8M | 4.3M | 3.1M | |
Capital Surpluse | 71.3M | 76.1M | 77.4M | 81.2M | 93.4M | 66.8M | |
Deferred Long Term Liab | 1.4M | 219K | 912K | 960K | 864K | 1.1M | |
Short Long Term Debt | 22.5M | 16.5M | 14.1M | 14.5M | 16.0M | 17.3M |
Currently Active Assets on Macroaxis
When determining whether Air Industries Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Air Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Air Industries Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Air Industries Group Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Industries Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Industries. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.18) | Revenue Per Share 16.148 | Quarterly Revenue Growth 0.028 | Return On Assets 0.0034 | Return On Equity (0.1) |
The market value of Air Industries Group is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Industries' value that differs from its market value or its book value, called intrinsic value, which is Air Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Industries' market value can be influenced by many factors that don't directly affect Air Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.