Air Industries Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Air Industries Group's balance sheet done over the years? Its assets were worth $50,715,000 last year, which is less than in the previous period. 70% of Air Industries Group’s total assets is currently financed by debt. Its liabilities reached the amount of $35,525,000, which means an decrease by -4% compared compared to last year.
Debt to Assets
| 2014 | 65920000 | 37.64M | 57.11% |
|---|---|---|---|
| 2015 | 88250000 | 59.44M | 67.36% |
| 2016 | 82800000 | 57.91M | 69.94% |
| 2017 | 60755000 | 42.98M | 70.76% |
| 2018 | 47756000 | 36.15M | 75.7% |
| 2019 | 51090000 | 40.88M | 80.02% |
| 2020 | 57777000 | 42.66M | 73.85% |
| 2021 | 53425000 | 36.03M | 67.45% |
| 2022 | 53814000 | 36.97M | 68.71% |
| 2023 | 50715000 | 35.52M | 70.05% |
AIRI Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 346K | 281K | 627K | 2.50M | 1.29M | 2.01M | 630K | 1.30M | 529K | 1.41M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 8.18M | 9.77M | 10.47M | 8.79M | 7.85M | 6.52M | 5.46M | 8.05M | 13.66M | 11.91M |
Inventory | 29.85M | 31.82M | 29.53M | 32.12M | 28.64M | 29.05M | 31.14M | 39.85M | 36.92M | 28.39M |
Other current assets | 334K | 631M | 248K | 188K | 447K | 463K | 10.34M | 6.05M | 5.00M | 2.25M |
Total current assets | 38.71M | 42.21M | 40.88M | 43.61M | 38.24M | 38.04M | 47.58M | 56.22M | 56.12M | 44.02M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 10.88M | 11.06M | 11.42M | 13.09M | 11.20M | 8.77M | 10.05M | 12.21M | 15.29M | 9.55M |
Goodwill | 0 | 0 | 163K | 163K | 163K | 163K | 272K | 9.88M | 10.51M | 5.43M |
Intangible assets | 0 | 0 | 163K | 163K | 163K | 163K | 2.46M | 1.75M | 3.85M | 4.51M |
Long term investments | 0 | 0 | 0 | 0 | 0 | -1.37M | -1.61M | -2.90M | 1.09M | 825K |
Other non-current assets | 1.11M | 532K | 960K | 912K | 1.48M | 768K | 2.85M | -178K | 1.02M | 712K |
Total non-current assets | 11.99M | 11.59M | 12.54M | 14.16M | 12.84M | 9.70M | 13.17M | 26.57M | 32.12M | 21.89M |
Total assets | 50.71M | 53.81M | 53.42M | 57.77M | 51.09M | 47.75M | 60.75M | 82.8M | 88.25M | 65.92M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 3.59M | 819K | 1.50M | 955K | 1.04M | 919K | 969K | 984K | 996K | 196K |
Short term debt | 16.91M | 15.25M | 14.79M | 17.17M | 23.24M | 19.34M | 23.39M | 33.99M | 40.89M | 19.50M |
Total current liabilities | 26.60M | 23.61M | 23.40M | 27.32M | 32.62M | 29.00M | 38.04M | 53.31M | 53.95M | 27.84M |
| Non-current liabilities: | ||||||||||
Long term debt | 8.85M | 13.25M | 12.49M | 14.72M | 7.64M | 5.72M | 3.44M | 2.97M | 3.91M | 8.21M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 4.73B | -314M | 122K | 402K | -214K | 1.19M | -44.23M | 1.20M | 1.59M |
Total non-current liabilities | 8.92M | 13.35M | 12.63M | 15.34M | 8.26M | 7.14M | 4.94M | 4.59M | 5.48M | 9.80M |
Total liabilities | 35.52M | 36.97M | 36.03M | 42.66M | 40.88M | 36.15M | 42.98M | 57.91M | 59.44M | 37.64M |
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