Air Industries Group
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Air Industries Group generated cash of $4,862,000, which is more than the previous year. Cash used in financing activities reached the amount of -$2,685,000 last year. Net change in cash is therefore $65,000.
Cash Flow
| 2014 | -2.79M | -9.66M | 13.31M |
|---|---|---|---|
| 2015 | -894K | -8.56M | 8.56M |
| 2016 | -692K | -924K | 2.39M |
| 2017 | -3.98M | 1.76M | 1.55M |
| 2018 | -2.33M | 3.68M | 33K |
| 2019 | -888K | -764K | 934K |
| 2020 | -1.52M | -3.79M | 6.53M |
| 2021 | 4.06M | -1.36M | -4.57M |
| 2022 | 448K | -2.36M | 1.56M |
| 2023 | 4.86M | -2.11M | -2.68M |
AIRI Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 281K | 627K | 2.50M | 1.29M | 2.01M | 630K | 1.30M | 529K | 1.41M | 561K |
Operating activities | ||||||||||
Net income | -2.13M | -1.07M | 1.62M | 1.09M | -2.73M | -10.99M | -22.55M | -15.62M | -832K | 667K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 2.99M | 3.06M | 3.29M | 3.05M | 3.47M | 2.87M | 3.39M | 4.62M | 4.35M | 3.52M |
Stock-based compensation expense | 483K | 526K | 443K | 211K | 378K | 0 | 564K | 167K | 100K | 42K |
| Deferred income tax benefit | 483K | 526K | 443K | 211K | 378K | 0 | 564K | 167K | 100K | 42K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 1.52M | 1.30M | -1.58M | -1.04M | -1.64M | -561K | 1.00M | 4.61M | 91K | -2.41M |
Inventories | 1.97M | -2.28M | 2.58M | -3.47M | 405K | 1.39M | 905K | -2.90M | -8.41M | -1.80M |
Accounts payable | 0 | 1.13M | -1.59M | 275K | -970K | -2.2M | -3.52M | 4.98M | 2.78M | -2.24M |
Cash generated by operating activities | 4.86M | 448K | 4.06M | -1.52M | -888K | -2.33M | -3.98M | -692K | -894K | -2.79M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -2.11M | -2.36M | -1.36M | -3.79M | -764K | -1.78M | -2.49M | -2.59M | -2.22M | -906K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 5.47M | 4.26M | 1.67M | -6.34M | -8.75M |
Cash generated by investing activities | -2.11M | -2.36M | -1.36M | -3.79M | -764K | 3.68M | 1.76M | -924K | -8.56M | -9.66M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 984K | -113K | 2.88M | 7.73M | 4.58M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.46M | -3.74M |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -2.66M | 1.58M | -4.57M | -2.08M | 250K | -5.6M | -6.13M | -9.62M | 13.49M | -1.74M |
Cash used in financing activities | -2.68M | 1.56M | -4.57M | 6.53M | 934K | 33K | 1.55M | 2.39M | 8.56M | 13.31M |
Net Change In Cash | 65K | -346K | -1.87M | 1.21M | -718K | 1.38M | -674K | 775K | -889K | 857K |
Cash at end of period | 346K | 281K | 627K | 2.50M | 1.29M | 2.01M | 630K | 1.30M | 529K | 1.41M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |