Alabama Aircraft Industries, Inc

AAIIQ

AAIIQAlabama Aircraft Industries, Inc US flag

Other OTC

0.00

USD

- -

413.00Market Cap

Income Statement (USD)

API Chat

	1994 Y	1995 Y	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Sales/Revenue/Turnover	148	155	131	122	142	169	162	165	163	183	194	135	98	65	53
+ Sales & Services Revenue	148	155	131	122	142	169	162	165	163	183	194	135	98	65	53
- Cost of Revenue	126	132	116	119	116	137	131	129	127	148	170	124	86	61	46
+ Cost of Goods & Services	126	132	116	119	116	137	131	129	127	148	170	124	86	61	46
Gross Profit	23	22	15	4	25	33	31	37	36	35	24	11	12	4	8
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	16	20	18	17	16	25	20	149	23	26	25	20	14	10	8
+ Selling, General & Admin	14	19	17	14	16	19	20	20	22	26	25	18	14	10	8
+ Research & Development	1	1	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	1	- -	- -	2	- -	6	- -	129	1	- -	- -	2	- -	- -	- -
Operating Income (Loss)	7	3	-2	-14	9	8	11	-112	13	9	- -	-9	-2	-6	- -
- Non-Operating (Income) Loss	4	4	-1	11	1	4	3	-127	-1	-7	1	1	1	1	1
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	4	4	-1	11	1	4	3	-127	-1	-7	1	1	1	- -	- -
Pretax Income	3	-1	-2	-24	8	4	8	15	14	16	-2	-10	-3	-7	-1
- Income Tax Expense (Benefit)	-8	3	2	9	-2	-3	-2	- -	6	6	-1	-4	-1	6	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	11	-4	-4	-33	10	6	9	15	9	11	-1	-6	-2	-13	-1
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	2	- -	-2	-14	5
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2	- -	2	14	-5
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	4	-1	-5	-28	9
Income (Loss) Incl. MI	11	-4	-4	-33	10	6	10	15	9	10	-3	-6	1	1	-6
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	11	-4	-4	-33	10	6	10	15	9	10	-3	-6	1	1	-6
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	11	-4	-4	-33	10	6	10	15	9	10	-3	-6	1	1	-6
EBIT	7	3	-2	-14	9	8	11	-112	13	9	- -	-9	-2	-6	- -
EBITDA	10	5	- -	-16	12	10	7	-116	10	5	4	-5	2	-3	1
EBITDA Margin (%)	6.41	3.46	0.31	-13.2	8.27	6.04	4.44	-69.98	5.96	2.66	2.3	-3.52	1.74	-5.1	2.46
EBITA	7	3	-2	-14	9	8	11	-112	13	9	- -	-9	-2	-6	- -
Gross Margin (%)	15.25	14.36	11.6	2.99	17.94	19.35	19.04	22.08	22.11	19.27	12.52	8.08	12.29	5.86	14.37
Operating Margin (%)	4.59	1.67	-1.8	-11.16	6.58	4.49	6.5	-67.98	8	5.04	-0.21	-6.39	-2.1	-9.84	-0.88
Profit Margin (%)	7.56	-2.46	-3.03	-27.16	7.09	3.65	6.01	9.11	5.52	5.44	-1.54	-4.31	0.53	1.45	-10.82
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	3	3	3	-2	2	3	-3	-3	-3	-4	5	4	4	3	2
Basic Weighted Avg Shares	4	3	3	4	4	4	4	4	4	4	4	4	4	4	- -
Basic EPS, GAAP	2.89	-1.24	-1.27	-9.2	2.65	1.55	2.43	3.74	2.26	2.47	-0.73	-1.42	0.13	0.23	- -
Basic EPS from Cont Ops	2.89	-1.24	-1.27	-9.2	2.66	1.55	2.36	3.69	2.26	2.8	-0.22	-1.49	-0.42	-3.22	- -
Diluted Weighted Avg Shares	4	3	3	4	4	4	4	4	4	4	4	4	4	4	- -
Diluted EPS, GAAP	2.89	-1.24	-1.27	-9.2	2.53	1.52	2.29	3.55	2.03	2.28	-0.73	-1.42	0.12	0.23	- -
Diluted EPS from Cont Ops	2.89	-1.24	-1.27	-9.2	2.54	1.52	2.23	3.5	2.03	2.58	-0.22	-1.49	-0.41	-3.22	- -

Balance Sheet (USD)

API Chat

	1994 Y	1995 Y	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
Total Current Assets	52	52	39	29	34	42	39	49	64	70	68	49	48	29	23
+ Cash, Cash Equivalents & STI	- -	1	1	- -	- -	1	1	1	3	3	3	- -	- -	9	8
+ Cash & Cash Equivalents	- -	1	1	- -	- -	1	1	1	3	3	3	- -	- -	9	8
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	15	14	9	10	17	21	14	18	30	35	38	18	17	7	7
+ Accounts Receivable, Net	15	14	9	10	17	21	14	18	30	35	38	18	17	7	7
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	28	22	23	17	15	17	17	21	16	26	22	20	9	6	5
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	28	22	23	17	15	17	17	21	16	26	22	20	9	6	5
+ Other ST Assets	9	14	5	1	1	4	7	9	14	6	5	12	23	6	4
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	29	29	20	18	16	15	20	28	32	35	39	47	40	18	13
+ Property, Plant & Equip, Net	14	15	13	12	11	12	19	22	25	25	25	24	14	13	11
+ Property, Plant & Equip	25	28	29	30	30	32	42	48	55	60	63	59	41	39	40
- Accumulated Depreciation	11	13	16	18	19	21	23	26	30	35	38	35	27	27	28
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	15	14	7	5	5	3	1	6	7	10	13	22	26	5	2
+ Total Intangible Assets	5	4	4	1	- -	- -	1	7	6	5	4	9	- -	- -	- -
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	5	4	4	1	- -	- -	1	7	6	5	4	9	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	10	10	3	5	4	3	- -	-1	1	5	9	13	25	5	2
Total Assets	81	81	59	46	49	57	59	77	95	105	107	95	89	46	36
+ Payables & Accruals	22	29	27	32	29	35	2	2	2	9	14	33	13	8	7
+ Accounts Payable	21	28	27	32	10	4	2	2	2	9	14	12	7	3	3
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	2	1	1	- -	20	31	- -	- -	- -	- -	- -	21	6	5	4
+ ST Debt	14	1	2	25	1	15	14	14	1	1	7	25	29	- -	- -
+ ST Borrowings	14	1	2	25	1	15	14	14	1	1	7	25	29	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	1	- -	- -	- -	- -	- -	27	26	37	35	21	8	15	4	5
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	1	- -	- -	- -	- -	- -	27	26	37	35	21	8	15	4	5
Total Current Liabilities	38	31	30	56	31	50	43	41	40	44	43	66	57	12	12
+ LT Debt	15	26	11	- -	22	4	4	4	44	20	30	2	2	5	5
+ LT Borrowings	15	26	11	- -	22	4	4	4	44	20	30	2	2	5	5
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	16	11	5	6	3	3	3	14	- -	18	15	15	22	13	34
+ Accrued Liabilities	- -	- -	- -	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10	34
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	16	11	5	4	3	3	3	14	- -	18	15	15	22	3	1
Total Noncurrent Liabilities	31	37	16	6	25	7	7	18	44	38	46	17	24	18	39
Total Liabilities	68	67	46	63	56	57	50	59	84	82	89	84	81	30	51
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	1	5	- -	5	5	5	5	5	10	10	13	13	14	15	15
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	1	5	- -	5	5	5	5	5	10	10	13	13	14	15	15
- Treasury Stock	1	1	- -	- -	- -	- -	- -	- -	7	7	9	9	9	9	9
+ Retained Earnings	20	16	12	-21	-11	-5	5	20	29	38	35	29	29	30	25
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	-5	-20	-19	-20	-22	-28	-20	-46
Equity Before Minority Interest	13	14	13	-16	-6	- -	9	18	11	22	18	12	7	16	-15
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	13	14	13	-16	-6	- -	9	18	11	22	18	12	7	16	-15
Total Liabilities & Equity	81	81	59	46	49	57	59	77	94	105	107	95	89	46	36
Shares Outstanding	3	3	3	4	4	4	4	4	4	4	4	4	4	4	4
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	29	25	12	24	23	19	17	17	42	18	35	27	31	-4	-3
Net Debt to Equity	231.65	182.57	93.4	-149.69	-382.2	13,583.33	191.57	91.91	396.08	83	187.18	234.62	413.59	-23.23	17.38
Tangible Common Equity Ratio	9.85	12.45	16.92	-37.28	-13.32	-0.15	14.06	16.31	5.57	17.44	14.06	3.41	8.06	35.23	-41.63
Current Ratio	1.38	1.69	1.31	0.51	1.11	0.85	0.9	1.2	1.6	1.57	1.6	0.73	0.84	2.3	1.94
Cash Conversion Cycle	44.63	32.51	18.62	-3.59	20.39	67.17	78.26	83.71	103.32	104.7	94.59	97.2	77.57	80.67	69.95

Cash Flow Statement (USD)

API Chat

	1994 Y	1995 Y	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
+ Net Income	11	-4	-4	-33	10	6	9	15	9	10	-3	-6	1	1	-6
+ Depreciation & Amortization	3	3	3	-2	2	3	-3	-3	-3	-4	5	4	4	3	2
+ Non-Cash Items	-4	-2	5	26	-2	7	8	6	13	10	-2	-3	-8	-3	-3
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -
+ Deferred Income Taxes	-8	3	2	9	-3	-3	-2	- -	5	5	-1	-4	- -	14	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	4	-5	3	17	- -	10	10	6	7	5	-1	1	-9	-18	-3
+ Chg in Non-Cash Work Cap	2	10	13	- -	-12	-8	-1	-12	-5	-14	-12	16	1	3	6
+ (Inc) Dec in Accts Receiv	4	1	5	-2	-8	-5	7	-4	-12	-5	-3	16	-7	8	2
+ (Inc) Dec in Inventories	-2	4	-3	2	- -	-5	- -	-5	5	-11	- -	-3	6	-3	3
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	-1	- -	- -	1	- -
+ Inc (Dec) in Accts Payable	4	7	- -	- -	-3	1	-9	-7	-4	4	-1	-2	3	-4	-2
+ Inc (Dec) in Other	-3	-2	11	- -	-1	- -	1	3	6	-2	-7	5	- -	1	2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	12	7	16	-10	-2	8	13	6	13	2	-12	11	-3	4	-1
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	2	3	2	- -	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	2	3	2	- -	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-2	-3	-1	- -	-1	-3	-11	-6	-7	-5	-4	-4	-2	-1	- -
+ Acq of Fixed Prod Assets	-2	-3	-1	- -	-1	-3	-11	-6	-7	-5	-4	-4	-2	-1	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	-4	- -	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	3	- -	1	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	-7	- -	-1	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	5	- -	- -	- -	- -	- -	- -	- -	2	31	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2	-31	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-2	-3	-1	- -	-5	- -	- -	- -	- -	- -	- -	- -	2	31	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-2	-3	-1	- -	4	-3	-11	-6	-7	-5	-4	-4	- -	31	-1
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	-10	-3	-16	10	-1	-4	-3	- -	- -	3	16	-11	3	-26	- -
+ Cash From Debt	57	52	2	16	- -	- -	5	3	8	4	17	- -	5	- -	- -
+ Repayments of Debt	-67	-55	-17	-7	-1	-4	-8	-3	-8	-1	-1	-11	-2	-26	- -
+ Other Financing Activities	- -	- -	- -	- -	-1	- -	1	- -	- -	- -	1	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-10	-3	-16	10	-2	-4	-1	- -	-4	3	16	-11	3	-26	- -
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	- -	1	- -	-1	- -	- -	1	-1	2	- -	- -	-3	- -	9	-1
EBITDA	10	5	- -	-16	12	10	7	-116	10	5	4	-5	2	-3	1
EBITDA Margin (%)	6.41	3.46	0.31	-13.2	8.27	6.04	4.44	-69.98	5.96	2.66	2.3	-3.52	1.74	-5.1	2.46
Free Cash Flow	10	4	15	-10	-3	5	2	- -	6	-3	-16	7	-5	3	-1
Net Cash Paid for Acquisitions	- -	- -	- -	- -	-5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	6	-3	- -	- -	- -	- -	- -
Free Cash Flow to Equity	2	4	1	- -	1	- -	- -	-1	6	- -	- -	-3	-2	-23	-1
Free Cash Flow per Basic Share	2.46	1.27	4.83	-2.91	-0.74	1.15	0.56	-0.04	1.42	-0.75	-3.93	1.81	-1.14	0.72	- -
Price/Free Cash Flow	0.56	0.32	0.24	-0.21	-2.56	0.94	0.56	1.5	1.25	5.46	-3.68	1.17	-13.25	0.7	- -
Cash Flow to Net Income	1.04	-1.79	-4.13	0.3	-0.21	1.23	1.33	0.37	1.44	0.19	3.94	-1.97	-5.12	3.78	0.11
Capital Expenditures	-2	-3	-1	- -	-1	-3	-11	-6	-7	-5	-4	-4	-2	-1	- -