Friedman Industries Inc financial data

Symbol
FRD on NYSE
Location
1121 Judson Rd, Suite 124, Longview, TX
State of incorporation
TX
Fiscal year end
March 31
Latest financial report
10-Q - Q4 2024 - Feb 7, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 367 % +2.78%
Quick Ratio 266 % +16.6%
Debt-to-equity 69.9 % -8.54%
Return On Equity 4.44 % -71%
Return On Assets 2.61 % -69.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 6.97M shares -0.08%
Entity Public Float 92M USD +87.4%
Common Stock, Value, Issued 8.87M USD +0.05%
Weighted Average Number of Shares Outstanding, Basic 6.95M shares -4.1%
Weighted Average Number of Shares Outstanding, Diluted 7.18M shares -0.45%

Income Statement

Label TTM Value / Value Unit Change %
Costs and Expenses 444M USD -8.17%
Operating Income (Loss) 4.12M USD -83.4%
Nonoperating Income (Expense) 6K USD -70%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 7.99M USD -67.7%
Income Tax Expense (Benefit) 2.29M USD -61.8%
Net Income (Loss) Attributable to Parent 5.7M USD -69.5%
Earnings Per Share, Basic 0.81 USD/shares -67.7%
Earnings Per Share, Diluted 0.81 USD/shares -67.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.08M USD -73.2%
Accounts Receivable, after Allowance for Credit Loss, Current 31.7M USD -28.6%
Inventory, Net 115M USD +1.31%
Other Assets, Current 1.05M USD -87.7%
Assets, Current 149M USD -12.6%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 56.8M USD +0.53%
Operating Lease, Right-of-Use Asset 2.89M USD +143%
Other Assets, Noncurrent 1.29M USD
Assets 210M USD -8.17%
Employee-related Liabilities, Current 906K USD -74.3%
Liabilities, Current 42.3M USD -22.6%
Deferred Income Tax Liabilities, Net 5.23M USD +18.4%
Operating Lease, Liability, Noncurrent 2.79M USD
Other Liabilities, Noncurrent 1.13M USD -11.6%
Liabilities 82.9M USD -21.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) 96.2M USD +5%
Stockholders' Equity Attributable to Parent 127M USD +3.74%
Liabilities and Equity 210M USD -8.17%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -6.06M USD -32.2%
Net Cash Provided by (Used in) Financing Activities 5.37M USD -10.7%
Net Cash Provided by (Used in) Investing Activities -1.06M USD -134%
Common Stock, Shares Authorized 10M shares 0%
Common Stock, Shares, Issued 8.87M shares +0.05%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.75M USD -280%
Operating Lease, Liability 2.95M USD
Payments to Acquire Property, Plant, and Equipment 1.05M USD +134%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 5.7M USD -70.9%
Lessee, Operating Lease, Liability, to be Paid 6.19M USD +312%
Operating Lease, Liability, Current 157K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 371K USD +395%
Lessee, Operating Lease, Liability, to be Paid, Year One 363K USD +354%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +192%
Deferred Income Tax Expense (Benefit) 810K USD -75.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.24M USD +953%
Lessee, Operating Lease, Liability, to be Paid, Year Three 324K USD +332%
Current Income Tax Expense (Benefit) 1.48M USD -44.4%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.04M USD +308%
Depreciation, Depletion and Amortization 795K USD +3.11%
Deferred Tax Assets, Net of Valuation Allowance 1.19M USD -16.4%
Interest Expense 3.12M USD -37.5%