Friedman Industries Inc financial data

Symbol
FRD on NYSE
Industry
Steel Works, Blast Furnaces & Rolling & Finishing Mills
Location
1121 Judson Rd, Suite 124, Longview, TX
State of incorporation
TX
Fiscal year end
March 31
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 354 % -0.68%
Quick Ratio 247 % +9.05%
Debt-to-equity 75.2 % -1.66%
Return On Equity 6.32 % -60.4%
Return On Assets 3.61 % -60%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 6.97M shares -5.54%
Entity Public Float 92M USD +87.4%
Common Stock, Value, Issued 8.87M USD +0.05%
Weighted Average Number of Shares Outstanding, Basic 6.94M shares -4.8%
Weighted Average Number of Shares Outstanding, Diluted 7.18M shares -0.45%

Income Statement

Label TTM Value / Value Unit Change %
Costs and Expenses 458M USD -5.37%
Operating Income (Loss) 11.5M USD -42.9%
Nonoperating Income (Expense) 4K USD -82.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 10.8M USD -57.2%
Income Tax Expense (Benefit) 2.76M USD -56.5%
Net Income (Loss) Attributable to Parent 8.03M USD -57.5%
Earnings Per Share, Basic 1.14 USD/shares -55.1%
Earnings Per Share, Diluted 1.14 USD/shares -55.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.47M USD -21.5%
Accounts Receivable, after Allowance for Credit Loss, Current 39.6M USD -24.3%
Inventory, Net 105M USD +0.53%
Other Assets, Current 882K USD -80.4%
Assets, Current 148M USD -10.4%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 56.9M USD +2.77%
Operating Lease, Right-of-Use Asset 2.95M USD +142%
Assets 209M USD -5.84%
Employee-related Liabilities, Current 1.25M USD -62.4%
Liabilities, Current 36.4M USD +3.04%
Deferred Income Tax Liabilities, Net 5.24M USD +18.4%
Operating Lease, Liability, Noncurrent 2.83M USD
Other Liabilities, Noncurrent 1.13M USD -11.6%
Liabilities 80.4M USD -15.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) 97.6M USD +7.79%
Stockholders' Equity Attributable to Parent 129M USD +1.54%
Liabilities and Equity 209M USD -5.84%

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%
Interest Paid, Excluding Capitalized Interest, Operating Activities 429K USD +1765%
Operating Lease, Liability 2.98M USD
Depreciation 531K USD +57.4%
Payments to Acquire Property, Plant, and Equipment 1.05M USD +134%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 8.03M USD -60.6%
Lessee, Operating Lease, Liability, to be Paid 6.28M USD +309%
Operating Lease, Liability, Current 153K 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 +185%
Deferred Income Tax Expense (Benefit) 809K USD -75.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.3M USD +947%
Lessee, Operating Lease, Liability, to be Paid, Year Three 324K USD +332%
Current Income Tax Expense (Benefit) 1.95M USD -35.5%
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 3.28M USD -12.7%