Friedman Industries Inc financial data

Symbol
FRD on NYSE
Industry
Steel Works, Blast Furnaces & Rolling & Finishing Mills
Location
1121 Judson Rd, Suite 124, Longview, Texas
State of incorporation
Texas
Fiscal year end
March 31

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 357 % +29.4%
Quick Ratio 228 % +39.5%
Debt-to-equity 76.5 % -30.8%
Return On Equity 15.3 % +101%
Return On Assets 8.68 % +140%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 6.98M shares -5.32%
Entity Public Float 49.1M USD -35.5%
Common Stock, Value, Issued 8.87M USD +0%
Weighted Average Number of Shares Outstanding, Basic 6.62M shares -5.75%
Weighted Average Number of Shares Outstanding, Diluted 7.25M shares -0.41%

Income Statement

Label TTM Value / Value Unit Change %
Costs and Expenses 483M USD -1.11%
Operating Income (Loss) 24.8M USD +157%
Nonoperating Income (Expense) 20K USD -99.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 24.7M USD +143%
Income Tax Expense (Benefit) 5.99M USD +130%
Net Income (Loss) Attributable to Parent 18.7M USD +147%
Earnings Per Share, Basic 2.51 USD/shares +146%
Earnings Per Share, Diluted 2.51 USD/shares +146%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.01M USD +13.1%
Accounts Receivable, after Allowance for Credit Loss, Current 44.4M USD +3.13%
Inventory, Net 114M USD +16.4%
Other Assets, Current 8.54M USD +176%
Assets, Current 171M USD +15.2%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 56.5M USD +5.04%
Operating Lease, Right-of-Use Asset 1.19M USD -6.94%
Assets 229M USD +12.3%
Employee-related Liabilities, Current 3.53M USD +56.2%
Liabilities, Current 54.6M USD +12.5%
Deferred Income Tax Liabilities, Net 4.42M USD +438%
Other Liabilities, Noncurrent 1.13M USD -11.6%
Liabilities 106M USD +11.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) 91.6M USD +24.7%
Stockholders' Equity Attributable to Parent 123M USD +13%
Liabilities and Equity 229M USD +12.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -4.58M USD +78.5%
Net Cash Provided by (Used in) Financing Activities 6.01M USD -92.8%
Net Cash Provided by (Used in) Investing Activities -452K USD +99.4%
Common Stock, Shares Authorized 10M shares 0%
Common Stock, Shares, Issued 8.87M shares 0%
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 972K USD
Interest Paid, Excluding Capitalized Interest, Operating Activities 429K USD +1765%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Depreciation 2.53M USD +91.4%
Payments to Acquire Property, Plant, and Equipment 450K USD -84%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 19.5M USD +43.9%
Lessee, Operating Lease, Liability, to be Paid 1.5M USD -8.19%
Lessee, Operating Lease, Liability, to be Paid, Year Two 75K USD -6.49%
Lessee, Operating Lease, Liability, to be Paid, Year One 80K USD -40.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) 3.33M USD +52.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 308K USD -9.58%
Lessee, Operating Lease, Liability, to be Paid, Year Three 75K USD -0.43%
Deferred Federal Income Tax Expense (Benefit) 3.43M USD
Current Income Tax Expense (Benefit) 2.66M USD -7.41%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.24M USD -5.71%
Current State and Local Tax Expense (Benefit) 1.38M USD +46.5%
Current Federal Tax Expense (Benefit) 2.14M USD -45%
Depreciation, Depletion and Amortization 771K USD +45.2%
Deferred Tax Assets, Net of Valuation Allowance 1.43M USD -63.6%
Deferred State and Local Income Tax Expense (Benefit) -99K USD -19.3%
Interest Expense 1.8M USD -76.3%