Friedman Industries Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	3.01	3.69	2.89	2.99	2.6	8.19
Cash & Short-Term Investments	3.01	3.69	2.89	2.99	2.6	8.19
Cash Growth	179.53%	27.50%	-3.38%	15.17%	-68.28%	-51.98%
Receivables	55.8	47.48	47.33	49.37	35.67	20.38
Inventory	169.17	113.69	115.8	86.25	67.95	36.02
Restricted Cash	0.5	0.5	3	2.4	13.5	12
Other Current Assets	3	1.12	1.04	2.65	5.65	0.95
Total Current Assets	231.48	166.47	170.06	143.66	125.36	77.53
Property, Plant & Equipment	78.73	59.09	59.6	55.2	30.22	15.47
Long-Term Deferred Tax Assets	-	-	-	-	2.13	1.86
Other Long-Term Assets	1.65	1.26	0.36	0.45	1.56	0.14
Total Assets	311.86	226.82	230.02	199.31	159.28	95.01
Accounts Payable	59.12	35.14	43.79	36.75	44.75	15.18
Accrued Expenses	3.98	1.81	5.99	5	1.34	2.69
Current Portion of Long-Term Debt	-	-	-	-	-	1.52
Current Portion of Leases	0.75	0.16	0.16	0.21	0.16	0.11
Current Income Taxes Payable	-	0.65	2.21	0.77	-	1.46
Other Current Liabilities	0.57	0.57	1.97	2.36	14.57	8.12
Total Current Liabilities	64.41	38.32	54.11	45.09	60.81	29.07
Long-Term Debt	92.09	47.73	40.29	33.12	18.44	0.17
Long-Term Leases	4.28	2.75	2.78	1.22	0.22	0.27
Pension & Post-Retirement Benefits	0.12	0.12	0.11	0.1	0.12	0.11
Long-Term Deferred Tax Liabilities	5.41	5.48	5.26	4.36	-	-
Other Long-Term Liabilities	3.33	-	-	-	-	0.05
Total Liabilities	169.65	94.4	102.54	83.88	79.59	29.67
Common Stock	9.02	8.88	8.87	8.87	8.35	8.33
Additional Paid-In Capital	35.59	35.39	35.25	35.01	30.44	30
Retained Earnings	110.71	101.25	96.28	79.65	58.91	45.39
Treasury Stock	-13.11	-13.1	-12.93	-7.78	-7.74	-7.2
Comprehensive Income & Other	-	-	-	-0.32	-10.27	-11.19
Shareholders' Equity	142.21	132.43	127.48	115.43	79.69	65.34
Total Liabilities & Equity	311.86	226.82	230.02	199.31	159.28	95.01
Total Debt	97.13	50.64	43.23	34.55	18.82	2.06
Net Cash (Debt)	-94.13	-46.95	-40.34	-31.56	-16.22	6.13
Net Cash Growth	-	-	-	-	-	-62.95%
Net Cash Per Share	-13.52	-6.76	-5.62	-4.37	-2.45	0.91
Filing Date Shares Outstanding	7.11	7.06	6.97	7.38	7.37	6.9
Total Common Shares Outstanding	7.11	6.97	6.98	7.38	6.86	6.9
Working Capital	167.06	128.14	115.96	98.57	64.55	48.46
Book Value Per Share	20.00	19.00	18.27	15.65	11.62	9.47
Tangible Book Value	142.21	132.43	127.48	115.43	79.69	65.34
Tangible Book Value Per Share	20.00	19.00	18.27	15.65	11.62	9.47
Land	11.64	1.57	1.67	1.67	1.18	1.18
Buildings	33.34	30.39	30.9	28.55	8.58	9.2
Machinery	62	57.97	53.61	51	30.42	35.25
Construction In Progress	2.99	0.14	1.98	1.17	15.93	0.01

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q