Friedman Industries, Incorporated (FRD)

Friedman Industries Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	1.08	2.89	2.99	2.6	8.19	17.06
Cash & Short-Term Investments	1.08	2.89	2.99	2.6	8.19	17.06
Cash Growth	-73.19%	-3.38%	15.17%	-68.28%	-51.98%	46.20%
Receivables	31.73	47.33	49.37	35.67	20.38	11.71
Inventory	115.39	115.8	86.25	67.95	36.02	35.67
Restricted Cash	0.1	3	2.4	13.5	12	-
Other Current Assets	0.99	1.04	2.65	5.65	0.95	0.78
Total Current Assets	149.29	170.06	143.66	125.36	77.53	65.21
Property, Plant & Equipment	59.68	59.6	55.2	30.22	15.47	11.55
Long-Term Deferred Tax Assets	-	-	-	2.13	1.86	-
Other Long-Term Assets	1.29	0.36	0.45	1.56	0.14	0.58
Total Assets	210.25	230.02	199.31	159.28	95.01	77.34
Accounts Payable	40.92	43.75	36.75	44.75	15.18	8.9
Accrued Expenses	0.91	5.99	5	1.34	2.69	0.46
Current Portion of Long-Term Debt	-	-	-	-	1.52	-
Current Portion of Leases	0.16	0.16	0.21	0.16	0.11	0.15
Current Income Taxes Payable	-	2.21	0.77	-	1.46	-
Other Current Liabilities	0.29	2	2.36	14.57	8.12	0.14
Total Current Liabilities	42.28	54.11	45.09	60.81	29.07	9.65
Long-Term Debt	32.51	40.29	33.12	18.44	0.17	-
Long-Term Leases	2.79	2.78	1.22	0.22	0.27	0.37
Long-Term Deferred Tax Liabilities	5.23	5.26	4.36	-	-	0.36
Other Long-Term Liabilities	-	-	-	-	0.05	-
Total Liabilities	82.92	102.54	83.88	79.59	29.67	10.48
Common Stock	8.87	8.87	8.87	8.35	8.33	8.3
Additional Paid-In Capital	35.37	35.25	35.01	30.44	30	29.57
Retained Earnings	96.19	96.28	79.65	58.91	45.39	34.53
Treasury Stock	-13.1	-12.93	-7.78	-7.74	-7.2	-5.53
Comprehensive Income & Other	-	-	-0.32	-10.27	-11.19	-
Shareholders' Equity	127.33	127.48	115.43	79.69	65.34	66.87
Total Liabilities & Equity	210.25	230.02	199.31	159.28	95.01	77.34
Total Debt	35.46	43.23	34.55	18.82	2.06	0.52
Net Cash (Debt)	-34.38	-40.34	-31.56	-16.22	6.13	16.54
Net Cash Growth	-	-	-	-	-62.95%	41.74%
Net Cash Per Share	-4.96	-5.62	-4.37	-2.45	0.91	2.36
Filing Date Shares Outstanding	6.97	6.97	7.38	7.37	6.9	7.08
Total Common Shares Outstanding	6.97	6.98	7.38	6.86	6.9	7.07
Working Capital	107.01	115.96	98.57	64.55	48.46	55.57
Book Value Per Share	18.28	18.27	15.65	11.62	9.47	9.46
Tangible Book Value	127.33	127.48	115.43	79.69	65.34	66.87
Tangible Book Value Per Share	18.28	18.27	15.65	11.62	9.47	9.46
Land	1.67	1.67	1.67	1.18	1.18	1.18
Buildings	30.91	30.9	28.55	8.58	9.2	9.01
Machinery	56.59	53.61	51	30.42	35.25	29.34
Construction In Progress	0.67	1.98	1.17	15.93	0.01	3.8

Source: S&P Capital IQ. Standard template. Financial Sources.