Friedman Industries, Incorporated (FRD)

Friedman Industries Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	4.59	3.69	2.89	2.99	2.6	8.19
Cash & Short-Term Investments	4.59	3.69	2.89	2.99	2.6	8.19
Cash Growth	85.44%	27.50%	-3.38%	15.17%	-68.28%	-51.98%
Receivables	62.26	47.48	47.33	49.37	35.67	20.38
Inventory	161.57	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	2.42	1.12	1.04	2.65	5.65	0.95
Total Current Assets	231.33	166.47	170.06	143.66	125.36	77.53
Property, Plant & Equipment	78.29	59.09	59.6	55.2	30.22	15.47
Long-Term Deferred Tax Assets	-	-	-	-	2.13	1.86
Other Long-Term Assets	1.68	1.26	0.36	0.45	1.56	0.14
Total Assets	311.29	226.82	230.02	199.31	159.28	95.01
Accounts Payable	67.09	35.14	43.79	36.75	44.75	15.18
Accrued Expenses	2.97	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	0.14	0.65	2.21	0.77	-	1.46
Other Current Liabilities	0.42	0.57	1.97	2.36	14.57	8.12
Total Current Liabilities	71.38	38.32	54.11	45.09	60.81	29.07
Long-Term Debt	87.03	47.73	40.29	33.12	18.44	0.17
Long-Term Leases	4.47	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	5.45	5.48	5.26	4.36	-	-
Other Long-Term Liabilities	3.58	-	-	-	-	0.05
Total Liabilities	172.02	94.4	102.54	83.88	79.59	29.67
Common Stock	8.97	8.88	8.87	8.87	8.35	8.33
Additional Paid-In Capital	35.46	35.39	35.25	35.01	30.44	30
Retained Earnings	107.95	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	139.27	132.43	127.48	115.43	79.69	65.34
Total Liabilities & Equity	311.29	226.82	230.02	199.31	159.28	95.01
Total Debt	92.25	50.64	43.23	34.55	18.82	2.06
Net Cash (Debt)	-87.66	-46.95	-40.34	-31.56	-16.22	6.13
Net Cash Growth	-	-	-	-	-	-62.95%
Net Cash Per Share	-12.60	-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	7.06	6.97	6.98	7.38	6.86	6.9
Working Capital	159.95	128.14	115.96	98.57	64.55	48.46
Book Value Per Share	19.73	19.00	18.27	15.65	11.62	9.47
Tangible Book Value	139.27	132.43	127.48	115.43	79.69	65.34
Tangible Book Value Per Share	19.73	19.00	18.27	15.65	11.62	9.47
Land	11.64	1.57	1.67	1.67	1.18	1.18
Buildings	33.25	30.39	30.9	28.55	8.58	9.2
Machinery	61.49	57.97	53.61	51	30.42	35.25
Construction In Progress	2.35	0.14	1.98	1.17	15.93	0.01

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q