Friedman Industries, Incorporated (FRD)

Friedman Industries Balance Sheet

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

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

Updated Jun 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q