Friedman Industries Balance Sheet - Annual (NYSEMKT:FRD)

Add to My Stocks
$6.47 $0.29 (4.69%) FRD stock closing price Jun 15, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Friedman Industries stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Friedman Industries stock analysis, and provides insights into the firm's financial performance. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. Friedman Industries had a long term debt of $- at the end of 2017. To understand the debt servicing capacity of the company, one needs to look at Friedman Industries operating cash flow and Friedman Industries revenue also. Friedman Industries debt to equity ratio is 0.06.

View latest 10 year balance sheet data to check Friedman Industries financial performance.
show more
Quarterly
Annual
View Previous Years
View Next Years
Fiscal year is Apr - Mar201720162015201420132012201120102009
Cash1.46M2.79M2.22M15.08M15.92M11.88M7.21M19.81M16.88M
Marketable Securities---------
Receivables8.93M4.82M6.89M9.34M9.03M16.28M12.59M8.68M4.99M
Inventory34.91M41.93M40.85M35.28M39.21M36.75M34.67M20.12M19.4M
Raw Materials9.96M15.73M10.3M8.14M14.29M15.42M13.32M8.34M8.28M
Work In Progress---------
Finished Goods24.95M26.2M30.54M27.14M24.92M21.33M21.35M11.77M11.11M
Notes Receivable---------
Other Current Assets--------1.39M
Total Current Assets
45.43M49.7M50.11M59.84M64.28M65M54.56M48.7M42.67M
Property Plant & Equipment49.09M48.29M46.17M40.29M38.39M37.93M37.97M37.45M37.16M
Accumulated Depreciation33.92M32.32M30.65M28.93M27.11M25.32M23.84M21.96M20.15M
Net Property Plant & Equipment
15.17M15.96M15.51M11.36M11.27M12.61M14.13M15.49M17.01M
Investment & Advances---------
Other Non-Current Assets---------
Deferred Charges1.16M--------
Intangibles---------
Deposits & Other Assets1.49M-1.13M1.07M1.01M----
Total Assets
63.26M66.89M66.95M72.28M76.57M78.57M69.58M65.03M60.46M
Notes Payable---------
Accounts Payable2M2.47M2.14M7.2M11.18M12.09M7.33M6.91M2.66M
Current Portion Long-Term Debt---------
Current Portion Capital Leases---------
Accrued Expenses---------
Income Taxes Payable---------
Other Current Liabilities----1.13M1.66M1.77M--
Total Current Liabilities
2.35M2.86M2.65M7.77M12.31M13.85M9.46M7.57M3.35M
Mortgages---------
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt---------
Non-Current Capital Leases---------
Other Long-Term Liabilities--1.08M1.01M-----
Total Liabilities
2.9M3.65M3.74M8.97M13.61M15.15M10.78M8.67M4.34M
Minority Interest---------
Preferred Stock---------
Common Stock Net8.18M7.97M7.97M7.97M7.97M7.97M7.97M7.97M7.97M
Capital Surplus28.86M29M29M29M29M29M29M29M29M
Retained Earnings28.78M31.73M31.71M31.8M31.45M31.91M27.29M24.85M24.61M
Treasury Stock5.47M5.47M5.47M5.47M5.47M5.47M5.47M5.47M5.47M
Other Liabilities---------
Shareholders Equity60.35M63.23M63.21M63.31M62.95M63.41M58.8M56.35M56.11M
Total Liabilities & Shareholders Equity63.26M66.89M66.95M72.28M76.57M78.57M69.58M65.03M60.46M
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years

Apart from balance sheet items, an investor would do well to keep track of the Friedman Industries stock price by looking at Friedman Industries historical stock prices. One can compare PE with industry average by looking at the Friedman Industries PE ratio chart. The common balance sheet items are:

  • Assets: Anything that the Friedman Industries company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Friedman Industries had total assets of $63.26M.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Friedman Industries's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for FRD stock stand at $2.9M.

Friedman Industries Balance Sheet - Key Ratios

Current ratio
5.18
Debt to equity ratio
0.06
Asset turnover ratio
1.59
Receivables turnover
12.95
Price to book ratio
0.75