Friedman Capital Stock vs Long Term Debt Analysis

FRD Stock

USD 15.08 1.52 11.21%

Friedman Industries financial indicator trend analysis is much more than just examining Friedman Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Friedman Industries is a good investment. Please check the relationship between Friedman Industries Capital Stock and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Friedman Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Friedman Stock refer to our How to Trade Friedman Stock guide.

Capital Stock vs Long Term Debt

Capital Stock vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Friedman Industries Capital Stock account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Friedman Industries' Capital Stock and Long Term Debt is 0.94. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Friedman Industries, assuming nothing else is changed. The correlation between historical values of Friedman Industries' Capital Stock and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Friedman Industries are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Capital Stock i.e., Friedman Industries' Capital Stock and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Long Term Debt

Long-term debt is a debt that Friedman Industries has held for over one year. Long-term debt appears on Friedman Industries balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Friedman Industries balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Friedman Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Friedman Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Friedman Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Friedman Stock refer to our How to Trade Friedman Stock guide.At present, Friedman Industries' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 180.3 M, whereas Enterprise Value Over EBITDA is forecasted to decline to 5.86.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	12.5M	22.0M	71.5M	75.1M
Cost Of Revenue	244.2M	504.5M	420.2M	441.2M

Total Operating Expenses Cost Of Revenue

Friedman Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Property Plant And Equipment Gross	Other Liab	Other Assets	Long Term Debt
Total Assets		0.98	0.72	0.93	0.97	0.98	0.95	0.99	-0.51	0.98	-0.12	-0.51	0.98	0.62	0.97	0.98	0.43	-0.39	0.98	1.0	-0.04	0.95	0.99	-0.27	-0.07	0.96
Short Long Term Debt Total	0.98		0.68	0.88	0.94	0.98	0.96	0.97	-0.46	0.98	-0.12	-0.46	0.94	0.5	1.0	0.95	0.33	-0.44	0.97	0.96	-0.09	0.9	0.99	-0.33	-0.13	0.99
Other Current Liab	0.72	0.68		0.89	0.56	0.61	0.67	0.68	-0.36	0.63	0.15	-0.36	0.71	0.17	0.65	0.65	0.82	-0.56	0.8	0.74	0.23	0.85	0.69	-0.42	0.44	0.67
Total Current Liabilities	0.93	0.88	0.89		0.83	0.85	0.85	0.9	-0.44	0.87	-0.02	-0.44	0.94	0.46	0.86	0.85	0.71	-0.54	0.97	0.94	0.14	0.99	0.9	-0.36	0.18	0.86
Total Stockholder Equity	0.97	0.94	0.56	0.83		0.97	0.93	0.98	-0.54	0.97	-0.18	-0.54	0.93	0.75	0.94	0.99	0.25	-0.23	0.91	0.96	-0.12	0.86	0.95	-0.14	-0.2	0.9
Property Plant And Equipment Net	0.98	0.98	0.61	0.85	0.97		0.98	0.98	-0.58	1.0	-0.11	-0.58	0.95	0.63	0.98	0.97	0.31	-0.33	0.95	0.96	-0.1	0.88	0.99	-0.26	-0.12	0.96
Net Debt	0.95	0.96	0.67	0.85	0.93	0.98		0.95	-0.69	0.98	-0.04	-0.69	0.93	0.58	0.95	0.95	0.37	-0.3	0.93	0.93	-0.09	0.87	0.98	-0.25	-0.01	0.94
Retained Earnings	0.99	0.97	0.68	0.9	0.98	0.98	0.95		-0.51	0.98	-0.17	-0.51	0.96	0.66	0.97	0.98	0.39	-0.37	0.97	0.99	0.0	0.91	0.97	-0.26	-0.12	0.94
Cash	-0.51	-0.46	-0.36	-0.44	-0.54	-0.58	-0.69	-0.51		-0.6	-0.18	1.0	-0.5	-0.56	-0.45	-0.56	-0.32	-0.19	-0.46	-0.46	0.07	-0.43	-0.54	-0.07	-0.31	-0.41
Non Current Assets Total	0.98	0.98	0.63	0.87	0.97	1.0	0.98	0.98	-0.6		-0.07	-0.6	0.95	0.62	0.98	0.97	0.34	-0.33	0.95	0.96	-0.08	0.89	0.99	-0.28	-0.07	0.96
Non Currrent Assets Other	-0.12	-0.12	0.15	-0.02	-0.18	-0.11	-0.04	-0.17	-0.18	-0.07		-0.18	-0.16	-0.25	-0.13	-0.12	0.2	0.11	-0.07	-0.14	-0.25	-0.03	-0.06	-0.31	0.75	-0.12
Cash And Short Term Investments	-0.51	-0.46	-0.36	-0.44	-0.54	-0.58	-0.69	-0.51	1.0	-0.6	-0.18		-0.5	-0.56	-0.45	-0.56	-0.32	-0.19	-0.46	-0.46	0.07	-0.43	-0.54	-0.07	-0.31	-0.41
Net Receivables	0.98	0.94	0.71	0.94	0.93	0.95	0.93	0.96	-0.5	0.95	-0.16	-0.5		0.59	0.94	0.92	0.49	-0.44	0.98	0.97	0.03	0.96	0.96	-0.27	-0.05	0.93
Common Stock Shares Outstanding	0.62	0.5	0.17	0.46	0.75	0.63	0.58	0.66	-0.56	0.62	-0.25	-0.56	0.59		0.51	0.68	0.09	0.21	0.5	0.61	-0.03	0.47	0.54	0.23	-0.2	0.41
Non Current Liabilities Total	0.97	1.0	0.65	0.86	0.94	0.98	0.95	0.97	-0.45	0.98	-0.13	-0.45	0.94	0.51		0.96	0.29	-0.41	0.96	0.96	-0.12	0.89	0.99	-0.31	-0.17	0.99
Inventory	0.98	0.95	0.65	0.85	0.99	0.97	0.95	0.98	-0.56	0.97	-0.12	-0.56	0.92	0.68	0.96		0.3	-0.23	0.94	0.97	-0.16	0.88	0.96	-0.14	-0.13	0.92
Other Current Assets	0.43	0.33	0.82	0.71	0.25	0.31	0.37	0.39	-0.32	0.34	0.2	-0.32	0.49	0.09	0.29	0.3		-0.56	0.53	0.45	0.54	0.63	0.38	-0.44	0.67	0.32
Other Stockholder Equity	-0.39	-0.44	-0.56	-0.54	-0.23	-0.33	-0.3	-0.37	-0.19	-0.33	0.11	-0.19	-0.44	0.21	-0.41	-0.23	-0.56		-0.5	-0.41	-0.46	-0.49	-0.4	0.8	-0.14	-0.48
Total Liab	0.98	0.97	0.8	0.97	0.91	0.95	0.93	0.97	-0.46	0.95	-0.07	-0.46	0.98	0.5	0.96	0.94	0.53	-0.5		0.99	0.02	0.98	0.97	-0.35	0.02	0.96
Total Current Assets	1.0	0.96	0.74	0.94	0.96	0.96	0.93	0.99	-0.46	0.96	-0.14	-0.46	0.97	0.61	0.96	0.97	0.45	-0.41	0.99		-0.02	0.96	0.97	-0.26	-0.07	0.94
Short Term Debt	-0.04	-0.09	0.23	0.14	-0.12	-0.1	-0.09	0.0	0.07	-0.08	-0.25	0.07	0.03	-0.03	-0.12	-0.16	0.54	-0.46	0.02	-0.02		0.02	-0.1	-0.43	0.26	-0.1
Accounts Payable	0.95	0.9	0.85	0.99	0.86	0.88	0.87	0.91	-0.43	0.89	-0.03	-0.43	0.96	0.47	0.89	0.88	0.63	-0.49	0.98	0.96	0.02		0.92	-0.3	0.11	0.89
Property Plant And Equipment Gross	0.99	0.99	0.69	0.9	0.95	0.99	0.98	0.97	-0.54	0.99	-0.06	-0.54	0.96	0.54	0.99	0.96	0.38	-0.4	0.97	0.97	-0.1	0.92		-0.31	-0.06	0.98
Other Liab	-0.27	-0.33	-0.42	-0.36	-0.14	-0.26	-0.25	-0.26	-0.07	-0.28	-0.31	-0.07	-0.27	0.23	-0.31	-0.14	-0.44	0.8	-0.35	-0.26	-0.43	-0.3	-0.31		-0.4	-0.36
Other Assets	-0.07	-0.13	0.44	0.18	-0.2	-0.12	-0.01	-0.12	-0.31	-0.07	0.75	-0.31	-0.05	-0.2	-0.17	-0.13	0.67	-0.14	0.02	-0.07	0.26	0.11	-0.06	-0.4		-0.14
Long Term Debt	0.96	0.99	0.67	0.86	0.9	0.96	0.94	0.94	-0.41	0.96	-0.12	-0.41	0.93	0.41	0.99	0.92	0.32	-0.48	0.96	0.94	-0.1	0.89	0.98	-0.36	-0.14

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Friedman Industries Account Relationship Matchups

Friedman Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	77.3M	95.0M	159.3M	199.3M	230.0M	241.5M
Other Current Liab	600.0K	6.5M	16.0M	2.2M	10.3M	10.8M
Total Current Liabilities	9.6M	29.1M	60.8M	45.1M	54.1M	56.8M
Total Stockholder Equity	66.9M	65.3M	79.7M	115.4M	127.5M	133.8M
Property Plant And Equipment Net	11.5M	15.5M	30.1M	55.2M	59.6M	62.6M
Net Debt	(16.6M)	(6.4M)	15.9M	30.2M	40.2M	42.2M
Retained Earnings	34.5M	45.4M	58.9M	79.7M	96.3M	101.1M
Cash	17.1M	8.2M	2.6M	3.0M	2.9M	2.7M
Non Current Assets Total	12.1M	17.5M	33.9M	55.7M	60.0M	63.0M
Non Currrent Assets Other	262.1K	148.5K	1.7M	452K	356K	338.2K
Cash And Short Term Investments	17.1M	8.2M	2.6M	3.0M	2.9M	2.7M
Net Receivables	11.7M	20.4M	35.7M	49.4M	47.3M	49.7M
Common Stock Shares Outstanding	7.0M	7.0M	6.6M	7.2M	7.2M	7.5M
Liabilities And Stockholders Equity	77.3M	95.0M	159.3M	199.3M	230.0M	241.5M
Non Current Liabilities Total	833.4K	596.6K	18.8M	38.8M	48.4M	50.9M
Inventory	35.7M	36.0M	67.9M	86.2M	115.8M	121.6M
Other Current Assets	780.2K	12.9M	19.1M	4.5M	4.0M	4.2M
Other Stockholder Equity	24.0M	22.8M	22.7M	27.2M	22.3M	40.5M
Total Liab	10.5M	29.7M	79.6M	83.9M	102.5M	107.7M
Total Current Assets	65.2M	77.5M	125.4M	143.7M	170.1M	178.6M
Short Term Debt	100.7K	1.6M	157K	107K	54K	51.3K
Accounts Payable	8.9M	15.2M	44.6M	36.8M	41.5M	43.6M
Property Plant And Equipment Gross	11.5M	15.5M	56.1M	82.4M	91.0M	95.5M
Accumulated Other Comprehensive Income	(35.3M)	(36.5M)	0.0	(11.2M)	(10.3M)	(317K)
Other Liab	1.8M	461.0K	159.0K	341.4K	392.6K	710.8K
Other Assets	580.5K	2.0M	3.8M	453K	521.0K	494.9K
Common Stock Total Equity	8.2M	8.3M	8.3M	8.9M	10.2M	8.7M
Common Stock	8.3M	8.3M	8.3M	8.9M	8.9M	8.8M
Property Plant Equipment	11.5M	15.5M	30.1M	53.9M	62.0M	65.1M
Net Tangible Assets	66.9M	65.3M	79.7M	115.4M	132.7M	77.4M
Retained Earnings Total Equity	40.5M	34.5M	45.4M	79.7M	91.6M	96.2M
Capital Surpluse	29.6M	30.0M	30.4M	35.0M	40.3M	32.8M
Non Current Liabilities Other	472.2K	424.6K	221.8K	96K	86.4K	82.1K
Long Term Debt Total	368.3K	172.0K	160.9K	33.2M	38.1M	40.1M

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When determining whether Friedman Industries is a strong investment it is important to analyze Friedman Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Friedman Industries' future performance. For an informed investment choice regarding Friedman Stock, refer to the following important reports:

How To Invest In Friedman

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Is Friedman Stock a good investment?

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What is Friedman Industries' Net Worth?

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Largest Metals & Mining Companies

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Largest Materials Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Friedman Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Friedman Stock refer to our How to Trade Friedman Stock guide.

You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Friedman Industries. If investors know Friedman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Friedman Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.33)

Dividend Share

0.14

Earnings Share

1.14

Revenue Per Share

66.665

Quarterly Revenue Growth

1.802

The market value of Friedman Industries is measured differently than its book value, which is the value of Friedman that is recorded on the company's balance sheet. Investors also form their own opinion of Friedman Industries' value that differs from its market value or its book value, called intrinsic value, which is Friedman Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Friedman Industries' market value can be influenced by many factors that don't directly affect Friedman Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Friedman Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Friedman Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Friedman Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Friedman Capital Stock vs Long Term Debt Analysis

Capital Stock vs Long Term Debt

Capital Stock vs Long Term Debt Correlation Analysis

Correlation Coefficient

Capital Stock

Long Term Debt

Friedman Industries fundamental ratios Correlations

Friedman Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Friedman Industries fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Retained Earnings	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Total Assets

Cash And Short Term Investments	- 0.69	Net Debt
Cash	- 0.69	Net Debt
Cash And Short Term Investments	- 0.6	Non Current Assets Total
Non Current Assets Total	- 0.6	Cash
Cash And Short Term Investments	- 0.58	Property Plant And Equipment Net
Cash	- 0.58	Property Plant And Equipment Net