Friedman Historical Balance Sheet
FRD Stock | USD 13.96 0.49 3.39% |
Trend analysis of Friedman Industries balance sheet accounts such as Other Current Liabilities of 12.4 M or Total Current Liabilities of 65.3 M provides information on Friedman Industries' total assets, liabilities, and equity, which is the actual value of Friedman Industries to its prevalent stockholders. By breaking down trends over time using Friedman Industries balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Friedman Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Friedman Industries is a good buy for the upcoming year.
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About Friedman Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Friedman Industries at a specified time, usually calculated after every quarter, six months, or one year. Friedman Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Friedman Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Friedman currently owns. An asset can also be divided into two categories, current and non-current.
Friedman Industries Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Friedman Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Friedman Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Friedman Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Friedman Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Friedman Industries' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 12.4 M, whereas Short Term Debt is forecasted to decline to about 46.2 K.
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 33.3M | 43.1M | 49.6M | 52.1M | Total Assets | 199.3M | 230.0M | 264.5M | 277.7M |
Friedman Industries balance sheet Correlations
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Friedman Industries Account Relationship Matchups
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Friedman Industries balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 95.0M | 159.3M | 199.3M | 230.0M | 264.5M | 277.7M | |
Short Long Term Debt Total | 1.8M | 18.5M | 33.3M | 43.1M | 49.6M | 52.1M | |
Other Current Liab | 6.5M | 16.0M | 2.2M | 10.3M | 11.8M | 12.4M | |
Total Current Liabilities | 29.1M | 60.8M | 45.1M | 54.1M | 62.2M | 65.3M | |
Total Stockholder Equity | 65.3M | 79.7M | 115.4M | 127.5M | 146.6M | 153.9M | |
Property Plant And Equipment Net | 15.5M | 30.1M | 55.2M | 59.6M | 68.5M | 72.0M | |
Net Debt | (6.4M) | 15.9M | 30.2M | 40.2M | 46.3M | 48.6M | |
Retained Earnings | 45.4M | 58.9M | 79.7M | 96.3M | 110.7M | 116.3M | |
Cash | 8.2M | 2.6M | 3.0M | 2.9M | 3.3M | 6.4M | |
Non Current Assets Total | 17.5M | 33.9M | 55.7M | 60.0M | 68.9M | 72.4M | |
Non Currrent Assets Other | 148.5K | 1.7M | 452K | 356K | 409.4K | 758.0K | |
Cash And Short Term Investments | 8.2M | 2.6M | 3.0M | 2.9M | 3.3M | 6.4M | |
Net Receivables | 20.4M | 35.7M | 49.4M | 47.3M | 54.4M | 57.1M | |
Common Stock Shares Outstanding | 7.0M | 6.6M | 7.2M | 7.2M | 8.3M | 7.5M | |
Liabilities And Stockholders Equity | 95.0M | 159.3M | 199.3M | 230.0M | 264.5M | 277.7M | |
Non Current Liabilities Total | 596.6K | 18.8M | 38.8M | 48.4M | 55.7M | 58.5M | |
Inventory | 36.0M | 67.9M | 86.2M | 115.8M | 133.2M | 139.8M | |
Other Current Assets | 12.9M | 19.1M | 4.5M | 4.0M | 4.6M | 4.9M | |
Other Stockholder Equity | 22.8M | 22.7M | 27.2M | 22.3M | 25.7M | 40.5M | |
Total Liab | 29.7M | 79.6M | 83.9M | 102.5M | 117.9M | 123.8M | |
Total Current Assets | 77.5M | 125.4M | 143.7M | 170.1M | 195.6M | 205.4M | |
Short Term Debt | 1.6M | 157K | 107K | 54K | 48.6K | 46.2K | |
Accounts Payable | 15.2M | 44.6M | 36.8M | 41.5M | 47.8M | 50.2M | |
Property Plant And Equipment Gross | 15.5M | 56.1M | 82.4M | 91.0M | 104.6M | 109.9M | |
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 | 8.9M | 8.9M | 10.2M | 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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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 | 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.