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Friedman Industries (FRD)

(Delayed Data from AMEX)

$15.35 USD

15.35
124,240

-1.60 (-9.44%)

Updated Aug 9, 2024 04:00 PM ET

After-Market: $15.36 +0.01 (0.07%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 36% (159 out of 250)

Industry: Metal Products - Procurement and Fabrication

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Balance Sheet

Fiscal Year End for Friedman Industries Inc falls in the month of March.

All items in Millions except Per Share data.

3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Assets          
Cash & Equivalents 3 3 3 8 17
Receivables 47 49 36 20 12
Notes Receivable 0 0 0 0 0
Inventories 116 86 68 36 36
Other Current Assets 4 5 19 13 1
Total Current Assets 170 144 125 78 65
Net Property & Equipment 57 54 30 15 12
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 2 2 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 0 0 2 0 1
Total Assets 230 199 159 95 77
Liabilities & Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Notes Payable 0 0 0 0 0
Accounts Payable 44 37 45 15 9
Current Portion Long-Term Debt 0 0 0 2 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 2 1 0 1 0
Other Current Liabilities 8 7 16 11 1
Total Current Liabilities 54 45 61 29 10
Mortgages 0 0 0 0 0
Deferred Taxes/Income 5 4 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 40 34 19 0 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 103 84 80 30 10
Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Preferred Stock 0 0 0 0 0
Common Stock (Par) 9 9 8 8 8
Capital Surplus 35 35 30 30 30
Retained Earnings 96 80 59 45 35
Other Equity 0 0 -10 -11 0
Treasury Stock 13 8 8 7 6
Total Shareholder's Equity 127 115 80 65 67
Total Liabilities & Shareholder's Equity 230 199 159 95 77
Total Common Equity 127 115 80 65 67
Shares Outstanding 6.90 7.30 6.80 6.90 7.00
Book Value Per Share 18.48 15.81 11.72 9.47 9.55

Fiscal Year End for Friedman Industries Inc falls in the month of March.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 3 4 3 5
Receivables NA 47 44 52 47
Notes Receivable NA 0 0 0 0
Inventories NA 116 114 105 101
Other Current Assets NA 4 9 5 3
Total Current Assets NA 170 171 165 156
Net Property & Equipment NA 57 56 55 54
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 0 0 0 0
Deposits & Other Assets NA 0 0 0 0
Total Assets NA 230 229 222 211
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 44 48 29 36
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 2 2 2 3
Other Current Liabilities NA 8 4 4 4
Total Current Liabilities NA 54 55 35 43
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 5 4 4 4
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 47 56 41
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 103 106 95 88
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 9 9 9 9
Capital Surplus NA 35 35 35 35
Retained Earnings NA 96 92 91 87
Other Equity NA 0 0 0 0
Treasury Stock NA 13 13 8 8
Total Shareholder's Equity NA 127 123 127 123
Total Liabilities & Shareholder's Equity NA 230 229 222 211
Total Common Equity 0 127 123 127 123
Shares Outstanding 6.90 6.90 7.30 7.30 7.30
Book Value Per Share 0.00 18.48 16.81 17.37 16.90