Friedman Industries Inc. (FRD) financial statements (2020 and earlier)

Company profile

Business Address 1121 JUDSON RD
LONGVIEW, TX 75601
State of Incorp. TX
Fiscal Year End March 31
SIC 331 - Steel Works, Blast Furnaces, And Rolling And Finishing Mills (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1912413215
Cash and cash equivalents1912413215
Receivables1313179579
Inventory, net of allowances, customer advances and progress billings36493835424135
Inventory36493835424135
Other current assets1100000
Total current assets:69746045505060
Noncurrent Assets
Operating lease, right-of-use asset0
Nontrade receivables   1  
Property, plant and equipment12121415161611
Deferred income tax assets0
Other undisclosed noncurrent assets0002111
Total noncurrent assets:13121418171712
TOTAL ASSETS:82877463676772
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:912102227
Employee-related liabilities0010000
Taxes payable 0     
Interest and dividends payable000000 
Other undisclosed accounts payable and accrued liabilities81192227
Debt0      
Deferred compensation liability0000000
Other undisclosed current liabilities0110001
Total current liabilities:1012112338
Noncurrent Liabilities
Long-term debt and lease obligation0      
Operating lease, liability0
Liabilities, other than long-term debt0201111
Pension and other postretirement defined benefit plans, liabilities1
Deferred tax liabilities, net20   0
Liability, pension and other postretirement and postemployment benefits000111
Other liabilities0      
Other undisclosed noncurrent liabilities1      
Total noncurrent liabilities:2201111
Total liabilities:1114113449
Stockholders' equity
Stockholders' equity attributable to parent71726360636363
Common stock8888888
Treasury stock, value(6)(6)(5)(5)(5)(5)(5)
Additional paid in capital29292929292929
Retained earnings39403129323232
Total stockholders' equity:71726360636363
TOTAL LIABILITIES AND EQUITY:82877463676772

Income statement (P&L) ($ in millions)

9/30/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Revenues1671871217882108116
Revenue, net 7882108116
Cost of revenue(163)(174)(113)(78)(77)(103)(109)
Cost of goods and services sold(163)(174)(113)(78)(77)(103)(109)
Gross profit:3138(0)557
Operating expenses(6)(7)(4)(4)(5)(4)(5)
Operating income (loss):(3)64(4)012
Interest and debt expense(0)(0)(0)    
Other undisclosed income from continuing operations before equity method investments, income taxes      0
Income (loss) from continuing operations before equity method investments, income taxes:(3)64(4)013
Other undisclosed income from continuing operations before income taxes000000 
Income (loss) from continuing operations before income taxes:(2)74(4)013
Income tax expense (benefit)0(2)(1)1(0)(0)(1)
Net income (loss) available to common stockholders, diluted:(2)53(3)002

Comprehensive Income ($ in millions)

9/30/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Net income (loss):(2)53(3)002
Comprehensive income (loss), net of tax, attributable to parent:(2)53(3)002

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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