Friedman Industries, Incorporated
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Friedman Industries, Incorporated's balance sheet done over the years? Its assets were worth $230,019,000 last year, which is more than in the previous period. 45% of Friedman Industries, Incorporated’s total assets is currently financed by debt. Its liabilities reached the amount of $102,544,000, which means an increase by 22% compared compared to last year.
Debt to Assets
| 2015 | 66958024 | 3.74M | 5.59% |
|---|---|---|---|
| 2016 | 66890397 | 3.65M | 5.46% |
| 2017 | 63263297 | 2.90M | 4.59% |
| 2018 | 74363205 | 11.30M | 15.21% |
| 2019 | 86601982 | 14.12M | 16.3% |
| 2020 | 77344088 | 10.47M | 13.55% |
| 2021 | 95008809 | 29.66M | 31.23% |
| 2022 | 159275070 | 79.58M | 49.97% |
| 2023 | 199311000 | 83.88M | 42.08% |
| 2024 | 230019000 | 102.54M | 44.58% |
FRD Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 2.89M | 2.99M | 2.59M | 8.19M | 17.05M | 11.66M | 4.05M | 1.46M | 2.79M | 2.22M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 47.32M | 49.36M | 35.67M | 20.37M | 11.70M | 13.18M | 17.45M | 8.93M | 4.82M | 6.89M |
Inventory | 115.80M | 86.24M | 67.94M | 36.01M | 35.66M | 49.06M | 38.03M | 34.91M | 41.93M | 40.85M |
Other current assets | 4.04M | 5.05M | 14.90M | 12.94M | 780.17K | 543.54K | 429.10K | 113.54K | 143.38K | 144.57K |
Total current assets | 170.06M | 143.65M | 125.36M | 77.53M | 65.21M | 74.45M | 59.97M | 45.43M | 49.70M | 50.11M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 59.59M | 55.20M | 30.10M | 15.46M | 11.50M | 11.90M | 14.16M | 15.17M | 15.96M | 15.51M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 356K | 452K | 1.67M | 148.49K | 262.07K | -76.83K | -248.02K | 1.49M | 812K | 1.13M |
Total non-current assets | 59.95M | 55.65M | 33.91M | 17.47M | 12.13M | 12.14M | 14.38M | 17.83M | 17.18M | 16.84M |
Total assets | 230.01M | 199.31M | 159.27M | 95.00M | 77.34M | 86.60M | 74.36M | 63.26M | 66.89M | 66.95M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 5.92M | 0 | 4.28M | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 54K | -6.48M | 104.68K | 1.62M | 100.72K | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 54.10M | 45.08M | 60.81M | 29.07M | 9.64M | 12.36M | 11.03M | 2.35M | 2.86M | 2.65M |
| Non-current liabilities: | ||||||||||
Long term debt | 43.07M | 34.33M | 18.43M | 171.97K | 372.35K | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 105K | 96K | 341.35K | 424.58K | 372.35K | 210.25K | 175.05K | 550.28K | 785.6K | 1.08M |
Total non-current liabilities | 48.43M | 38.79M | 18.77M | 596.56K | 833.36K | 1.75M | 278.25K | 550.28K | 785.6K | 1.08M |
Total liabilities | 102.54M | 83.88M | 79.58M | 29.66M | 10.47M | 14.12M | 11.30M | 2.90M | 3.65M | 3.74M |
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