US-listed companies
FRIEDMAN INDUSTRIES INC

FRIEDMAN INDUSTRIES INCFRD

Market cap

$99.48M

P/E ratio

Income statement Balance sheet Cash flow

	Mar 31, 2012	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015	Mar 31, 2016	Mar 31, 2017	Mar 31, 2018	Mar 31, 2019	Mar 31, 2020	Mar 31, 2021
Cash	12	16	15	2	2,796,762	1,461,695	4,052,582	11,667,161	17,057,751	8,191,001
Accounts receivable, net of allowances for bad debts and cash discounts of $183 and $100 at March 31, 2023 and 2022, respectively	16	9	9	7	4,822,386	8,939,051	17,458,289	13,183,411	11,705,344	20,377,967
Inventories	37	39	35	41	41,939,128	34,918,550	38,039,332	49,062,086	35,668,243	36,016,093
Other current assets	88,286	103,547	129,796	144,579	143,380	113,540	429,101	543,549	780,179	12,949,574
TOTAL CURRENT ASSETS	65	64	60	50	49,701,656	45,432,836	59,979,304	74,456,207	65,211,517	77,534,635
Land	1	1	1	1	1,082,331	1,082,331	1,452,799	1,452,799	1,179,831	1,179,831
Buildings and yard improvements	7	7	7	7	7,111,735	7,111,735	8,710,958	8,821,253	9,008,869	9,199,704
Machinery and equipment	30	30	32	31	30,903,321	31,451,479	39,282,944	38,176,497	29,339,893	35,253,000
Construction in process	-	-	-	7	9,200,799	9,451,972	-	-	3,797,364	9,614
Less accumulated depreciation	25	27	29	31	32,329,947	33,924,353	35,280,700	36,540,591	31,825,401	30,180,893
Property, plant, and equipment, net	13	11	11	16	15,968,239	15,173,164	14,166,001	11,909,958	11,500,556	15,461,256
Cash value of officers’ life insurance and other assets	-	-	-	-	812,000	578,000	217,900	235,817	183,350	148,494
Deferred income tax asset	-	-	-	-	-	-	-	-	448,665	1,864,424
Income taxes recoverable	-	-	-	-	-	913,347	-	-	-	-
TOTAL ASSETS	79	77	72	67	66,890,397	63,263,297	74,363,205	86,601,982	77,344,088	95,008,809
Accounts payable and accrued expenses	12	11	7	2	2,476,699	2,003,661	10,233,431	11,577,664	8,944,614	15,185,038
Income taxes payable	98,464	-	-	-	-	-	-	159,694	-	1,455,099
Dividends payable	883,928	543,956	135,989	67,994	67,994	70,094	140,189	279,978	139,989	138,117
Contribution to retirement plan	52,500	52,500	52,500	51,000	43,500	42,000	45,000	50,250	50,250	50,000
Employee compensation and related expenses	727,342	533,822	375,860	383,562	277,557	240,835	612,015	297,316	409,778	2,643,538
Current portion of financing lease	-	-	-	-	-	-	-	-	100,728	102,689
Current portion of derivative liability	-	-	-	-	-	-	-	-	-	7,979,380
TOTAL CURRENT LIABILITIES	14	12	8	3	2,865,750	2,356,590	11,030,635	12,364,902	9,645,359	29,072,271
POSTRETIREMENT BENEFITS OTHER THAN PENSIONS	853,738	943,149	1	1	785,600	550,282	175,056	210,257	99,864	108,609
DEFERRED INCOME TAX LIABILITY	-	-	-	-	-	-	-	-	361,146	-
OTHER NON-CURRENT LIABILITIES	-	-	-	-	-	-	-	-	372,352	315,978
TOTAL LIABILITIES	-	-	-	-	3,651,350	2,906,872	11,308,889	14,120,405	10,478,721	29,668,833
Common stock, par value $1: Authorized shares — 10,000,000, Issued shares — 8,868,716 shares and 8,344,975 shares at March 31, 2023 and 2022, respectively :	8	8	8	8	7,975,160	8,185,160	8,185,160	8,205,160	8,295,160	8,334,785
Additional paid-in capital	29	29	29	29	29,003,674	28,865,914	29,154,874	29,322,472	29,565,416	30,003,462
Accumulated other comprehensive loss	-	-	-	-	-	-	-	-	-	-11,187,841
Retained earnings	32	31	32	32	31,736,177	28,781,315	31,190,246	40,479,909	34,530,755	45,392,912
TOTAL STOCKHOLDERS’ EQUITY	63	63	63	63	63,239,047	60,356,425	63,054,316	72,481,577	66,865,367	65,339,976
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	79	77	72	67	66,890,397	63,263,297	74,363,205	86,601,982	77,344,088	95,008,809