Friedman Industries, Incorporated (FRD) Balance Sheet: Assets & Liabilities

Friedman Industries, Incorporated (FRD) Balance Sheet

As of Mar 31, 2026 (end of fiscal 2026), Friedman Industries, Incorporated reported total assets of $336.81M and total liabilities of $185.32M. Shareholders' equity was $151.49M, up 14.4% from $132.43M a year earlier. Total debt stood at $96.81M against $2.45M in cash and short-term investments, a net debt position of $94.36M. That puts debt-to-equity at 0.64, compared with 0.36 a year earlier.

Friedman Industries, Incorporated Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Friedman Industries, Incorporated (FRD) - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Jun 2022	Mar 2022	Jun 2021	Mar 2021	Mar 2020	Jun 2019	Mar 2018	Mar 2017
Current Assets
Cash and Cash Equivalents	2.45	3.69	2.89	2.99	2.60	2.60	8.19	8.19	17.06	11.67	4.05	1.46
Cash & Short-Term Investments	2.45	3.69	2.89	2.99	2.60	2.60	8.19	8.19	17.06	11.67	4.05	1.46
Accounts Receivable	80.17	47.48	47.33	49.37	35.67	35.67	20.38	20.38	11.71	13.18	17.46	8.94
Inventory	172.22	113.69	115.80	86.25	67.95	67.95	36.02	36.02	35.67	49.06	38.04	34.92
Other Current Assets	1.52	0.98	4.04	5.05	19.15	14.91	12.95	12.95	0.78	0.54	0.43	0.11
Total Current Assets	257.04	166.47	170.06	143.66	125.36	125.36	77.53	77.53	65.21	74.46	59.98	45.43
Non-Current Assets
Property, Plant & Equipment (Net)	78.32	59.09	59.60	55.20	30.11	30.22	15.47	15.46	11.55	11.91	14.17	15.17
Other Non-Current Assets	1.45	1.26	0.36	0.45	1.67	0.16	2.01	2.01	0.58	-0.08	-0.25	1.49
Total Non-Current Assets	79.77	60.36	59.96	55.66	33.91	33.91	17.47	-	12.50	12.15	14.38	17.83
Total Assets	336.81	226.82	230.02	199.31	159.28	159.28	95.01	95.01	77.71	86.60	74.36	63.26
Current Liabilities
Accounts Payable	67.17	35.30	43.89	36.85	44.62	44.80	15.18	15.19	8.90	11.58	10.23	2.00
Short-Term Debt	0.76	0.16	0.05	0.11	0.16	-	1.63	1.52	0.15	0.00	0.00	0.00
Current Portion of Long-Term Debt	-	-	-	-	-	-	-	1.52	-	-	-	-
Accrued Liabilities	8.27	1.81	5.99	5.00	-	1.34	-	2.69	-	-	-	-
Other Current Liabilities	0.43	0.29	4.18	3.13	16.04	14.43	12.27	9.57	0.60	0.63	0.80	0.35
Total Current Liabilities	76.15	38.32	54.11	45.09	60.81	60.81	29.07	29.07	9.65	12.36	11.03	2.36
Non-Current Liabilities
Long-Term Debt	96.05	47.73	40.29	33.12	18.66	18.44	0.44	0.17	0.37	0.00	0.00	0.00
Deferred Tax Liabilities	6.76	5.48	5.26	4.36	0.00	-	0.00	-	0.73	1.55	0.10	0.00
Other Non-Current Liabilities	2.16	0.12	5.36	4.45	0.12	0.22	0.16	0.42	0.10	0.21	0.18	0.55
Total Non-Current Liabilities	109.17	56.07	48.44	38.79	18.78	18.78	0.60	0.60	1.20	1.76	0.28	0.55
Total Liabilities	185.32	94.40	102.54	83.88	79.59	79.59	29.67	29.67	10.85	14.12	11.31	2.91
Stockholders' Equity
Common Stock	9.02	8.88	8.87	8.87	8.34	8.35	8.33	8.33	8.30	8.21	8.19	8.19
Retained Earnings	119.65	101.25	96.28	79.65	58.91	58.91	45.39	45.39	34.53	40.48	31.19	28.78
Accumulated Other Comprehensive Income	0.00	0.00	0.00	-0.32	-10.27	-10.27	-11.19	-11.19	0.00	-36.54	-35.28	-33.92
Treasury Stock	13.11	13.10	12.93	7.78	-	7.74	-	-	-	-	-	-
Additional Paid-in Capital	35.93	35.39	22.32	27.23	22.70	30.44	22.80	-	24.04	60.34	58.96	57.31
Shares Outstanding	7.11	6.97	6.98	7.38	-	6.86	-	-	-	-	-	-
Total Stockholders' Equity	151.49	132.43	127.48	115.43	79.69	79.69	65.34	65.34	66.87	72.48	63.05	60.36
Total Liabilities & Equity	336.81	226.82	230.02	199.31	159.28	159.28	95.01	-	77.71	86.60	74.36	63.26

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Friedman Industries, Incorporated Balance Sheet

How much debt does Friedman Industries, Incorporated have?

Friedman Industries, Incorporated had total debt of $96.81M as of Mar 31, 2026, against $2.45M in cash and short-term investments. Its debt-to-equity ratio was 0.64. Total debt was $47.89M a year earlier.

What are Friedman Industries, Incorporated's total assets?

Friedman Industries, Incorporated reported total assets of $336.81M as of Mar 31, 2026, up 48.5% from $226.82M a year earlier. Total liabilities were $185.32M.

What is Friedman Industries, Incorporated's shareholders' equity?

Friedman Industries, Incorporated's shareholders' equity was $151.49M as of Mar 31, 2026, or about $21.30 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition