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FRIEDMAN INDUSTRIES INC: 10-K filed 2021-07-07

What FRIEDMAN INDUSTRIES INC reported in its annual report filed 2021-07-07 (fiscal FY 2021): 40 published measures, 107 facts as tagged in accession 0001437749-21-016577.

This filing

Form
10-K (annual report)
Filed
2021-07-07
Fiscal period
fiscal FY 2021
Accession
0001437749-21-016577 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All FRIEDMAN INDUSTRIES INC filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2021-03-3195,008,809USD
At 2020-03-3177,344,088USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2021-03-3129,668,833USD
At 2020-03-3110,478,721USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2021-03-3165,339,976USD
At 2020-03-3166,865,367USD
At 2019-03-3172,481,577USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2021-03-318,191,001USD
At 2020-03-3117,057,751USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2021-01-01 to 2021-03-3110,403,597USD90
2020-04-01 to 2021-03-3111,424,475USD365
2020-10-01 to 2020-12-312,129,745USD92
2020-07-01 to 2020-09-30-250,005USD92
2020-04-01 to 2020-06-30-858,862USD91
2020-01-01 to 2020-03-31-3,018,842USD91
2019-04-01 to 2020-03-31-5,249,210USD366
2019-10-01 to 2019-12-31-881,003USD92
2019-07-01 to 2019-09-30-1,544,137USD92
2019-04-01 to 2019-06-30194,772USD91

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2020-04-01 to 2021-03-318,426,886USD365
2019-04-01 to 2020-03-3111,232,819USD366

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2020-04-01 to 2021-03-314,609,617USD365
2019-04-01 to 2020-03-314,935,361USD366

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2020-04-01 to 2021-03-31-701,911USD365
2019-04-01 to 2020-03-31-889,573USD366

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2020-04-01 to 2021-03-31-4,590,240USD365
2019-04-01 to 2020-03-31-4,952,656USD366

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2021-03-3145,392,912USD
At 2020-03-3134,530,755USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2020-04-01 to 2021-03-317,027,707shares365
2019-04-01 to 2020-03-317,000,403shares366

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2020-04-01 to 2021-03-317,027,707shares365
2019-04-01 to 2020-03-317,000,403shares366

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2021-01-01 to 2021-03-311.49USD/shares90
2020-04-01 to 2021-03-311.63USD/shares365
2020-10-01 to 2020-12-310.3USD/shares92
2020-07-01 to 2020-09-30-0.04USD/shares92
2020-04-01 to 2020-06-30-0.12USD/shares91
2020-01-01 to 2020-03-31-0.43USD/shares91
2019-04-01 to 2020-03-31-0.75USD/shares366
2019-10-01 to 2019-12-31-0.13USD/shares92
2019-07-01 to 2019-09-30-0.22USD/shares92
2019-04-01 to 2019-06-300.03USD/shares91

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2021-01-01 to 2021-03-311.49USD/shares90
2020-04-01 to 2021-03-311.63USD/shares365
2020-10-01 to 2020-12-310.3USD/shares92
2020-07-01 to 2020-09-30-0.04USD/shares92
2020-04-01 to 2020-06-30-0.12USD/shares91
2020-01-01 to 2020-03-31-0.43USD/shares91
2019-04-01 to 2020-03-31-0.75USD/shares366
2019-10-01 to 2019-12-31-0.13USD/shares92
2019-07-01 to 2019-09-30-0.22USD/shares92
2019-04-01 to 2019-06-300.03USD/shares91

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2020-04-01 to 2021-03-313,797,498USD365
2019-04-01 to 2020-03-31-1,588,992USD366

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2021-03-3115,461,256USD
At 2020-03-3111,500,556USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2020-04-01 to 2021-03-3115,725,395USD365
2019-04-01 to 2020-03-31-6,857,462USD366

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2021-03-3177,534,635USD
At 2020-03-3165,211,517USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2020-04-01 to 2021-03-3124,619USD365
2019-04-01 to 2020-03-314,806USD366

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2021-03-3129,072,271USD
At 2020-03-319,645,359USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2021-03-3120,377,967USD
At 2020-03-3111,705,344USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2020-04-01 to 2021-03-311,727,378USD365

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2021-03-3136,016,093USD
At 2020-03-3135,668,243USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2021-01-01 to 2021-03-3117,741,498USD90
2020-10-01 to 2020-12-314,495,849USD92
2020-07-01 to 2020-09-301,091,097USD92
2020-04-01 to 2020-06-30256,754USD91
2020-01-01 to 2020-03-311,868,728USD91
2019-10-01 to 2019-12-3152,933USD92
2019-07-01 to 2019-09-30-782,650USD92
2019-04-01 to 2019-06-301,471,324USD91

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2020-04-01 to 2021-03-317,835,184USD365
2019-04-01 to 2020-03-315,124,572USD366

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2021-03-31-11,187,841USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2019-04-0163,000USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2021-03-3130,180,893USD
At 2020-03-3131,825,401USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2021-03-31315,978USD
At 2020-03-31372,352USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2021-03-314,111,322USD
At 2020-03-31369,942USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2020-03-31361,146USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2020-04-01 to 2021-03-3115,221,973USD365
2019-04-01 to 2020-03-31-6,838,202USD366

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2020-04-01 to 2021-03-31236,634USD365
2019-04-01 to 2020-03-31-5,249,210USD366

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2020-04-01 to 2021-03-311,012,917USD365
2019-04-01 to 2020-03-311,524,961USD366

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2020-04-01 to 2021-03-31-503,422USD365
2019-04-01 to 2020-03-3119,260USD366

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2020-04-01 to 2021-03-312,459,009USD365
2019-04-01 to 2020-03-31-404,892USD366

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2020-04-01 to 2021-03-311,338,489USD365
2019-04-01 to 2020-03-31-1,184,100USD366

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2020-04-01 to 2021-03-3110,000USD365
2019-04-01 to 2020-03-31261,000USD366

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2020-04-01 to 2021-03-318,672,623USD365
2019-04-01 to 2020-03-31-1,478,067USD366

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2020-04-01 to 2021-03-31621,943USD365
2019-04-01 to 2020-03-31-12,438,238USD366

Inspect the source

Entity
FRIEDMAN INDUSTRIES INC / CIK 0000039092
Captured
2026-09-19T14:47:07.124Z
SEC response SHA-256
5ae9c4cf0f65c283f668d21488226f851cc8a3e1f6ccf26d3c0bce799251eb31

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000039092.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))