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FRIEDMAN INDUSTRIES INC: 10-Q filed 2022-02-14

What FRIEDMAN INDUSTRIES INC reported in its quarterly report filed 2022-02-14 (fiscal Q3 2022): 38 published measures, 116 facts as tagged in accession 0001437749-22-003280.

This filing

Form
10-Q (quarterly report)
Filed
2022-02-14
Fiscal period
fiscal Q3 2022
Accession
0001437749-22-003280 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 2021-12-31150,440,012USD
At 2021-03-3195,008,809USD

Total liabilities

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

PeriodValueUnitDays
At 2021-12-3159,383,331USD
At 2021-03-3129,668,833USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-12-3191,056,681USD
At 2021-09-3080,335,001USD
At 2021-06-3062,942,275USD
At 2021-03-3165,339,976USD
At 2020-12-3169,352,898USD
At 2020-09-3065,281,496USD
At 2020-06-3065,974,090USD
At 2020-03-3166,865,367USD

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 2021-12-313,066,427USD
At 2021-03-318,191,001USD

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
2021-10-01 to 2021-12-31-2,961,833USD92
2021-04-01 to 2021-12-3121,527,578USD275
2021-07-01 to 2021-09-3013,177,614USD92
2021-04-01 to 2021-06-3011,311,797USD91
2020-10-01 to 2020-12-312,129,745USD92
2020-04-01 to 2020-12-311,020,878USD275
2020-07-01 to 2020-09-30-250,005USD92
2020-04-01 to 2020-06-30-858,862USD91

Operating cash flow

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

PeriodValueUnitDays
2021-04-01 to 2021-12-31-22,937,309USD275
2020-04-01 to 2020-12-314,837,624USD275

Capital expenditure payments

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

PeriodValueUnitDays
2021-04-01 to 2021-12-317,350,081USD275
2020-04-01 to 2020-12-314,228,193USD275

Financing cash flow

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

PeriodValueUnitDays
2021-04-01 to 2021-12-3114,594,826USD275
2020-04-01 to 2020-12-3146,885USD275

Investing cash flow

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

PeriodValueUnitDays
2021-04-01 to 2021-12-31-7,198,225USD275
2020-04-01 to 2020-12-31-4,241,163USD275

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-12-3166,506,491USD
At 2021-03-3145,392,912USD

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
2021-10-01 to 2021-12-316,906,891shares92
2021-04-01 to 2021-12-316,903,306shares275
2020-10-01 to 2020-12-317,039,736shares92
2020-04-01 to 2020-12-317,062,628shares275

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
2021-10-01 to 2021-12-316,906,891shares92
2021-04-01 to 2021-12-316,903,306shares275
2020-10-01 to 2020-12-317,039,736shares92
2020-04-01 to 2020-12-317,062,628shares275

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
2021-10-01 to 2021-12-31-0.43USD/shares92
2021-04-01 to 2021-12-313.12USD/shares275
2020-10-01 to 2020-12-310.3USD/shares92
2020-04-01 to 2020-12-310.14USD/shares275

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
2021-10-01 to 2021-12-31-0.43USD/shares92
2021-04-01 to 2021-12-313.12USD/shares275
2020-10-01 to 2020-12-310.3USD/shares92
2020-04-01 to 2020-12-310.14USD/shares275

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
2021-10-01 to 2021-12-31-967,681USD92
2021-04-01 to 2021-12-316,303,899USD275
2020-10-01 to 2020-12-31639,152USD92
2020-04-01 to 2020-12-31298,668USD275

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 2021-12-3127,490,654USD
At 2021-03-3115,461,256USD

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
2021-10-01 to 2021-12-31-5,656,648USD92
2021-04-01 to 2021-12-3132,632,598USD275
2020-10-01 to 2020-12-312,764,558USD92
2020-04-01 to 2020-12-311,306,559USD275

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 2021-12-31121,851,033USD
At 2021-03-3177,534,635USD

Interest expense

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

PeriodValueUnitDays
2021-10-01 to 2021-12-3158,385USD92
2021-04-01 to 2021-12-31153,891USD275
2020-10-01 to 2020-12-316,148USD92
2020-04-01 to 2020-12-3118,356USD275

Current liabilities

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

PeriodValueUnitDays
At 2021-12-3143,818,798USD
At 2021-03-3129,072,271USD

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 2021-12-3126,243,498USD
At 2021-03-3120,377,967USD

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
2021-04-01 to 2021-12-31102,075USD275
2020-04-01 to 2020-12-311,143,356USD275

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2021-10-01 to 2021-12-31920,000USD92
2021-04-01 to 2021-12-314,662,000USD275
2020-10-01 to 2020-12-31736,000USD92
2020-04-01 to 2020-12-312,188,000USD275

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 2021-12-3184,554,493USD
At 2021-03-3136,016,093USD

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
2021-10-01 to 2021-12-311,994,242USD92
2021-04-01 to 2021-12-3110,634,407USD275
2020-10-01 to 2020-12-311,725,143USD92
2020-04-01 to 2020-12-314,518,785USD275

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 2021-12-31-6,858,575USD
At 2021-03-31-11,187,841USD

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 2021-12-3125,671,208USD
At 2021-03-3130,180,893USD

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 2021-12-31261,541USD
At 2021-03-31315,978USD

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
2021-10-01 to 2021-12-31-3,929,514USD92
2021-04-01 to 2021-12-3127,831,477USD275
2020-10-01 to 2020-12-312,768,897USD92
2020-04-01 to 2020-12-311,319,546USD275

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
2021-10-01 to 2021-12-3110,833,585USD92
2021-04-01 to 2021-12-3125,856,844USD275
2020-10-01 to 2020-12-314,787,668USD92
2020-04-01 to 2020-12-313,678,801USD275

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
2021-04-01 to 2021-12-31994,209USD275
2020-04-01 to 2020-12-31730,254USD275

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
2021-10-01 to 2021-12-311,727,134USD92
2021-04-01 to 2021-12-31-4,801,121USD275
2020-10-01 to 2020-12-314,339USD92
2020-04-01 to 2020-12-3112,987USD275

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
2021-10-01 to 2021-12-31-855,309USD92
2021-04-01 to 2021-12-316,639,198USD275
2020-10-01 to 2020-12-31757,097USD92
2020-04-01 to 2020-12-31634,056USD275

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
2021-10-01 to 2021-12-31-112,372USD92
2021-04-01 to 2021-12-31-335,299USD275
2020-10-01 to 2020-12-31-117,945USD92
2020-04-01 to 2020-12-31-335,388USD275

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2021-04-01 to 2021-12-31154,000USD275
2020-04-01 to 2020-12-316,000USD275

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
2021-04-01 to 2021-12-317,487,000USD275
2020-04-01 to 2020-12-3110,000USD275

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
2021-04-01 to 2021-12-315,865,531USD275
2020-04-01 to 2020-12-31428,031USD275

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
2021-04-01 to 2021-12-3148,538,400USD275
2020-04-01 to 2020-12-31-5,263,830USD275

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.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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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"])))