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Friedman Industries (FRD)

Friedman Industries, Inc. engages in the provision of manufacture and trade of steel products. It operates through the Coil, and Tubular segments. The Coil segment produces and markets hot-rolled steel and coils. The Tubular segment focuses on the operation of two electric resistance welded pipe mills with a combined outside diameter. The company was founded by Mendel Friedman in 1965 and is headquartered in Longview, TX.

Company profile

Ticker
FRD
Exchange
CEO
Michael J. Taylor
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
FRIEDMAN/DECATUR, L.L.C. ...
IRS number
741504405

FRD stock data

Calendar

10 Aug 22
19 Aug 22
31 Mar 23
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Mar 22 Mar 21 Mar 20 Mar 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 2.6M 2.6M 2.6M 2.6M 2.6M 2.6M
Cash burn (monthly) 561.21K 466.07K 3.17M (no burn) (no burn) 1.12M
Cash used (since last report) 2.61M 2.17M 14.72M n/a n/a 5.19M
Cash remaining -10.17K 431.97K -12.12M n/a n/a -2.59M
Runway (months of cash) -0.0 0.9 -3.8 n/a n/a -2.3

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
22 Jun 22 Sharon L Taylor Common Stock Grant Acquire A No No 8 100 800 100
1 Apr 22 Mike J Taylor Common Stock Payment of exercise Dispose F No No 8.51 2,422 20.61K 119,722
1 Apr 22 Alex LaRue Common Stock Payment of exercise Dispose F No No 8.51 243 2.07K 41,907
4 Jan 22 Alex LaRue Common Stock Payment of exercise Dispose F No No 9.65 12,851 124.01K 42,150
33.4% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 21 14 +50.0%
Opened positions 10 0 NEW
Closed positions 3 14 -78.6%
Increased positions 2 6 -66.7%
Reduced positions 5 4 +25.0%
13F shares Current Prev Q Change
Total value 21.23M 20.72M +2.5%
Total shares 2.46M 1.99M +23.9%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Dimensional Fund Advisors 539.05K $4.75M -1.1%
Renaissance Technologies 439.81K $3.88M -9.9%
NILE BitNile 334.7K $2.49M -38.0%
Vanguard 285.53K $2.52M NEW
Bridgeway Capital Management 219.42K $1.93M NEW
Acadian Asset Management 95.87K $843K -8.7%
HHM Wealth Advisors 88.43K $779K 0.0%
MS Morgan Stanley 81.21K $715K NEW
Shufro Rose & Co 70.45K $621K +64.4%
Callahan Advisors 66.67K $587K +3.2%
Largest transactions Shares Bought/sold Change
Vanguard 285.53K +285.53K NEW
Bridgeway Capital Management 219.42K +219.42K NEW
NILE BitNile 334.7K -205.3K -38.0%
MS Morgan Stanley 81.21K +81.21K NEW
Susquehanna International 60.85K +60.85K NEW
Renaissance Technologies 439.81K -48.21K -9.9%
Shufro Rose & Co 70.45K +27.59K +64.4%
STT State Street 23.25K +23.25K NEW
Gendell Jeffrey L 18.62K +18.62K NEW
Marshall Wace 14.67K +14.67K NEW

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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