FRD
Price:
$37.42
Market Cap:
$265.96M
Friedman Industries, Inc. (FRD) is a U.S.-based company primarily involved in the processing and manufacturing of steel and pipe, as well as their distribution. The firm operates through two distinct divisions: Coil and Tubular. The Coil segment specializes in converting steel coils into flat sheet and plate steel, cut precisely to client specifications. It also resells steel coils and offers processing services for materials owned by customers, for which it charges a fee. This division serves approximately 230 customers, predominantly located in the central and southern United States, including steel distributors and manufacturers. These manufacturers utilize the steel to produce a wide arr...[Read more]
Industry
Steel
IPO Date
1980-03-17
Stock Exchange
NASDAQ
Ticker
FRD
According to Friedman Industries, Incorporated’s latest financial reports and current stock price. The company's current Current Ratio is 3.38. This represents a change of -4.32% compared to the average of 3.53 of the last 4 quarters.
The mean historical Current Ratio of Friedman Industries, Incorporated over the last ten years is 5.63. The current 3.38 Current Ratio has changed 5.90% with respect to the historical average. Over the past ten years (40 quarters), FRD's Current Ratio was at its highest in in the December 2016 quarter at 19.73. The Current Ratio was at its lowest in in the June 2021 quarter at 1.63.
Average
5.63
Median
3.86
Minimum
2.06
Maximum
19.28
Discovering the peaks and valleys of Friedman Industries, Incorporated Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 54.55%
Maximum Annual Current Ratio = 19.28
Minimum Annual Increase = -71.80%
Minimum Annual Current Ratio = 2.06
| Year | Current Ratio | Change |
|---|---|---|
| 2026 | 3.38 | -22.29% |
| 2025 | 4.34 | 38.20% |
| 2024 | 3.14 | -1.35% |
| 2023 | 3.19 | 54.55% |
| 2022 | 2.06 | -22.70% |
| 2021 | 2.67 | -60.55% |
| 2020 | 6.76 | 12.28% |
| 2019 | 6.02 | 10.74% |
| 2018 | 5.44 | -71.80% |
| 2017 | 19.28 | 11.16% |
The current Current Ratio of Friedman Industries, Incorporated (FRD) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
3.62
5-year avg
3.22
10-year avg
5.63
Friedman Industries, Incorporated’s Current Ratio is greater than Core Molding Technologies, Inc. (2.41), greater than Hongli Group Inc. (1.12), less than Ascent Industries Co. (8.69), greater than BioHarvest Sciences Inc. Common Stock (2.96), greater than Luda Technology Group Limited (1.63), less than FutureFuel Corp. (4.79), greater than Lavoro Limited (0.59), greater than TRX Gold Corporation (2.37), greater than Smith-Midland Corporation (3.11), less than U.S. GoldMining Inc. (10.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.41 | $211.81M | |
| 1.12 | $32.81M | |
| 8.69 | $126.17M | |
| 2.96 | $56.49M | |
| 1.63 | $124.80M | |
| 4.79 | $185.98M | |
| 0.59 | $15.06M | |
| 2.37 | $298.03M | |
| 3.11 | $161.90M | |
| 10.12 | $112.84M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Friedman Industries, Incorporated using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Friedman Industries, Incorporated or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Friedman Industries, Incorporated's Current Ratio?
How is the Current Ratio calculated for Friedman Industries, Incorporated (FRD)?
What is the highest Current Ratio for Friedman Industries, Incorporated (FRD)?
What is the 3-year average Current Ratio for Friedman Industries, Incorporated (FRD)?
What is the 5-year average Current Ratio for Friedman Industries, Incorporated (FRD)?
How does the current Current Ratio for Friedman Industries, Incorporated (FRD) compare to its historical average?