Friedman Industries Financial Health

How is Friedman Industries's financial position?

[object Object] Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: FRD's short term assets ($209.0M) exceed its short term liabilities ($55.3M).

Long Term Liabilities: FRD's short term assets ($209.0M) exceed its long term liabilities ($104.0M).


Debt to Equity History and Analysis

Debt Level: FRD's net debt to equity ratio (97.3%) is considered high.

Reducing Debt: Insufficient data to determine if FRD's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: FRD's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: FRD's interest payments on its debt are well covered by EBIT (40.6x coverage).


Balance Sheet


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