Friedman Non Current Liabilities Other from 2010 to 2024

FRD Stock  USD 15.89  0.56  3.40%   
Friedman Industries' Non Current Liabilities Other is decreasing over the years with slightly volatile fluctuation. Non Current Liabilities Other is expected to dwindle to about 82.1 K. During the period from 2010 to 2024 Friedman Industries Non Current Liabilities Other annual values regression line had geometric mean of  372,277 and mean square error of 33.4 B. View All Fundamentals
 
Non Current Liabilities Other  
First Reported
2011-06-30
Previous Quarter
1.2 M
Current Value
96 K
Quarterly Volatility
549 K
 
Yuan Drop
 
Covid
Check Friedman Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Friedman Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 M, Interest Expense of 3.2 M or Total Revenue of 542.1 M, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0042 or PTB Ratio of 1.03. Friedman financial statements analysis is a perfect complement when working with Friedman Industries Valuation or Volatility modules.
  
Check out the analysis of Friedman Industries Correlation against competitors.
For information on how to trade Friedman Stock refer to our How to Trade Friedman Stock guide.

Latest Friedman Industries' Non Current Liabilities Other Growth Pattern

Below is the plot of the Non Current Liabilities Other of Friedman Industries over the last few years. It is Friedman Industries' Non Current Liabilities Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Friedman Industries' overall financial position and show how it may be relating to other accounts over time.
Non Current Liabilities Other10 Years Trend
Slightly volatile
   Non Current Liabilities Other   
       Timeline  

Friedman Non Current Liabilities Other Regression Statistics

Arithmetic Mean523,854
Geometric Mean372,277
Coefficient Of Variation70.61
Mean Deviation322,996
Median472,216
Standard Deviation369,918
Sample Variance136.8B
Range1M
R-Value(0.88)
Mean Square Error33.4B
R-Squared0.77
Significance0.000016
Slope(72,747)
Total Sum of Squares1.9T

Friedman Non Current Liabilities Other History

202482.1 K
202386.4 K
202296 K
2021221.8 K
2020424.6 K
2019472.2 K
2018210.3 K

About Friedman Industries Financial Statements

Friedman Industries stakeholders use historical fundamental indicators, such as Friedman Industries' Non Current Liabilities Other, to determine how well the company is positioned to perform in the future. Although Friedman Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Friedman Industries' assets and liabilities are reflected in the revenues and expenses on Friedman Industries' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Friedman Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Current Liabilities Other86.4 K82.1 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Friedman Industries is a strong investment it is important to analyze Friedman Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Friedman Industries' future performance. For an informed investment choice regarding Friedman Stock, refer to the following important reports:
Check out the analysis of Friedman Industries Correlation against competitors.
For information on how to trade Friedman Stock refer to our How to Trade Friedman Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Friedman Industries. If investors know Friedman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Friedman Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
0.14
Earnings Share
1.14
Revenue Per Share
66.665
Quarterly Revenue Growth
1.802
The market value of Friedman Industries is measured differently than its book value, which is the value of Friedman that is recorded on the company's balance sheet. Investors also form their own opinion of Friedman Industries' value that differs from its market value or its book value, called intrinsic value, which is Friedman Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Friedman Industries' market value can be influenced by many factors that don't directly affect Friedman Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Friedman Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Friedman Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Friedman Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.