Friedman Industries Inc Liquidation Value

FRD Other

Cash & Equivalents

$3.00M
As of 2025-12-31
Current Price: N/A

Key Metrics

Cash Liquidation Value

Cash minus Total Obligations
Cash: $3.00M
Total Obligations: -$69.45M
$-66.44M
Per share: $-9.54
Period: 2025-12-31

Liquid Liquidation Value

Cash + AR minus Total Obligations
Cash: $3.00M
AR: $55.80M
Total Obligations: -$69.45M
$-10.64M
Per share: $-1.53
Period: 2025-12-31

Operating Liquidation Value

Cash + AR + Inventory minus Total Obligations
Cash: $3.00M
AR: $55.80M
Inventory: $169.17M
Total Obligations: -$69.45M
$158.53M
Per share: $22.76
Period: 2025-12-31

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Liquidation Ladder

MetricTotalPer Share
Cash Liquidation Value$-66.44M$-9.54
Liquid Liquidation Value$-10.64M$-1.53
Operating Liquidation Value$158.53M$22.76

Key Components (as of 2025-12-31)

Cash & Equivalents$3.00M
Accounts Receivable$55.80M
Inventory$169.17M
Current Liabilities$64.41M
Long-term DebtN/A
Op. Lease Liability$5.04M
Finance Lease$0
Shares Outstanding7.0M

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Historical

PeriodCashARInventoryAPCurr LiabLT DebtOp LeaseFin Lease
2025-12-31$3.00M$55.80M$169.17MN/A$64.41MN/A$5.04MN/A
2025-09-30$4.59M$62.26M$161.57MN/A$71.38MN/A$5.22MN/A
2025-06-30$2.10M$50.72M$103.46MN/A$40.48MN/A$2.88MN/A
2025-03-31$3.69M$47.48M$113.69MN/A$38.32MN/A$2.91M$0
2024-12-31$1.07M$31.73M$115.39MN/A$42.28MN/A$2.95M$0
2024-09-30$2.47M$39.62M$105.05MN/A$36.37MN/A$2.98M$0
2024-06-30$4.15M$37.76M$119.80MN/A$38.80MN/A$3.01M$27,000
2024-03-31$2.89M$47.33M$115.80MN/A$54.11MN/A$2.88M$54,000

Comments

SEC Filings

PeriodFormFiledLink
2025-12-31 10-Q 2026-02-09 View
2025-09-30 10-Q 2025-11-10 View
2025-06-30 10-Q 2025-08-07 View
2025-03-31 10-K 2025-06-12 View
2024-12-31 10-Q 2025-02-07 View
2024-09-30 10-Q 2024-11-12 View
2024-06-30 10-Q 2024-08-08 View
2024-03-31 10-K/A 2025-01-23 View

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