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Friedman Industries Inc (FRD)

Friedman Industries Inc (FRD)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 03/31

(Values in U.S. thousands)
  12-2023 09-2023 06-2023 03-2023 12-2022
Cash Flows From Operating Activities
Net Income 12,387 11,203 7,690 21,344 15,031
Depreciation Amortization 2,293 1,531 771 2,526 1,879
Income taxes - deferred -41 -33 -17 3,326 -47
Accounts receivable 4,945 -2,958 2,592 -13,696 -7,402
Other Working Capital -13,339 -31,542 -12,149 35,936 28,365
Other Operating Activity -5,228 1,563 -3,470 14,458 6,273
Operating Cash Flow $1,017 $-20,236 $-4,583 $63,894 $44,099
Cash Flows From Investing Activities
PPE Investments -4,774 -2,883 -450 -16,454 -8,279
Net Acquisitions N/A N/A N/A -71,720 -71,720
Other Investing Activity -10 -7 -2 -13 -10
Investing Cash Flow $-4,784 $-2,890 $-452 $-88,187 $-80,009
Cash Flows From Financing Activities
Change In Short Term Borrowing 609,991 420,178 N/A N/A N/A
Debt Issued N/A N/A 204,312 740,944 26,075
Debt Repayment -597,224 -398,987 -198,157 -726,368 -79
Common Stock Repurchased -5,151 -4 N/A -37 -37
Dividend Paid -443 -295 -148 -589 -442
Other Financing Activity 0 0 0 -393 -329
Financing Cash Flow $7,173 $20,892 $6,007 $13,557 $25,188
Beginning Cash Position 5,386 5,386 5,386 16,122 16,122
End Cash Position 8,792 3,152 6,358 5,386 5,400
Net Cash Flow $3,406 $-2,234 $972 $-10,736 $-10,722
Free Cash Flow
Operating Cash Flow 1,017 -20,236 -4,583 63,894 44,099
Capital Expenditure -4,774 -2,883 -450 -16,454 -8,279
Free Cash Flow -3,757 -23,119 -5,033 47,440 35,820
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