Friedman Industries Inc. Common Stock (FRD) — Working Capital to Net Assets Ratio
Friedman Industries Inc. Common Stock (FRD) has a Working Capital to Net Assets ratio of 114.8% as of September 2025. Working capital of $159.95 Million (current assets of $231.32 Million minus current liabilities of $71.38 Million) is measured against net assets of $139.27 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Friedman Industries Inc. Common Stock balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Friedman Industries Inc. Common Stock Working Capital to Net Assets (1986–2025)
This chart shows how Friedman Industries Inc. Common Stock's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of September 2025, the ratio stands at 114.8%, reflecting working capital of $159.95 Million against net assets of $139.27 Million USD. Check FRD tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Friedman Industries Inc. Common Stock (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Friedman Industries Inc. Common Stock from 1986 to 2025, covering 40 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Friedman Industries Inc. Common Stock market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 96.8% | $128.14 Million | $132.43 Million | $166.47 Million | $38.32 Million | ▲ +5.8 pp |
| 2024 | 91.0% | $115.96 Million | $127.47 Million | $170.06 Million | $54.11 Million | ▲ +5.6 pp |
| 2023 | 85.4% | $98.57 Million | $115.43 Million | $143.66 Million | $45.09 Million | ▲ +4.4 pp |
| 2022 | 81.0% | $64.55 Million | $79.69 Million | $125.36 Million | $60.81 Million | ▲ +6.8 pp |
| 2021 | 74.2% | $48.46 Million | $65.34 Million | $77.53 Million | $29.07 Million | ▼ -8.9 pp |
| 2020 | 83.1% | $55.57 Million | $66.87 Million | $65.21 Million | $9.65 Million | ▼ -2.6 pp |
| 2019 | 85.7% | $62.09 Million | $72.48 Million | $74.46 Million | $12.36 Million | ▲ +8.0 pp |
| 2018 | 77.6% | $48.95 Million | $63.05 Million | $59.98 Million | $11.03 Million | ▲ +6.3 pp |
| 2017 | 71.4% | $43.08 Million | $60.36 Million | $45.43 Million | $2.36 Million | ▼ -2.7 pp |
| 2016 | 74.1% | $46.84 Million | $63.24 Million | $49.70 Million | $2.87 Million | ▼ -1.0 pp |
| 2015 | 75.1% | $47.47 Million | $63.22 Million | $50.12 Million | $2.65 Million | ▼ -7.2 pp |
| 2014 | 82.3% | $52.08 Million | $63.31 Million | $59.85 Million | $7.77 Million | ▼ -0.3 pp |
| 2013 | 82.5% | $51.97 Million | $62.96 Million | $64.28 Million | $12.31 Million | ▲ +1.9 pp |
| 2012 | 80.7% | $51.15 Million | $63.42 Million | $65.01 Million | $13.85 Million | ▲ +4.0 pp |
| 2011 | 76.7% | $45.09 Million | $58.80 Million | $54.56 Million | $9.47 Million | ▲ +3.7 pp |
| 2010 | 73.0% | $41.13 Million | $56.36 Million | $48.70 Million | $7.58 Million | ▲ +2.9 pp |
| 2009 | 70.1% | $39.32 Million | $56.11 Million | $42.67 Million | $3.35 Million | ▼ -7.0 pp |
| 2008 | 77.0% | $34.64 Million | $44.96 Million | $49.42 Million | $14.78 Million | ▲ +9.5 pp |
| 2007 | 67.6% | $28.46 Million | $42.11 Million | $51.73 Million | $23.27 Million | ▼ -11.0 pp |
| 2006 | 78.6% | $29.17 Million | $37.10 Million | $47.55 Million | $18.38 Million | ▼ -2.1 pp |
| 2005 | 80.7% | $28.54 Million | $35.35 Million | $43.50 Million | $14.96 Million | ▲ +4.5 pp |
| 2004 | 76.3% | $25.19 Million | $33.03 Million | $37.83 Million | $12.64 Million | ▲ +0.3 pp |
| 2003 | 76.0% | $23.73 Million | $31.25 Million | $34.77 Million | $11.04 Million | ▼ -6.1 pp |
| 2002 | 82.0% | $25.01 Million | $30.49 Million | $35.81 Million | $10.80 Million | ▼ -10.0 pp |
| 2001 | 92.0% | $27.96 Million | $30.38 Million | $40.23 Million | $12.27 Million | ▼ -7.8 pp |
| 2000 | 99.8% | $28.57 Million | $28.62 Million | $36.95 Million | $8.38 Million | ▲ +6.0 pp |
| 1999 | 93.8% | $25.70 Million | $27.40 Million | $32.50 Million | $6.80 Million | ▼ -7.0 pp |
| 1998 | 100.8% | $25.90 Million | $25.70 Million | $39.30 Million | $13.40 Million | ▼ -1.0 pp |
| 1997 | 101.8% | $23.20 Million | $22.80 Million | $33.40 Million | $10.20 Million | ▼ -1.7 pp |
| 1996 | 103.4% | $21.10 Million | $20.40 Million | $27.50 Million | $6.40 Million | ▼ -4.6 pp |
| 1995 | 108.0% | $20.20 Million | $18.70 Million | $26.00 Million | $5.80 Million | ▲ +18.9 pp |
| 1994 | 89.1% | $15.50 Million | $17.40 Million | $21.00 Million | $5.50 Million | ▲ +10.3 pp |
| 1993 | 78.8% | $13.00 Million | $16.50 Million | $16.50 Million | $3.50 Million | ▲ +0.9 pp |
| 1992 | 77.9% | $12.70 Million | $16.30 Million | $15.50 Million | $2.80 Million | ▼ -9.8 pp |
| 1991 | 87.7% | $14.30 Million | $16.30 Million | $16.80 Million | $2.50 Million | ▼ -4.2 pp |
| 1990 | 92.0% | $14.90 Million | $16.20 Million | $16.70 Million | $1.80 Million | ▼ -2.9 pp |
| 1989 | 94.9% | $14.90 Million | $15.70 Million | $19.60 Million | $4.70 Million | ▼ -0.5 pp |
| 1988 | 95.4% | $14.60 Million | $15.30 Million | $18.10 Million | $3.50 Million | ▼ -3.1 pp |
| 1987 | 98.5% | $33.00 Million | $33.50 Million | $36.00 Million | $3.00 Million | ▼ -0.6 pp |
| 1986 | 99.1% | $32.30 Million | $32.60 Million | $35.20 Million | $2.90 Million | — |