Friedman Industries Inc (FRD)
14.22
-0.13
(-0.91%)
USD |
NYAM |
Nov 04, 13:35
Friedman Industries Debt to Equity Ratio: 0.3554 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.3554 |
| March 31, 2024 | 0.3161 |
| December 31, 2023 | 0.3745 |
| September 30, 2023 | 0.4287 |
| June 30, 2023 | 0.3185 |
| March 31, 2023 | 0.2869 |
| December 31, 2022 | 0.4096 |
| September 30, 2022 | 0.3395 |
| June 30, 2022 | 0.9966 |
| March 31, 2022 | 0.2314 |
| December 31, 2021 | 0.1668 |
| September 30, 2021 | 0.1815 |
| June 30, 2021 | 0.1726 |
| March 31, 2021 | 0.0259 |
| December 31, 2020 | 0.0244 |
| September 30, 2020 | 0.0259 |
| June 30, 2020 | 0.0256 |
| March 31, 2020 | 0.00 |
| December 31, 2019 | 0.00 |
| September 30, 2019 | 0.00 |
| June 30, 2019 | 0.00 |
| March 31, 2019 | 0.00 |
| December 31, 2018 | 0.00 |
| September 30, 2018 | 0.00 |
| June 30, 2018 | 0.00 |
| Date | Value |
|---|---|
| March 31, 2018 | 0.00 |
| December 31, 2017 | 0.0615 |
| September 30, 2017 | 0.00 |
| June 30, 2017 | 0.00 |
| March 31, 2017 | 0.00 |
| December 31, 2016 | 0.00 |
| September 30, 2016 | 0.00 |
| June 30, 2016 | 0.00 |
| March 31, 2016 | 0.00 |
| December 31, 2015 | 0.00 |
| September 30, 2015 | 0.00 |
| June 30, 2015 | 0.00 |
| March 31, 2015 | 0.00 |
| December 31, 2014 | 0.00 |
| September 30, 2014 | 0.00 |
| June 30, 2014 | 0.00 |
| March 31, 2014 | 0.00 |
| December 31, 2013 | 0.00 |
| September 30, 2013 | 0.00 |
| June 30, 2013 | 0.00 |
| March 31, 2013 | 0.00 |
| December 31, 2012 | 0.00 |
| September 30, 2012 | 0.00 |
| June 30, 2012 | 0.00 |
| March 31, 2012 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Dec 2019
0.9966
Maximum
Jun 2022
0.2463
Average
0.2314
Median
Mar 2022
Debt to Equity Ratio Benchmarks
| Commercial Metals Co | 0.2767 |
| Nucor Corp | 0.3389 |
| Radius Recycling Inc | 0.6656 |
| Steel Dynamics Inc | 0.4056 |
| Universal Stainless & Alloy Products Inc | 0.2735 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 222.79M |
| Total Liabilities (Quarterly) | 93.10M |
| Shareholders Equity (Quarterly) | 129.69M |
| Current Ratio | 4.186 |
| Net Debt Paydown Yield | -2.46% |