According to Friedman Industries latest financial reports the total debt is $33.12M, an increase of 79.63% to 2022. At the end of 2022 company had $18.44M total debt. This figure represents the debts and financial obligations that Friedman Industries combine short-term debt, long-term debt, and other fixed payment obligations (such as capital leases) of a business that are incurred while under normal operating cycles.
Year | Total debt | Change |
---|---|---|
2023 | $33.12M | 79.63% |
2022 | $18.44M | 10620.16% |
2021 | $171.97K | -53.81% |
2020 | $372.35K | - |