On this page of Benford's Law Stocks.com we present our study of FRIEDMAN INDUSTRIES INC — ticker symbol FRD. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 8/14/2019 to 6/11/2024 for FRIEDMAN INDUSTRIES INC under CIK number 0000039092. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for FRD, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for FRIEDMAN INDUSTRIES INC based on the past FRD filings our system processed in the past.
27.5
16.1
14.1
11.5
11.7
3.8
5.7
4.0
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 523
Recent share count: 6,976,311 (6's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
523
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 5 numbers to move any given column by a full percentage point.
53

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 3's percentage was above the company's typical historical range.
 • We deducted points upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 4's percentage was above the company's typical historical range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the company's typical historical range.
 • We deducted points upon observing the 6's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 6's percentage was below the company's typical historical range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range.
Benford's Law Stocks Indicator
FRD
Low score compared to other filers, falling in the bottom quartile.
UBX
AAAU
CTNT
CYRB
VIRX
DLA
KLG
SPGC
Check our work! We provide our FRIEDMAN INDUSTRIES INC Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the FRD filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 144 numbers that start with the digit 1. Here they are:
183
1
1
10,000,000
10,000,000
1,896,892
1,493,128
115,804
170,064
143,656
1,670
1,670
1,977
1,167
1,270
199,312
148
107
1,686
105
1,222
102,544
12,929
127,475
115,432
199,312
1,848
17,345
10
17,345
17,662
10,269
115,432
17,345
17,345
12,929
127,475
17,345
13,696
1,404
1,173
1,363
18,875
1,439
1,339
100
16,454
13
13
107
105
1,337
13,557
10,736
16,122
1
17,030
13,082
115,804
1
1
16
15
18,022
1,237
19,065
1,237
1.2
139,523
100,366
15.61
1
117,998
1,000,000
1
1,045,774
150
1
1.8
15
1.10
103.0
13,000
11,000
106
105
127
1,270
1,700
101
101
107
1,168
1,430
1.9
1
1.8
1,686
1.6
1,848
1
10,269
1.0
1,612
1,612
1,612
1,612
1,676
1,676
1,676
1,676
17,345
177
17,168
1,384
1,248
1,285
106
136
133
1,194
1,429
101
101
13,121
13,121
1
15
11,688
10,988
1,848
179,780
19,589
15,858
195,638
199,312
116
16,328
125
106
1
16,454
183
183
We found 84 numbers that start with the digit 2. Here they are:
2
2,891
2,992
28,550
28,455
2,841
230,019
2,213
279
2,212
2,782
230,019
26,690
21,146
23,791
24,483
21,039
21,894
2,526
24,518
21,074
2,218
20
27
23,314
28,189
21,344
2.39
2.91
2.39
2.91
21,344
21,344
21,344
246
246
21,344
2,526
246
2,038
29,558
2
2.0
2
22.5
25
234
236
2,841
2,782
2,937
299
2,883
22.2
26.5
2.0
2.2
2.5
2,212
24,300
2.4
21,344
21,015
2,135
21.0
21.0
25.6
24.2
26
25
23,421
2,980
2,218
20
27
23,314
28,189
205,797
225,386
230,019
2,637
2,097
2,526
2,751
We found 74 numbers that start with the digit 3. Here they are:
3,966
30,900
31,396
356
36,847
350
33,117
35,247
35,005
317
3,070
3,072
3,519
3,326
317
317
31,296
30,442
303
303
37
37
317
35,005
317
317
35,247
3,070
3,326
303
3,564
350
393
37
3.0
3.9
31,000
3
3
3,723
3
343
3,245
303
311
319
3,392
3.0
33,000
317
317
317
3,122
317
3.0
329
3,425
321
3.5
3
3
317
317
3,169
3,169
33,226
36,206
32,062
3,072
3,674
317
330
3,070
38
4's 5's 6's
We found 60 numbers that start with the digit 4. Here they are:
47,329
49,367
4,515
453
43,886
4,650
45,088
4,357
40,293
417,143
456,419
491,733
4,268
4,784
4
4
459
418
4,773
41
4,979
4,185
4,858
4
4.8
4.8
46,857
4,487
40,366
400,041
4,162
40.3
4
4
404
430
418
418
4,116
4,116
4,500
48,049
4,248
473
4,721
4.3
403
4,357
418
418
4
472,774
485,641
43,477
4,633
467,510
482,890
43,477
43,477
48
We found 61 numbers that start with the digit 5. Here they are:
536
53,607
51,001
56,758
53,933
5,989
54
54,107
5,257
516,251
547,542
526,468
5,175
5,969
58,909
516
5,151
5,151
59,247
5,792
5,805
581
589
5,151
511
5,386
5,897
5,386
5,193
516,041
516,041
516,041
500,000
5.96
5.1
5
5,000
5
54
54
54
5,043
54
54
536
55,546
5,560
5,969
5,786
5,786
552
548
526
5,257
5
516,251
547,542
5,176
510
5,792
5,264
We found 20 numbers that start with the digit 6. Here they are:
6,969,695
6,845
600
600
64
63,894
63,113
6.21
6.08
6.27
64,487
6.62
6,275
6,830
6,845
6,451
6,451
61,901
61,901
61,901
7's 8's 9's
We found 30 numbers that start with the digit 7. Here they are:
74
774
7,778
79,653
794
7,741
79,686
7,778
79,653
714
714
794
7,039
774
71,720
740,944
726,263
76.5
71.7
71.9
77,546
76,503
7,700
7.5
7.5
70,000
74
7,183,702
7,216,142
77
We found 21 numbers that start with the digit 8. Here they are:
8,873,203
8,868,716
86,246
83,880
8,873
8,869
8,345
8
8
8,869
8,873
8
88,187
831,436
824,260
85,483
86,246
85
8,641
86
85
We found 29 numbers that start with the digit 9. Here they are:
92.0
97
96
96,284
9,306
9,952
9,952
9,952
9,952
96,284
9
9,106
9.10
90
9,000
9,005
9,005
9,306
9,952
927
99
91
9,952
9,952
9,306
99
97
98
98
While the above FRD 10K Filed 6/11/2024 is interesting in isolation, we have found that it is also useful to take a look at older FRIEDMAN INDUSTRIES INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10K Filed 6/11/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical FRD 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

27.5
16.1
14.1
11.5
11.7
3.8
5.7
4.0
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 53
XBRL?   [ original filing ]
Total numbers found: 523

= Typical FRD range from 8/14/2019 to 6/11/2024
35.5
13.7
9.2
9.2
6.9
3.8
12.8
5.9
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 45
XBRL?   [ original filing ]
Total numbers found: 422

= Typical FRD range from 8/14/2019 to 6/11/2024
35.7
15.8
10.0
6.4
8.2
6.7
8.5
5.4
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 613

= Typical FRD range from 8/14/2019 to 6/11/2024
29.9
17.1
11.9
9.6
7.2
8.2
7.6
5.4
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 596

= Typical FRD range from 8/14/2019 to 6/11/2024
42.2
12.1
14.2
6.0
4.7
5.6
5.2
3.4
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 60
XBRL?   [ original filing ]
Total numbers found: 232

= Typical FRD range from 8/14/2019 to 6/11/2024
30.8
17.3
15.5
5.2
9.6
5.2
4.4
7.6
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL?   [ original filing ]
Total numbers found: 542

= Typical FRD range from 8/14/2019 to 6/11/2024
27.9
16.5
13.4
6.4
8.3
6.4
6.9
9.4
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 53
XBRL?   [ original filing ]
Total numbers found: 605

= Typical FRD range from 8/14/2019 to 6/11/2024
34.3
11.0
12.2
10.7
5.3
3.1
11.7
8.5
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 39
XBRL?   [ original filing ]
Total numbers found: 589

= Typical FRD range from 8/14/2019 to 6/11/2024
34.4
15.3
10.6
8.3
9.7
4.5
5.6
5.0
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 62
XBRL?   [ original filing ]
Total numbers found: 555

= Typical FRD range from 8/14/2019 to 6/11/2024
39.8
16.6
8.8
6.8
7.0
4.6
8.8
5.0
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 457

= Typical FRD range from 8/14/2019 to 6/11/2024
31.6
17.0
10.8
8.9
7.7
7.7
6.0
6.0
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 519

= Typical FRD range from 8/14/2019 to 6/11/2024
29.6
18.6
13.8
6.0
7.4
7.2
7.2
7.0
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 705

= Typical FRD range from 8/14/2019 to 6/11/2024
38.9
15.3
13.0
7.4
4.2
5.1
5.6
4.6
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL?   [ original filing ]
Total numbers found: 216

= Typical FRD range from 8/14/2019 to 6/11/2024
24.9
19.7
13.2
8.4
7.8
5.7
5.7
9.6
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL?   [ original filing ]
Total numbers found: 477

= Typical FRD range from 8/14/2019 to 6/11/2024
35.3
15.1
12.8
8.5
7.9
3.8
10.1
4.9
1.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 555

= Typical FRD range from 8/14/2019 to 6/11/2024
34.4
12.4
9.5
11.2
5.7
6.1
9.7
6.0
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL?   [ original filing ]
Total numbers found: 651

= Typical FRD range from 8/14/2019 to 6/11/2024
36.5
13.7
8.8
7.1
10.3
6.0
5.4
6.7
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 534

= Typical FRD range from 8/14/2019 to 6/11/2024
36.6
17.9
10.1
6.8
6.8
5.5
5.7
7.3
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 385

= Typical FRD range from 8/14/2019 to 6/11/2024
31.8
14.9
13.2
7.8
8.9
6.4
6.2
6.8
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 644

= Typical FRD range from 8/14/2019 to 6/11/2024
25.6
20.3
10.8
6.7
7.9
6.1
7.3
9.2
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 45
XBRL?   [ original filing ]
Total numbers found: 660

= Typical FRD range from 8/14/2019 to 6/11/2024
 

Benford's Law FRD Stock (FRIEDMAN INDUSTRIES INC) | www.Benford'sLawStocks.com
Copyright © 2023 - 2024, All Rights Reserved

Nothing in BenfordsLawStocks.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.