Financial Statements

Clearfield, Inc. (CLFD)

$57.64

+1.75 (+3.13%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 2518139-
Net Income 207544
Stock Dividends ----5
Dividend Paid -----
Retained Earnings 452518139

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 8555-
Annual Depreciation 24317
Capital Expenditure -2-2-3-1-2
Net PPE 78555

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -3555
New Purchases -18-7-20-34-25
Intangible and Goodwill 35555

Clearfield, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Clearfield, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.