Financial Statements

ECN Capital Corp. (ECN.TO)


-0.06 (-1.02%)
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) -162565151-
Net Income 970-14-15-157190
Stock Dividends -55-594-18
Dividend Paid -1,456-32-20-23-21
Retained Earnings -508-162565151

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 193816920-
Annual Depreciation 51-1729-904934
Capital Expenditure -8-3-6--14
Net PPE 62193816920

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -280413421422
New Purchases -----
Intangible and Goodwill 280413421422230

ECN Capital Corp. 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 ECN Capital Corp. 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.