Financial Statements

Equitable Group Inc. (EQB.TO)

$59.33

+0.46 (+0.78%)
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) 1,3881,1931,015866-
Net Income 293224206166161
Stock Dividends -0-035725
Dividend Paid -30-29-31-22-20
Retained Earnings 1,6511,3881,1931,015866

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 26311818-
Annual Depreciation 3423342027
Capital Expenditure -39-28-20-20-10
Net PPE 2226311818

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) ---1717
New Purchases -40-113-259-381-982
Intangible and Goodwill --171717

Equitable Group 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 Equitable Group 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.