Financial Statements

Globus Medical, Inc. (GMED)


+1.14 (+1.54%)
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) 1,0451,048893736-
Net Income 149102155156107
Stock Dividends -0-105--629
Dividend Paid -----
Retained Earnings 1,1941,0451,048893736

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 217200172143-
Annual Depreciation 61819988194
Capital Expenditure -57-64-71-60-51
Net PPE 221217200172143

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -124124129157
New Purchases -393-538-347-224-622
Intangible and Goodwill 124124129157180

Globus Medical, 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 Globus Medical, 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.