Financial Statements

Howard Bancorp, Inc. (HBMD)

$23.3

0.00 (-%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2020 2019 2018 2017 2016
Retained Earnings (Previous Year) 35182215-
Net Income -1717-475
Stock Dividends ---010
Dividend Paid -----0
Retained Earnings 1835182215

PPE Schedule

Year 2020 2019 2018 2017 2016
Gross PPE 43451920-
Annual Depreciation -0-128-021
Capital Expenditure -1-1-2-0-1
Net PPE 4143451920

Intangible and Goodwill Schedule

Year 2020 2019 2018 2017 2016
Intangible and Goodwill (Previous Year) -117166
New Purchases -88-62-194-103-340
Intangible and Goodwill 11716631

Howard Bancorp, 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 Howard Bancorp, 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.