Financial Statements

Kelt Exploration Ltd. (KEL.TO)

$6.5

-0.03 (-0.46%)
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) -519-194-200-208-
Net Income 114-32578-23
Stock Dividends ---0--185
Dividend Paid -----
Retained Earnings -405-519-194-200-208

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 6611,5441,3651,231-
Annual Depreciation 413-7315014291,476
Capital Expenditure -222-152-321-296-244
Net PPE 8526611,5441,3651,231

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases --1-4--
Intangible and Goodwill -----

Kelt Exploration Ltd. 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 Kelt Exploration Ltd. 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.