Financial Statements

Kingstone Companies, Inc. (KINS)

$4.54

-0.12 (-2.58%)
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) 16172627-
Net Income -75-6310
Stock Dividends -0-4-020
Dividend Paid -2-2-4-4-3
Retained Earnings 716172627

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 8865-
Annual Depreciation 64648
Capital Expenditure -4-3-4-3-3
Net PPE 98865

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -58-72-33-44-5
Intangible and Goodwill -----

Kingstone Companies, 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 Kingstone Companies, 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.