Financial Statements

Major Drilling Group International ... (MDI.TO)

$10.51

+0.02 (+0.19%)
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) -36234164-
Net Income 10-71-18-22-42
Stock Dividends 312--106
Dividend Paid -----
Retained Earnings -22-36234164

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 169164185222-
Annual Depreciation 11374-14239
Capital Expenditure -31-32-25-23-18
Net PPE 148169164185222

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -5858588
New Purchases -----
Intangible and Goodwill 58585888

Major Drilling Group International 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 Major Drilling Group International 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.