Financial Statements

Marine Products Corporation (MPX)


+0.46 (+4.09%)
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) 83777468-
Net Income 2919282819
Stock Dividends 11-6-560
Dividend Paid -16-14-20-17-12
Retained Earnings 9883777468

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 15151514-
Annual Depreciation 123217
Capital Expenditure -1-2-2-2-2
Net PPE 1415151514

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -3333
New Purchases -22-16-0--
Intangible and Goodwill 33333

Marine Products Corporation 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 Marine Products Corporation 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.