Financial Statements

MRC Global Inc. (MRC)

$10.27

+0.20 (+1.99%)
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) -781-483-498-548-
Net Income -14-274397450
Stock Dividends -----574
Dividend Paid -24-24-24-24-24
Retained Earnings -819-781-483-498-548

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 303324140147-
Annual Depreciation -11-1020213177
Capital Expenditure -10-11-18-20-30
Net PPE 282303324140147

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -486484483264
New Purchases -----
Intangible and Goodwill 486484483264264

MRC Global 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 MRC Global 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.