Financial Statements

Schnitzer Steel Industries, Inc. (SCHN)


+1.52 (+3.80%)
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) 650675640504-
Net Income 165-45615645
Stock Dividends -0-0-00480
Dividend Paid -21-21-21-21-20
Retained Earnings 794650675640504

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 628456416391-
Annual Depreciation 185253135103436
Capital Expenditure -119-82-95-78-45
Net PPE 694628456416391

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -168168169170
New Purchases -6----
Intangible and Goodwill 168168169170170

Schnitzer Steel Industries, 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 Schnitzer Steel Industries, 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.