Financial Statements

STEP Energy Services Ltd. (STEP.TO)


+0.03 (+0.98%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) -292-263-144-0-
Net Income 95-28-119-144-39
Stock Dividends ----039
Dividend Paid -----
Retained Earnings -197-292-263-144-0

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 350380526600-
Annual Depreciation 1598-128-25716
Capital Expenditure -83-37-18-49-115
Net PPE 426350380526600

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -90---
New Purchases -----
Intangible and Goodwill 90----

STEP Energy Services Ltd. 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 STEP Energy Services Ltd. 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.