Financial Statements

Taylor Devices, Inc. (TAYD)

$9.44

+0.66 (+7.52%)
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) 33302727-
Net Income 13302
Stock Dividends --0-24
Dividend Paid -----
Retained Earnings 3433302727

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 991010-
Annual Depreciation 21-0112
Capital Expenditure -2-1-0-1-2
Net PPE 10991010

Intangible and Goodwill Schedule

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

Taylor Devices, 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 Taylor Devices, 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.