Financial Statements

Olympic Steel, Inc. (ZEUS)

$33.66

+1.79 (+5.62%)
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) 173179176143-
Net Income 121143419
Stock Dividends --6-0-0125
Dividend Paid -1-1-1-1-1
Retained Earnings 293173179176143

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 435183160148-
Annual Depreciation -2492513338158
Capital Expenditure -111-10-26-10
Net PPE 175435183160148

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) --235
New Purchases -----
Intangible and Goodwill -23510

Olympic Steel, 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 Olympic Steel, 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.