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Balance Sheet ABIL Quote Ability Inc

All | Income Statement | Balance Sheet | Cash Flow | Retained Earnings | PPE Schedule | Intangible and Goodwill Schedule
Year 201420152016
CashAndCashEqui 26 12 2
ShortTermInvest 0 0 0
Cash 26 12 2
AccountReceivab 4 3 2
Inventories 0 0 0
DeferredIncomeT 0 0 0
OtherCurrentAss 3 15 3
TotalCurrentAss 33 30 6
PPE 1 2 2
AccumulatedDepr -1 -1 -1
NetPPE 1 2 1
EquityAndOtherI 0 0 0
Goodwill 0 0 0
IntangibleAsset 0 0 0
OtherLTAssets 12 0 12
TotalNonCurrent 13 2 14
TotalAssets 46 32 20
ShortTermDebt 0 0 0
AccountsPayable 1 10 4
TaxesPayable 6 0 0
AccruedLiabilit 0 0 3
DeferredRevenue 0 0 0
OtherCurrentLia 9 12 0
TotalCurrentLia 16 22 7
Debt 0 0 0
DeferredTaxesLi 0 0 0
DeferredRevenue 0 0 0
OtherLTLiabilit 12 0 12
TotalNonCurrent 12 0 12
TotalLiabilitie 28 22 19
CommonStock 0 0 0
AdditionalPaidI 19 19 19
RetainedEarning -1 -9 -18
AccumulatedOthe 0 0 0
TotalStockholde 18 10 1
TotalLiabilitie 46 32 20
Ability 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 Ability 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.