Financial Statements

FTS International Inc

FTS International Inc (FTSI)

-0.99 (-5.78%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in millions

Retained Earning Schedule

Year 2019 2018
Retained Earnings (Previous Year) -4,308-
Net Income -73258
Stock Dividends 0-4,566
Dividend Paid --
Retained Earnings -4,381-4,308

PPE Schedule

Year 2019 2018
Gross PPE 275-
Annual Depreciation 32376
Capital Expenditure -54-101
Net PPE 253275

Intangible and Goodwill Schedule

Year 2019 2018
Intangible and Goodwill (Previous Year) -30
New Purchases --
Intangible and Goodwill 3030

FTS International 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 FTS International 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.