PJT Partners Inc (PJT) is a financial services firm that provides advisory, restructuring, and fundraising services to a wide range of clients. The company's income statement reflects its financial performance over a specific period, showing its revenue, expenses, and resulting net income. The EBIT (Earnings Before Interest and Taxes) is a measure of the company's profitability, calculated by subtracting operating expenses from gross profit. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is similar to EBIT but also excludes non-cash expenses such as depreciation and amortization.
The gross profit represents the revenue generated by the company after deducting the direct costs associated with producing the goods or services. Net income from stockholders refers to the profit earned by the company that is attributable to its shareholders. The total revenue is the sum of all the sources of income for the company, including sales, fees, and other revenue streams.
The balance sheet provides a snapshot of the company's financial position, showing its assets, liabilities, and stockholders' equity. Cash equivalents refer to highly liquid assets that can be readily converted to cash. Net debt is the company's total debt minus its cash and cash equivalents. Stockholders' equity represents the residual interest in the assets of the company after deducting its liabilities.
Total assets include all of the company's resources, such as cash, investments, property, and equipment. Total debt refers to the company's outstanding debt obligations, including loans, bonds, and other liabilities. Total liabilities represent the company's financial obligations and commitments. Cash flow refers to the movement of cash into and out of the company during a specific period.
Financing cash flow represents the cash inflows and outflows related to the company's financing activities, such as issuing or repurchasing stock, borrowing or repaying loans, and paying dividends. Free cash flow is the cash generated by the company after deducting capital expenditures necessary to maintain or expand its asset base. Investing cash flow represents the cash inflows and outflows related to the company's investment activities.
Operating cash flow is the cash generated by the company's core operating activities, such as sales and services, before deducting taxes and interest expenses.