RE:RE:RE:RE:RE:RE:And somebody help me with the mathHave you ever worked in a growth company as C-Suite? Doesn't sound like it from your comment. If there is cash left after expenses (aka profits), the money goes into executing growth plans. Growth plans usually push for 10X of the budget available to them, so there is also a tug of war about which plan gets to use that left over money.
There is no point on showing profits on the balance sheet ... it is not like they want to be a dividend company. The positive sign is if they could afford more debt but they are not taking that debt or they are gradually paying down debt. That's a sign that they could be profitable but they are putting it into growth.