Balance Sheet Data

American Airlines Group Inc. (AAL)

$ 16.62
-0.80 (-4.59%)

Year
A/P
2016
Actual
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Total Cash 6,3595,0664,7603,8266,8642,632.452,311.362,029.431,781.891,564.54
Total Cash (%)
Account Receivables 1,5941,7521,7061,7501,342715.83628.52551.85484.54425.44
Account Receivables (%)
Inventories 1,0941,3591,5221,8511,614691.51607.16533.10468.07410.98
Inventories (%)
Accounts Payable 1,5921,6881,7732,0621,196710.76624.06547.94481.11422.42
Accounts Payable (%)
Capital Expenditure -5,731-5,971-3,745-4,268-1,958-1,748.66-1,535.36-1,348.08-1,183.65-1,039.27
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.