Balance Sheet Data
American Airlines Group Inc. (AAL)
$13.91
+0.43 (+3.19%)
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Total Cash | 4,760 | 3,826 | 6,864 | 12,431 | 8,965 | 13,841.96 | 16,502.24 | 19,673.81 | 23,454.91 | 27,962.70 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 1,706 | 1,750 | 1,342 | 1,505 | 2,138 | 2,895.41 | 3,451.88 | 4,115.29 | 4,906.21 | 5,849.14 |
| Account Receivables (%) | ||||||||||
| Inventories | 1,522 | 1,851 | 1,614 | 1,795 | 2,279 | 3,203.07 | 3,818.67 | 4,552.58 | 5,427.54 | 6,470.66 |
| Inventories (%) | ||||||||||
| Accounts Payable | 1,774 | 2,062 | 1,196 | 1,772 | 2,149 | 3,001.46 | 3,578.31 | 4,266.02 | 5,085.91 | 6,063.37 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -3,745 | -4,268 | -1,958 | -208 | -2,906 | -4,163.53 | -4,963.72 | -5,917.70 | -7,055.02 | -8,410.92 |
| 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.