Balance Sheet Data

American Airlines Group Inc. (AAL)

$14.5

+0.08 (+0.55%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 5,0664,7603,8266,86412,4317,018.637,343.677,683.768,039.618,411.93
Total Cash (%)
Account Receivables 1,7521,7061,7501,3421,5051,537.151,608.341,682.821,760.761,842.30
Account Receivables (%)
Inventories 1,3591,5221,8511,6141,7951,625.691,700.971,779.751,862.171,948.41
Inventories (%)
Accounts Payable 1,6881,7732,0621,1961,7721,582.921,656.221,732.921,813.181,897.15
Accounts Payable (%)
Capital Expenditure -5,971-3,745-4,268-1,958-412-2,785.96-2,914.98-3,049.98-3,191.23-3,339.02
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.