Balance Sheet Data

American Equity Investment Life Hol... (AEL)

$55.46

-0.16 (-0.29%)

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Total Cash 53,873.8856,634.4255,814.9341,724.29557.7324,545.0326,480.7028,569.0330,822.0433,252.74
Total Cash (%)
Account Receivables -0.86166.5955.5031.6634.1536.8539.7542.8946.27
Account Receivables (%)
Inventories --9,494.47-7,088.99-3,653.14-2,977.26-3,212.05-3,465.36-3,738.64-4,033.48-4,351.57
Inventories (%)
Accounts Payable ----------
Accounts Payable (%)
Capital Expenditure -4.02-13.24-18.11-40.96-7.40-9.23-9.96-10.75-11.59-12.51
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.