Balance Sheet Data

Ashford Hospitality Trust, Inc. (AHT)

$5.07

+0.23 (+4.75%)

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 381.73341.03277.2392.913,822.82897.45890.12882.85875.64868.48
Total Cash (%)
Account Receivables 61.6458.8267.7345.2180.8450.8650.4450.0349.6249.22
Account Receivables (%)
Inventories 4.244.224.352.453.292.832.802.782.762.74
Inventories (%)
Accounts Payable 132.40136.76134.3499.95117.6599.0198.2097.4096.6095.81
Accounts Payable (%)
Capital Expenditure -0.23-0.33-0.48-0.12-0.19-0.19-0.19-0.18-0.18-0.18
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.