Balance Sheet Data

Air T, Inc. (AIRT)

$16.32

+0.67 (+4.28%)

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 4.895.0914.287.6312.408.228.809.4210.0910.80
Total Cash (%)
Account Receivables 21.6219.3924.2614.2510.8917.4318.6519.9721.3822.88
Account Receivables (%)
Inventories 19.7834.2329.9760.6271.9741.1043.9947.0950.4153.96
Inventories (%)
Accounts Payable 11.5710.4512.5510.868.3410.3311.0511.8312.6713.56
Accounts Payable (%)
Capital Expenditure -2.35-20.22-20.47-38.69-6.01-14.97-16.03-17.16-18.37-19.66
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.