Balance Sheet Data

American Public Education, Inc. (APEI)

$14.32

+0.54 (+3.92%)

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 179.20212.13202.74227.69122.63277.12303.58332.57364.33399.13
Total Cash (%)
Account Receivables 7.1414.9613.0817.6541.3325.0827.4830.1032.9736.12
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 8.849.113.553.7613.5010.6911.7112.8214.0515.39
Accounts Payable (%)
Capital Expenditure -14.79-9.43-7.26-4.93-11.83-13.76-15.08-16.52-18.09-19.82
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.