Balance Sheet Data
Artesian Resources Corporation (ARTNA)
$52.01
-0.36 (-0.69%)
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Total Cash | 0.29 | 0.60 | 0.03 | 0.09 | 1.31 | 0.53 | 0.56 | 0.59 | 0.62 | 0.65 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 10.37 | 8.14 | 11.96 | 12.18 | 13.51 | 13.18 | 13.88 | 14.62 | 15.40 | 16.23 |
| Account Receivables (%) | ||||||||||
| Inventories | 1.46 | 1.26 | 1.54 | 1.93 | 4.70 | 2.49 | 2.62 | 2.76 | 2.91 | 3.06 |
| Inventories (%) | ||||||||||
| Accounts Payable | 8.19 | 8.18 | 6.34 | 10.21 | 10.93 | 10.30 | 10.85 | 11.43 | 12.04 | 12.68 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -49.05 | -40.68 | -34.28 | -40.81 | -48.48 | -50.52 | -53.22 | -56.05 | -59.04 | -62.19 |
| 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.