Balance Sheet Data

Artesian Resources Corporation (ARTNA)

$34.53

+0.06 (+0.17%)

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 0.290.600.030.091.310.530.560.590.620.65
Total Cash (%)
Account Receivables 10.378.1411.9612.1816.7313.8614.6015.3816.2017.06
Account Receivables (%)
Inventories 1.461.261.541.934.702.492.622.762.913.06
Inventories (%)
Accounts Payable 8.198.186.3410.2110.9310.3010.8511.4312.0412.68
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.