Balance Sheet Data

Braemar Hotels & Resorts Inc. (BHR)

$2.24

-0.17 (-7.05%)

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 182.5871.9978.61216261.54306.26386.31487.29614.66775.33
Total Cash (%)
Account Receivables 17.6736.2426.8252.9379.0180.28101.26127.73161.12203.24
Account Receivables (%)
Inventories 1.862.792.553.135.246.157.769.7912.3515.58
Inventories (%)
Accounts Payable 64.1294.9261.7696.32133.98175.81221.76279.73352.85445.08
Accounts Payable (%)
Capital Expenditure -197.19-222.88-103.75-195.43-306.06-386.06-486.98-614.27-774.84-977.38
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.