Balance Sheet Data
BlackRock Long-Term Municipal Advan... (BTA)
$10.47
+0.19 (+1.85%)
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 | -82.79 | 0 | 0.02 | 0.09 | 5.71 | -7.68 | 10.33 | -13.89 | 18.68 | -25.12 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 4.53 | 5.57 | 3.93 | 4.25 | 2.31 | -0.90 | 1.21 | -1.63 | 2.19 | -2.95 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 1.68 | 2.21 | 0.69 | 2.39 | 0.11 | -0.20 | 0.27 | -0.36 | 0.48 | -0.65 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
| 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.