Balance Sheet Data

ClearBridge MLP and Midstream Fund ... (CEM)

$29.28

+0.55 (+1.91%)

Year
A/P
2015
Actual
2016
Actual
2017
Actual
2018
Actual
2019
Actual
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
Total Cash 0.99-0.03-3.56-0.370.6217.97522.8215,213.58442,703.9312,882,355.26
Total Cash (%)
Account Receivables 5.17-0.16-18.61-1.953.2393.952,733.7479,549.762,314,838.9767,360,092.90
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 1.756.207.257.121.06-802.13-23,341.47-679,219.42-19,764,780.03-575,140,403.15
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.