Balance Sheet Data

Conifer Holdings, Inc. (CNFR)

$1.18

+0.06 (+5.36%)

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 140.16169.89173.51182.71164.16173.33178.89184.63190.55196.66
Total Cash (%)
Account Receivables 59.5748.2146.5368.67112.3769.8472.0874.3976.7879.24
Account Receivables (%)
Inventories --66.75-49.56-106.95-282.56-128.90-133.03-137.30-141.70-146.25
Inventories (%)
Accounts Payable 5.759.978.6911.9826.1012.9313.3513.7714.2214.67
Accounts Payable (%)
Capital Expenditure -0.09-0.06-0.081-30.31-6.12-6.32-6.52-6.73-6.95
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.