Balance Sheet Data
First Trust Specialty Finance and F... (FGB)
$3.37
+0.03 (+0.90%)
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 | 2.76 | 0.21 | 1.40 | 1.45 | 1.24 | -3.37 | -6.69 | -13.28 | -26.35 | -52.28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 0.23 | 0.26 | 0.19 | 0.19 | 0.11 | -0.31 | -0.61 | -1.22 | -2.42 | -4.80 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 2.57 | 0.05 | 1.20 | 1.21 | 1.22 | -3.10 | -6.14 | -12.19 | -24.19 | -48 |
| 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.