Balance Sheet Data

First Trust High Income Long/Short ... (FSD)

$11.74

-0.01 (-0.09%)

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Total Cash 17.4932.7740.5086.5159.8616,856.22754,690.2033,789,142.281,512,814,304.4067,732,027,655.50
Total Cash (%)
Account Receivables 16.0221.2412.0514.9313.2410,764.74481,960.9621,578,453.50966,114,879.4843,255,090,558.42
Account Receivables (%)
Inventories 37.4954.0252.62103.75753.1933,721.901,509,803.8367,597,242.073,026,477,378.11135,502,056,581.88
Inventories (%)
Accounts Payable 15.5714.892.745.322.257,492.79335,468.6915,019,671.91672,463,784.9630,107,684,431.31
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.