Balance Sheet Data
First Trust High Income Long/Short ... (FSD)
$11.37
+0.06 (+0.53%)
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 | 2.58 | 17.49 | 32.77 | 40.50 | 86.51 | -62,154.39 | -2,701,006.17 | -117,376,006.15 | -5,100,738,753.62 | -221,659,747,041.23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 17.47 | 16.02 | 21.24 | 12.05 | 14.93 | -39,505.50 | -1,716,766.95 | -74,604,512.27 | -3,242,043,577.94 | -140,887,544,745.18 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 3.87 | 15.57 | 14.89 | 2.74 | 5.32 | -28,281.66 | -1,229,019.13 | -53,408,747.68 | -2,320,951,938.87 | -100,860,217,414.76 |
| 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.