Balance Sheet Data

H&E Equipment Services, Inc. (HEES)

$34.01

+0.61 (+1.83%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 165.8816.6814.25310.88357.30170.13173175.90178.86181.87
Total Cash (%)
Account Receivables 176.08201.56192.20178.86157.23167.96170.78173.66176.58179.55
Account Receivables (%)
Inventories 75104.6085.4872.4975.3076.4077.6978.9980.3281.67
Inventories (%)
Accounts Payable 89.78101.8458.8589.3095.6081.9983.3784.7786.2087.65
Accounts Payable (%)
Capital Expenditure -256.72-451.56-352.76-135.03-452.70-306.22-311.37-316.60-321.93-327.34
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.