Balance Sheet Data
Independent Bank Corporation (IBCP)
$22.195
+0.57 (+2.66%)
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 | 498.77 | 584.05 | 1,190.86 | 1,522.30 | 853.72 | 1,088.08 | 1,172.92 | 1,264.38 | 1,362.97 | 1,469.25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 34.87 | 42.75 | 62.46 | 66.14 | 128.90 | 77.94 | 84.01 | 90.57 | 97.63 | 105.24 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -3.86 | -4.94 | -4.38 | -5.84 | -5.68 | -5.94 | -6.40 | -6.90 | -7.44 | -8.02 |
| 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.