Balance Sheet Data

IT Tech Packaging, Inc. (ITP)

$0.3345

-0.03 (-7.24%)

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 8.475.844.1411.209.527.858.699.6310.6711.82
Total Cash (%)
Account Receivables 8.6410.658.3512.6721.2012.5213.8715.3617.0218.86
Account Receivables (%)
Inventories 2.921.611.235.842.872.773.073.403.774.17
Inventories (%)
Accounts Payable 0.630.250.590.010.010.340.380.420.460.51
Accounts Payable (%)
Capital Expenditure -2.20-6.42-21.11-25.07-10.90-12.31-13.63-15.11-16.74-18.54
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.