Balance Sheet Data

Lipocine Inc. (LPCN)

$3.83

+0.02 (+0.52%)

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 15.2514.0719.6744.6232.534.151.600.620.240.09
Total Cash (%)
Account Receivables 0.040.0200.250.660.060.020.0100
Account Receivables (%)
Inventories -551.340.510.200.080.030.010
Inventories (%)
Accounts Payable 0.671.181.601.290.600.110.040.020.010
Accounts Payable (%)
Capital Expenditure ----0.01-0.13-0.03-0.01-0-0-0
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.