Balance Sheet Data
Mercantile Bank Corporation (MBWM)
$30.91
-0.23 (-0.74%)
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 | 412.72 | 568.39 | 1,013.35 | 1,567.90 | 699.71 | 1,037.43 | 1,122.17 | 1,213.83 | 1,312.97 | 1,420.21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | - | - | - | - | - | - | - | - | - | - |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 25.23 | 22.41 | 24.31 | 24.64 | 78.21 | 42.12 | 45.56 | 49.28 | 53.31 | 57.66 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -6.32 | -13.48 | -8.99 | -5.60 | -3.02 | -9.69 | -10.48 | -11.33 | -12.26 | -13.26 |
| 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.