Balance Sheet Data
Macatawa Bank Corporation (MCBC)
$8.96
-0.10 (-1.10%)
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 | 267.51 | 257.19 | 268.31 | 439.73 | 755.17 | 154.62 | 124.11 | 99.62 | 79.96 | 64.18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 5.28 | 4.87 | 5.62 | 4.09 | 7.61 | 1.76 | 1.41 | 1.13 | 0.91 | 0.73 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -1.28 | -1.04 | -2.27 | -0.99 | -0.80 | -0.28 | -0.22 | -0.18 | -0.14 | -0.12 |
| 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.