Balance Sheet Data
Contango Oil & Gas Company (MCF)
$3.22
+0.11 (+3.54%)
Year A/P | 2016 Actual | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected |
| Total Cash | - | - | - | 1.62 | 1.38 | 2.10 | 2.34 | 2.61 | 2.91 | 3.24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 16.73 | 13.06 | 11.53 | 39.60 | 37.86 | 34.77 | 38.73 | 43.13 | 48.02 | 53.48 |
| Account Receivables (%) | ||||||||||
| Inventories | 0.54 | 0.54 | 0.53 | 0.53 | 0.78 | 0.87 | 0.97 | 1.08 | 1.20 | 1.34 |
| Inventories (%) | ||||||||||
| Accounts Payable | 5.41 | 9.56 | 3.38 | 14.09 | 14.27 | 13.71 | 15.27 | 17.01 | 18.94 | 21.09 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -24.93 | -66.61 | -0.04 | -112.13 | -0.01 | -66.22 | -73.75 | -82.12 | -91.45 | -101.85 |
| 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.