Balance Sheet Data
MainStay MacKay DefinedTerm Municip... (MMD)
$16.01
-0.26 (-1.60%)
Year A/P | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Actual | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected | 2028 Projected |
| Total Cash | 2.67 | 0.83 | 5.04 | -3.96 | -0.58 | -0.83 | -1.19 | -1.71 | -2.45 | -3.51 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 13.39 | 28.58 | 13.17 | 11.77 | 11.61 | -3.16 | -4.53 | -6.49 | -9.31 | -13.34 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 2.83 | 2.37 | 0.86 | 1.31 | 3.44 | 0.36 | 0.52 | 0.75 | 1.07 | 1.53 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
| 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.