Balance Sheet Data

MainStay MacKay DefinedTerm Municip... (MMD)

$17.42

+0.43 (+2.53%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 24.671.402.672.8417.1935.9575.17157.21328.76687.53
Total Cash (%)
Account Receivables 12.3212.8413.3928.5813.17110.32230.71482.471,008.972,110.03
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 6.457.082.832.370.8620.3642.5789.02186.17389.33
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.