Balance Sheet Data
Morningstar, Inc. (MORN)
$234.24
-0.31 (-0.13%)
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 | 395.90 | 367.50 | 464.20 | 546.10 | 414.60 | 687.07 | 800.14 | 931.83 | 1,085.18 | 1,263.78 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 174 | 194.80 | 207.30 | 277.80 | 307.90 | 354.26 | 412.56 | 480.46 | 559.53 | 651.62 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 54.40 | 58.90 | 233.70 | 350.20 | 223.34 | 260.09 | 302.90 | 352.75 | 410.80 | 478.41 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -76.10 | -80 | -76.70 | -101.80 | -129.50 | -142.39 | -165.82 | -193.11 | -224.89 | -261.90 |
| 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.