Balance Sheet Data
Virtus Equity & Convertible Income ... (NIE)
$20.67
-0.03 (-0.14%)
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 | 6.87 | 0 | 0.10 | 0.10 | 0.10 | -40.33 | 131.07 | -425.92 | 1,384.05 | -4,497.62 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 9.93 | 8.89 | 1.06 | 6.02 | 6.02 | -59.29 | 192.66 | -626.07 | 2,034.46 | -6,611.18 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 8.71 | 6.86 | 2.80 | 3.24 | 3.24 | -48.22 | 156.69 | -509.18 | 1,654.62 | -5,376.83 |
| 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.