Balance Sheet Data

Nuveen California AMT-Free Quality ... (NKX)

$12.41

-0.19 (-1.51%)

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 --3.0513.76-0.35-0.97-2.65-7.25-19.82-54.21
Total Cash (%)
Account Receivables 19.9917.7615.6817.3118.402.195.9916.3744.79122.51
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 6.156.632.342.468.232.226.0616.5945.37124.12
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.