Balance Sheet Data

Nelnet, Inc. (NNI)

$91.89

+1.40 (+1.55%)

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 192.03199.51469.861,055.232,136.50946.791,020.111,099.121,184.241,275.95
Total Cash (%)
Account Receivables 755.10849.0197.96171.4215,243.893,818.484,114.204,432.834,776.135,146.03
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 61.6847.2928.709.6748.3852.1356.1760.5265.2070.25
Accounts Payable (%)
Capital Expenditure -125.02-92.50-113.31-58.95-124.87-134.54-144.96-156.19-168.29-181.32
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.