Balance Sheet Data

Tortoise Midstream Energy Fund, Inc... (NTG)

$35.47

-0.09 (-0.25%)

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Total Cash 0.300.100.410.243.900.870.961.051.161.27
Total Cash (%)
Account Receivables 2.690.665.8912.880.720.670.740.820.900.99
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable -0.316.440.850.310.340.370.410.450.49
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.