Balance Sheet Data

Pangaea Logistics Solutions, Ltd. (PANL)

$6.99

-0.04 (-0.57%)

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 53.6150.5646.9056.21128.38111.17135.74165.73202.36247.08
Total Cash (%)
Account Receivables 28.4828.3129.1554.2636.7659.6872.8788.97108.63132.63
Account Receivables (%)
Inventories 19.222115.9727.1529.1038.2046.6556.9569.5484.91
Inventories (%)
Accounts Payable 31.9039.9732.4049.1538.5566.7581.5099.51121.50148.35
Accounts Payable (%)
Capital Expenditure -17.54-56.99-2.93-196.65-36.39-88.64-108.23-132.15-161.35-197.01
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.