Balance Sheet Data

RiverNorth Opportunities Fund, Inc. (RIV)

$11.9201

+0.11 (+0.93%)

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 0.050.1625.790.2375.40-296.385,518.27-102,743.581,912,961.49-35,617,035.02
Total Cash (%)
Account Receivables 0.960.541.503.376.0426.47-492.919,177.30-170,870.293,181,398.68
Account Receivables (%)
Inventories 19.7923.4441.0660.04-134.492,503.99-46,621.32868,032.74-16,161,722.33300,911,771.85
Inventories (%)
Accounts Payable 0.871.432.131.90-7.97148.48-2,764.5651,472.74-958,360.3617,843,513.62
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.