Balance Sheet Data
SM Energy Company (SM)
$37.91
+0.46 (+1.23%)
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 | 77.96 | 0.01 | 0.01 | 332.72 | 445 | 272.18 | 358.72 | 472.78 | 623.09 | 821.20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 167.54 | 184.73 | 162.45 | 247.20 | 233.30 | 465.20 | 613.10 | 808.03 | 1,064.94 | 1,403.53 |
| Account Receivables (%) | ||||||||||
| Inventories | 175.13 | 55.18 | 31.20 | 24.10 | 48.68 | 170.23 | 224.36 | 295.69 | 389.70 | 513.61 |
| Inventories (%) | ||||||||||
| Accounts Payable | 56.05 | 52.09 | 63.01 | 25.07 | 43.90 | 128.45 | 169.29 | 223.12 | 294.06 | 387.55 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -1,336.44 | -1,026.35 | -555.66 | -678.16 | -879.93 | -2,185.36 | -2,880.18 | -3,795.91 | -5,002.80 | -6,593.41 |
| 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.