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 77.960.010.01332.72445272.18358.72472.78623.09821.20
Total Cash (%)
Account Receivables 167.54184.73162.45247.20233.30465.20613.10808.031,064.941,403.53
Account Receivables (%)
Inventories 175.1355.1831.2024.1048.68170.23224.36295.69389.70513.61
Inventories (%)
Accounts Payable 56.0552.0963.0125.0743.90128.45169.29223.12294.06387.55
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.