Balance Sheet Data

SM Energy Company (SM)

$41.11

-0.52 (-1.25%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 313.9477.960.010.01332.72291.57385.24509.01672.55888.64
Total Cash (%)
Account Receivables 160.05158.06177.86146.11247.20384.53508.08671.318871,171.98
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable -56.0552.0963.01563.31291.52385.18508.93672.45888.50
Accounts Payable (%)
Capital Expenditure -978.25-1,336.44-1,026.35-555.66-678.16-2,053.40-2,713.14-3,584.83-4,736.59-6,258.39
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.