Balance Sheet Data

Summit Midstream Partners, LP (SMLP)

$19.55

+0.21 (+1.09%)

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 4.3532.3415.547.3511.8111.8110.9410.149.408.71
Total Cash (%)
Account Receivables 97.94102.1261.9362.1275.2964.6659.9355.5451.4847.71
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 38.4124.4211.8810.5014.0515.4914.3513.3012.3311.43
Accounts Payable (%)
Capital Expenditure -200.59-182.29-43.13-25.03-30.47-72.91-67.58-62.63-58.05-53.80
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.