Balance Sheet Data
Salient Midstream & MLP Fund (SMM)
$8.95
+0.05 (+0.56%)
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 | 0.94 | 1.14 | 1.14 | 0.31 | 0.79 | -2.16 | -2.30 | -2.45 | -2.60 | -2.77 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 2.14 | 0.23 | 0.54 | 0.24 | 0.25 | -1.03 | -1.10 | -1.17 | -1.25 | -1.33 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 0.39 | 0.53 | 0.43 | 0.31 | 0.52 | -0.94 | -1.01 | -1.07 | -1.14 | -1.21 |
| 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.