Balance Sheet Data

Salient Midstream & MLP Fund (SMM)

$8.13

+0.21 (+2.65%)

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 0.941.141.140.310.79-2.16-2.30-2.45-2.60-2.77
Total Cash (%)
Account Receivables 2.140.230.540.240.25-1.03-1.10-1.17-1.25-1.33
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 0.390.530.430.310.52-0.94-1.01-1.07-1.14-1.21
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.