Balance Sheet Data

Takung Art Co., Ltd. (TKAT)

$0.1997

+0.01 (+3.20%)

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 7.975.424.701.5064.79181.131,367.5810,325.9477,965.90588,680.88
Total Cash (%)
Account Receivables 8.877.858.990.120.0933.46252.641,907.5514,402.90108,749
Account Receivables (%)
Inventories 5.4316.849.420.5410.6580.38606.954,582.7434,601.93261,261.61
Inventories (%)
Accounts Payable 0.020.010.0100.010.050.342.6019.66148.47
Accounts Payable (%)
Capital Expenditure -0.58-0.08-0.02-0.01-0.13-1-7.52-56.75-428.49-3,235.28
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.