Balance Sheet Data

TORM plc (TRMD)

$33.25

-0.34 (-1.01%)

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 127.3672.4889.50171.70320.50355.31473.26630.38839.651,118.40
Total Cash (%)
Account Receivables 89.8095.5379124263.28295.12393.09523.59697.42928.95
Account Receivables (%)
Inventories 39.4034.8422.4648.8072.03104.22138.82184.90246.29328.05
Inventories (%)
Accounts Payable 35.1247.1214.3535.3048.5089.63119.38159.01211.80282.12
Accounts Payable (%)
Capital Expenditure -202.44-384.35-173.05-319.80-119.96-655.36-872.93-1,162.72-1,548.73-2,062.87
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.