Balance Sheet Data
Tortoise Pipeline & Energy Fund, In... (TTP)
$28.47
+0.45 (+1.61%)
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 | -4.91 | -12.07 | -50.89 | 14.40 | 14.23 | 26.25 | 48.44 | 89.39 | 164.94 | 304.34 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 0.59 | 0.37 | 0.19 | 0.22 | 0.26 | -0.64 | -1.17 | -2.17 | -4 | -7.38 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 0.94 | 2.30 | 9.72 | -2.75 | -2.72 | -5.01 | -9.25 | -17.07 | -31.50 | -58.13 |
| 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.