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 -4.91-12.07-50.8914.4014.2326.2548.4489.39164.94304.34
Total Cash (%)
Account Receivables 0.590.370.190.220.26-0.64-1.17-2.17-4-7.38
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 0.942.309.72-2.75-2.72-5.01-9.25-17.07-31.50-58.13
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.