Balance Sheet Data

United Airlines Holdings, Inc. (UAL)

$44.42

+0.73 (+1.67%)

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 3,7983,9504,94411,68318,4069,186.469,418.739,656.879,901.0410,151.37
Total Cash (%)
Account Receivables 1,3401,3461,3641,2951,6631,270.291,302.411,335.341,369.101,403.72
Account Receivables (%)
Inventories 9249851,072932983877.50899.69922.44945.76969.67
Inventories (%)
Accounts Payable 2,1962,3632,7031,5952,5621,948.651,997.922,048.432,100.232,153.33
Accounts Payable (%)
Capital Expenditure -3,998-4,177-4,528-1,727-2,107-2,574.95-2,640.05-2,706.81-2,775.24-2,845.41
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.