Balance Sheet Data

MingZhu Logistics Holdings Limited (YGMZ)

$2.6987

+0.15 (+5.83%)

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 0.350.650.222.115.751.691.681.671.651.64
Total Cash (%)
Account Receivables 9.517.8913.2717.5328.3812.9712.8612.7612.6512.55
Account Receivables (%)
Inventories 0.1700.130.080.070.070.070.070.070.07
Inventories (%)
Accounts Payable 1.710.851.571.421.341.101.091.081.071.06
Accounts Payable (%)
Capital Expenditure -0.10-0.11-0.92-0.16-0.20-0.21-0.20-0.20-0.20-0.20
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.