Net Capital Expenditures
I’m currently trying to find the CAPEX for a specific year. The company is a medical device company. The company does not explicitly state the capex in the f’ statements. From what I got from the website, NETCAPEX = PPE1 - PPE0 + Depreciation1.
Also, the NETCAPEX for 2 of the 4 years is negative. Sources also states that negative CAPEX is acceptable in real life examples. Is that true?
How do I get CAPEX from NETCAPEX?
Study together. Pass together.
Join the world's largest online community of CFA, CAIA and FRM candidates.