Sometimes this is approximated by cash flow from
operations less maintenance capital expenditures, but maintenance capex is not a disclosed item, and changes in working capital can reflect a need to invest in inventories in order to grow the business, not merely maintain it.
Sometimes this is approximated by cash flow from
operations less maintenance capital expenditures, but maintenance capex is not a disclosed item, and changes in working capital can reflect a need to invest in inventories in order to grow the business, not merely maintain it.)
Not exact matches
You also compare the dividend to what the cash flow from
operations is,
less cash needed for
maintenance capital expenditure.
Of course the usual definition is cash frow from
operations less capital
maintenance expenditures.
Some owners opt for expensive de-clawing
operations or spend more money on hardwood floor
maintenance like sanding and refinishing, but a
less expensive, more effective solution is dog socks.
Doubling that and adding some extra time (to make up for performance decay) could cut EPBT and emissions by almost half (most emissions and energy inputs are not from
operation and
maintenance — this may be
less true of nuclear power).