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{Prior PP&E} + {Depreciation Expense})",[],{"_key":2185,"_type":143,"children":2186,"markDefs":2191,"style":164},"k353",[2187],{"_key":2188,"_type":147,"marks":2189,"text":2190},"k352",[],"Typically you will see:",[],{"_key":2193,"_type":143,"children":2194,"level":1217,"listItem":1218,"markDefs":2199,"style":164},"k357",[2195],{"_key":2196,"_type":147,"marks":2197,"text":2198},"k356",[],"PP&E on the balance sheet under fixed assets",[],{"_key":2201,"_type":143,"children":2202,"level":1217,"listItem":1218,"markDefs":2207,"style":164},"k361",[2203],{"_key":2204,"_type":147,"marks":2205,"text":2206},"k360",[],"Expense depreciation (income statement or cash flows statement)",[],{"_key":2209,"_type":143,"children":2210,"markDefs":2215,"style":1506},"k365",[2211],{"_key":2212,"_type":147,"marks":2213,"text":2214},"k364",[1178],"Step-by-step calculation example",[],{"_key":2217,"_type":143,"children":2218,"markDefs":2223,"style":164},"k369",[2219],{"_key":2220,"_type":147,"marks":2221,"text":2222},"k368",[],"Assume your PP&E balance increases from USD $1.2M to USD $1.6M during the year and you have a depreciation expense of USD $150K.",[],{"_key":2225,"_type":1298,"columnHeaders":2226,"hasColumnTitles":602,"hasRowTitles":119,"rows":2231},"k370",[2227,2229],{"_key":1301,"_type":1302,"cellIndex":1303,"title":2228},"Calculation step",{"_key":1176,"_type":1302,"cellIndex":1217,"title":2230},"Amount",[2232,2251,2269],{"_key":1173,"_type":1313,"cells":2233},[2234,2242],{"_key":1312,"_type":1317,"content":2235},[2236],{"_key":1228,"_type":143,"children":2237,"markDefs":2241,"style":164},[2238],{"_key":1224,"_type":147,"marks":2239,"text":2240},[],"Increase in PP&E",[],{"_key":1183,"_type":1317,"content":2243},[2244],{"_key":2245,"_type":143,"children":2246,"markDefs":2250,"style":164},"k29",[2247],{"_key":1392,"_type":147,"marks":2248,"text":2249},[],"USD $400K",[],{"_key":1194,"_type":1313,"cells":2252},[2253,2261],{"_key":1191,"_type":1317,"content":2254},[2255],{"_key":1240,"_type":143,"children":2256,"markDefs":2260,"style":164},[2257],{"_key":1236,"_type":147,"marks":2258,"text":2259},[],"Add depreciation",[],{"_key":1202,"_type":1317,"content":2262},[2263],{"_key":1416,"_type":143,"children":2264,"markDefs":2268,"style":164},[2265],{"_key":1413,"_type":147,"marks":2266,"text":2267},[],"USD $150K",[],{"_key":2270,"_type":1313,"cells":2271},"k17",[2272,2280],{"_key":1358,"_type":1317,"content":2273},[2274],{"_key":1252,"_type":143,"children":2275,"markDefs":2279,"style":164},[2276],{"_key":1248,"_type":147,"marks":2277,"text":2278},[],"Estimated CapEx",[],{"_key":1207,"_type":1317,"content":2281},[2282],{"_key":1436,"_type":143,"children":2283,"markDefs":2288,"style":164},[2284],{"_key":2285,"_type":147,"marks":2286,"text":2287},"k40",[],"USD $550K",[],{"_key":2290,"_type":143,"children":2291,"markDefs":2296,"style":164},"k374",[2292],{"_key":2293,"_type":147,"marks":2294,"text":2295},"k373",[],"In this case, your business presumably invested $550K USD into long-term operating assets over the year.",[],{"_key":2298,"_type":143,"children":2299,"markDefs":2304,"style":1506},"k378",[2300],{"_key":2301,"_type":147,"marks":2302,"text":2303},"k377",[1178],"Cash flow statement methods",[],{"_key":2306,"_type":143,"children":2307,"markDefs":2312,"style":164},"k382",[2308],{"_key":2309,"_type":147,"marks":2310,"text":2311},"k381",[],"You’ll usually see CapEx as the purchases of property, equipment, or fixed assets under investing activities on the cash flow statement.",[],{"_key":2314,"_type":143,"children":2315,"markDefs":2320,"style":164},"k386",[2316],{"_key":2317,"_type":147,"marks":2318,"text":2319},"k385",[],"The standard way of computing is as follows:",[],{"_key":2322,"_type":143,"children":2323,"markDefs":2328,"style":164},"k390",[2324],{"_key":2325,"_type":147,"marks":2326,"text":2327},"k389",[1178],"{CapEx} = {Cash Outflow for Fixed Asset Purchases} - {Cash Inflow from Asset Sales}",[],{"_key":2330,"_type":143,"children":2331,"markDefs":2336,"style":164},"k394",[2332],{"_key":2333,"_type":147,"marks":2334,"text":2335},"k393",[],"This method offers a more direct view of the cash actually spent on long-term investments in the reporting period.",[],{"_key":2338,"_type":143,"children":2339,"markDefs":2344,"style":1506},"k398",[2340],{"_key":2341,"_type":147,"marks":2342,"text":2343},"k397",[1178],"Why depreciation is added back",[],{"_key":2346,"_type":143,"children":2347,"markDefs":2352,"style":164},"k402",[2348],{"_key":2349,"_type":147,"marks":2350,"text":2351},"k401",[],"Depreciation is an accounting method of reducing the value of assets over time, but it is not a new cash payment in the current period. Your business spent that cash when you bought the asset in the first place.",[],{"_key":2354,"_type":143,"children":2355,"markDefs":2360,"style":164},"k406",[2356],{"_key":2357,"_type":147,"marks":2358,"text":2359},"k405",[],"If depreciation were not added back, actual capital investment would be undercalculated, as the PP&E balance already includes annual depreciation decreases. Adding it back is useful to determine how much was actually invested into long-term assets over the period.",[],{"_key":2362,"_type":143,"children":2363,"markDefs":2368,"style":1181},"k410",[2364],{"_key":2365,"_type":147,"marks":2366,"text":2367},"k409",[1178],"How to find capital expenditures in financial statements",[],{"_key":2370,"_type":143,"children":2371,"markDefs":2376,"style":164},"k414",[2372],{"_key":2373,"_type":147,"marks":2374,"text":2375},"k413",[],"You will notice capital expenditures on each of the 3 primary financial accounts. However, each statement represents a different moment in the life of the investment. This flow helps you to observe more clearly the influence of long-term spending on cash position, asset value, and profitability over time.",[],{"_key":2378,"_type":143,"children":2379,"markDefs":2384,"style":1506},"k418",[2380],{"_key":2381,"_type":147,"marks":2382,"text":2383},"k417",[1178],"Balance sheet",[],{"_key":2386,"_type":143,"children":2387,"markDefs":2392,"style":164},"k422",[2388],{"_key":2389,"_type":147,"marks":2390,"text":2391},"k421",[],"CapEx is recorded on the balance sheet in property, plant, and equipment (PP&E) or fixed assets within non-current assets. When your organization invests in equipment, facilities, or infrastructure, the cash outflow is reported as a long-term asset rather than as an immediate expense.",[],{"_key":2394,"_type":143,"children":2395,"markDefs":2400,"style":164},"k426",[2396],{"_key":2397,"_type":147,"marks":2398,"text":2399},"k425",[],"Then over time the asset value decreases by way of depreciation or amortization.",[],{"_key":2402,"_type":143,"children":2403,"markDefs":2408,"style":1506},"k430",[2404],{"_key":2405,"_type":147,"marks":2406,"text":2407},"k429",[1178],"Cash flow statement",[],{"_key":2410,"_type":143,"children":2411,"markDefs":2416,"style":164},"k434",[2412],{"_key":2413,"_type":147,"marks":2414,"text":2415},"k433",[],"The cash flow statement shows capital expenditure under cash flow from investment operations. It is often stated as:",[],{"_key":2418,"_type":143,"children":2419,"level":1217,"listItem":1218,"markDefs":2424,"style":164},"k438",[2420],{"_key":2421,"_type":147,"marks":2422,"text":2423},"k437",[],"Costs of investment",[],{"_key":2426,"_type":143,"children":2427,"level":1217,"listItem":1218,"markDefs":2432,"style":164},"k442",[2428],{"_key":2429,"_type":147,"marks":2430,"text":2431},"k441",[],"Purchase of Plant, Property & Equipment",[],{"_key":2434,"_type":143,"children":2435,"level":1217,"listItem":1218,"markDefs":2440,"style":164},"k446",[2436],{"_key":2437,"_type":147,"marks":2438,"text":2439},"k445",[],"Acquisition of fixed assets",[],{"_key":2442,"_type":143,"children":2443,"markDefs":2448,"style":164},"k450",[2444],{"_key":2445,"_type":147,"marks":2446,"text":2447},"k449",[],"This segment represents real cash spent in the reporting period on long-term operational assets such as equipment, facilities, or infrastructure systems.",[],{"_key":2450,"_type":143,"children":2451,"markDefs":2456,"style":1506},"k454",[2452],{"_key":2453,"_type":147,"marks":2454,"text":2455},"k453",[1178],"Income statement",[],{"_key":2458,"_type":143,"children":2459,"markDefs":2464,"style":164},"k458",[2460],{"_key":2461,"_type":147,"marks":2462,"text":2463},"k457",[],"The whole sum of CapEx is not reflected in the income statement at once. Instead, it is expensed progressively as depreciation and amortization expenses, usually included within operating expenses or SG&A.",[],{"_key":2466,"_type":143,"children":2467,"markDefs":2472,"style":164},"k462",[2468],{"_key":2469,"_type":147,"marks":2470,"text":2471},"k461",[],"For example, if you spend USD $500K on production equipment for your business, the cash effect is reflected immediately in your cash flow statement, but the expense is recorded throughout the useful life of the item.",[],{"_key":2474,"_type":143,"children":2475,"markDefs":2480,"style":164},"k466",[2476],{"_key":2477,"_type":147,"marks":2478,"text":2479},"k465",[],"CapEx hits cash instantly, but its effect on earnings is spread over time in the form of depreciation.",[],{"_key":2482,"_type":143,"children":2483,"markDefs":2488,"style":1181},"k470",[2484],{"_key":2485,"_type":147,"marks":2486,"text":2487},"k469",[1178],"How businesses plan capital expenditure",[],{"_key":2490,"_type":143,"children":2491,"markDefs":2496,"style":164},"k474",[2492],{"_key":2493,"_type":147,"marks":2494,"text":2495},"k473",[],"Capital expenditure planning is how you can grow your firm operationally without having needless cash flow concerns. Good planning takes time, utilization, operational impact, and return in the long term and not only the purchase into consideration.",[],{"_key":2498,"_type":143,"children":2499,"markDefs":2504,"style":1506},"k478",[2500],{"_key":2501,"_type":147,"marks":2502,"text":2503},"k477",[1178],"Estimated expected return",[],{"_key":2506,"_type":143,"children":2507,"markDefs":2512,"style":164},"k482",[2508],{"_key":2509,"_type":147,"marks":2510,"text":2511},"k481",[],"Most organizations benchmark CapEx against a tangible operational measure like revenue, production capacity, cost savings, or efficiency improvement. For example, if a business invests in warehouse automation, this can lead to reducing delays in fulfilling customer orders and also reduce their dependence on human labor in the long term.",[],{"_key":2514,"_type":143,"children":2515,"markDefs":2520,"style":1506},"k486",[2516],{"_key":2517,"_type":147,"marks":2518,"text":2519},"k485",[1178],"Monitor CapEx-to-revenue ratio",[],{"_key":2522,"_type":143,"children":2523,"markDefs":2528,"style":164},"k490",[2524],{"_key":2525,"_type":147,"marks":2526,"text":2527},"k489",[],"Comparing CapEx against revenue helps finance teams identify whether infrastructure spending is increasing faster than the business is generating operating income. A rising ratio may indicate heavier investment in facilities, automation systems, or technology upgrades before corresponding revenue gains materialize. Reviewing this ratio across multiple reporting periods help businesses evaluate whether long-term investment levels are creating operational leverage or placing additional pressure on cash flow.",[],{"_key":2530,"_type":143,"children":2531,"markDefs":2536,"style":1506},"k494",[2532],{"_key":2533,"_type":147,"marks":2534,"text":2535},"k493",[1178],"Separate maintenance and growth spending",[],{"_key":2538,"_type":143,"children":2539,"markDefs":2544,"style":164},"k498",[2540],{"_key":2541,"_type":147,"marks":2542,"text":2543},"k497",[],"Maintenance CapEx is used to protect the current operations, whether it be through replacing equipment, maintaining infrastructure, or improving systems. The expansion of CapEx is to create new facilities, to expand present output or to enter new markets for future growth.",[],{"_key":2546,"_type":143,"children":2547,"markDefs":2552,"style":164},"k502",[2548],{"_key":2549,"_type":147,"marks":2550,"text":2551},"k501",[],"Separating the two lets you differentiate between spend for operational stability and invest for growth.",[],{"_key":2554,"_type":143,"children":2555,"markDefs":2560,"style":1506},"k506",[2556],{"_key":2557,"_type":147,"marks":2558,"text":2559},"k505",[1178],"Cash flow timing is a priority",[],{"_key":2562,"_type":143,"children":2563,"markDefs":2568,"style":164},"k510",[2564],{"_key":2565,"_type":147,"marks":2566,"text":2567},"k509",[],"Large investments tend to deplete liquidity before they can generate operating profits. Growth in facilities or infrastructure upgrades sometimes requires large upfront investments with little income or efficiency improvements for months.",[],{"_key":2570,"_type":143,"children":2571,"markDefs":2576,"style":1506},"k514",[2572],{"_key":2573,"_type":147,"marks":2574,"text":2575},"k513",[1178],"Models payback period",[],{"_key":2578,"_type":143,"children":2579,"markDefs":2584,"style":164},"k518",[2580],{"_key":2581,"_type":147,"marks":2582,"text":2583},"k517",[],"Most big capital projects require sign-off from the finance team, who scrutinize estimates of ROI, assumptions on utilization, maintenance costs, and scaling plans. These types of investments are riskier to execute since they rely on forecasts of future demand.",[],{"_key":2586,"_type":143,"children":2587,"markDefs":2592,"style":1506},"k522",[2588],{"_key":2589,"_type":147,"marks":2590,"text":2591},"k521",[1178],"Build approval workflows",[],{"_key":2594,"_type":143,"children":2595,"markDefs":2618,"style":164},"k536",[2596,2600,2605,2609,2614],{"_key":2597,"_type":147,"marks":2598,"text":2599},"k531",[],"As capital spending expands across departments, procurement approvals, ",{"_key":2601,"_type":147,"marks":2602,"text":2604},"k532",[2603],"k524","budgeting",{"_key":2606,"_type":147,"marks":2607,"text":2608},"k533",[],", finance approvals, and forecasting cycles become harder to coordinate. Structured ",{"_key":2610,"_type":147,"marks":2611,"text":2613},"k534",[2612],"k527","approval procedures",{"_key":2615,"_type":147,"marks":2616,"text":2617},"k535",[]," help prevent recurrent purchases, overspending, and forecast gaps.",[2619,2621],{"_key":2603,"_type":161,"externalUrl":2620,"linkType":163},"https:\u002F\u002Faspireapp.com\u002Fus\u002Fblog\u002Feffective-budget-management",{"_key":2612,"_type":161,"externalUrl":2622,"linkType":163},"https:\u002F\u002Faspireapp.com\u002Fus\u002Fblog\u002Faccounts-payable-workflow",{"_key":2624,"_type":143,"children":2625,"markDefs":2630,"style":1506},"k540",[2626],{"_key":2627,"_type":147,"marks":2628,"text":2629},"k539",[1178],"Gain financial visibility before you begin investing capital",[],{"_key":2632,"_type":143,"children":2633,"markDefs":2638,"style":164},"k544",[2634],{"_key":2635,"_type":147,"marks":2636,"text":2637},"k543",[],"It is difficult to manage capital spending when you have several vendors, operations teams, and infrastructure projects, and approvals are spread across multiple teams and entities. Limited visibility into committed spend, invoice status, and payment timelines can create cash flow pressure before investments begin generating operational returns.",[],{"_key":2640,"_type":143,"children":2641,"markDefs":2646,"style":164},"k548",[2642],{"_key":2643,"_type":147,"marks":2644,"text":2645},"k547",[],"When businesses expand across markets or operational entities, they often create standardized financial workflows, vendor payments, and spend controls to improve visibility across procurement and capital commitments.",[],{"_key":2648,"_type":143,"children":2649,"markDefs":2666,"style":164},"k559",[2650,2654,2658,2662],{"_key":2651,"_type":147,"marks":2652,"text":2653},"k555",[],"Platforms such as ",{"_key":2655,"_type":147,"marks":2656,"text":480},"k556",[2657],"k550",{"_key":2659,"_type":147,"marks":2660,"text":2661},"k557",[2087],"1",{"_key":2663,"_type":147,"marks":2664,"text":2665},"k558",[]," support this through multi-level approval workflows, centralized vendor payments, and multi-entity spend management that help finance teams monitor capital commitments more consistently across operational entities.",[2667],{"_key":2657,"_type":161,"externalUrl":2668,"linkType":163},"https:\u002F\u002Faspireapp.com\u002Fus",{"_key":2670,"_type":143,"children":2671,"markDefs":2676,"style":1181},"k563",[2672],{"_key":2673,"_type":147,"marks":2674,"text":2675},"k562",[1178],"Final thoughts",[],{"_key":2678,"_type":143,"children":2679,"markDefs":2684,"style":164},"k567",[2680],{"_key":2681,"_type":147,"marks":2682,"text":2683},"k566",[],"There are capital expenditure considerations outside infrastructure growth. They influence the timing of cash flows, operational flexibility, profitability, and long-term scalability across the organization. The issue is not to retreat from major investments altogether. That understanding of which investments boost operational capacity, increase long-term efficiency, and support sustainable growth without putting financial burden on the organization before it is ready to handle such pressure.",[],{"_key":2686,"_type":143,"children":2687,"markDefs":2691,"style":1181},"k571",[2688],{"_key":2689,"_type":147,"marks":2690,"text":1030},"k570",[1178],[],{"_key":2693,"_type":143,"children":2694,"markDefs":2699,"style":1506},"k575",[2695],{"_key":2696,"_type":147,"marks":2697,"text":2698},"k574",[1178],"Does capital expenditure affect profits?",[],{"_key":2701,"_type":143,"children":2702,"markDefs":2707,"style":164},"k579",[2703],{"_key":2704,"_type":147,"marks":2705,"text":2706},"k578",[],"CapEx doesn’t reduce profit right away. Instead, the cost is expensed throughout the useful life of the asset through depreciation or amortization.",[],{"_key":2709,"_type":143,"children":2710,"markDefs":2715,"style":1506},"k583",[2711],{"_key":2712,"_type":147,"marks":2713,"text":2714},"k582",[1178],"What is the difference between growth and maintenance CAPEX?",[],{"_key":2717,"_type":143,"children":2718,"markDefs":2723,"style":164},"k587",[2719],{"_key":2720,"_type":147,"marks":2721,"text":2722},"k586",[],"Maintenance CapEx is for repairs or replacements to preserve existing operations, and development CapEx is to create capacity, support market expansion, or enhance long-term production capacities.",[],{"_key":2725,"_type":143,"children":2726,"markDefs":2731,"style":1506},"k591",[2727],{"_key":2728,"_type":147,"marks":2729,"text":2730},"k590",[1178],"What is the difference between growth and maintenance CapEx?",[],{"_key":2733,"_type":143,"children":2734,"markDefs":2739,"style":164},"k595",[2735],{"_key":2736,"_type":147,"marks":2737,"text":2738},"k594",[],"Growth CapEx buys new assets to increase revenue and expand the business. Maintenance CapEx repairs or replaces existing assets to keep current operations running. Only growth CapEx aims to actively scale profits.",[],{"_key":2741,"_type":143,"children":2742,"markDefs":2747,"style":1506},"k599",[2743],{"_key":2744,"_type":147,"marks":2745,"text":2746},"k598",[1178],"Why do investors care about CapEx?",[],{"_key":2749,"_type":143,"children":2750,"markDefs":2755,"style":164},"k603",[2751],{"_key":2752,"_type":147,"marks":2753,"text":2754},"k602",[],"CapEx is a key indicator of growth strategy, operational efficiency, infrastructure intensity, and long-term scalability that investors monitor closely. Heavy capital spending can be a sign of growth, but it can place a strain on cash flow.",[],{"_key":2757,"_type":143,"children":2758,"markDefs":2763,"style":1506},"k607",[2759],{"_key":2760,"_type":147,"marks":2761,"text":2762},"k606",[1178],"Can CapEx be negative?",[],{"_key":2765,"_type":143,"children":2766,"markDefs":2771,"style":164},"k611",[2767],{"_key":2768,"_type":147,"marks":2769,"text":2770},"k610",[],"Yes. Negative CapEx can also happen if a company sells more long-term assets than it buys in a given reporting period, resulting in a net cash inflow from asset sales.",[],{"_key":2773,"_type":143,"children":2774,"markDefs":2779,"style":1506},"k615",[2775],{"_key":2776,"_type":147,"marks":2777,"text":2778},"k614",[1178],"Is too much Capex bad for cash flow?",[],{"_key":2781,"_type":143,"children":2782,"markDefs":2787,"style":164},"k619",[2783],{"_key":2784,"_type":147,"marks":2785,"text":2786},"k618",[],"Yes. There are periods of rapid development or infrastructure demanding growth that require big upfront investments that might drain liquidity before operational returns or revenue growth materializes.",[],{"_key":2789,"_type":143,"children":2790,"markDefs":2795,"style":1506},"k623",[2791],{"_key":2792,"_type":147,"marks":2793,"text":2794},"k622",[1178],"Can I claim R&D on capital expenditures?",[],{"_key":2797,"_type":143,"children":2798,"markDefs":2803,"style":164},"k627",[2799],{"_key":2800,"_type":147,"marks":2801,"text":2802},"k626",[],"Depending on the handling of the accounting, kind of asset, and tax requirements, some investments related to R&D may qualify for capitalization. A common example is the cost of software development or patented technologies.",[],{"_key":2805,"_type":143,"children":2806,"markDefs":2811,"style":1506},"k631",[2807],{"_key":2808,"_type":147,"marks":2809,"text":2810},"k630",[1178],"Can I reclaim VAT on capital expenditures?",[],{"_key":2813,"_type":143,"children":2814,"markDefs":2819,"style":164},"k635",[2815],{"_key":2816,"_type":147,"marks":2817,"text":2818},"k634",[],"In most cases, the VAT incurred on capital purchases will be refundable where the assets are employed for taxable business purposes. Depends on local rules for taxes and use of the asset in activities.",[],{"slug":1135,"title":1136},{"_type":839,"alternativeText":2822,"height":1126,"url":2823,"width":1128},"Capital expenditure (CapEx): Definition, examples & how to plan spending","https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fblog\u002F1bc848e50fd420f59c98bfbea5c450f4\u002Fshared_cover_1bc848e5.jpeg",[2825,2831,2837,2843,2849,2856],{"_key":1176,"_type":143,"children":2826,"level":1217,"listItem":1218,"markDefs":2830,"style":164},[2827],{"_key":1301,"_type":147,"marks":2828,"text":2829},[],"Capital expenditure (CapEx) is a long-term investment in equipment, infrastructure, buildings, and operational systems that support your organization for multiple years.",[],{"_key":1316,"_type":143,"children":2832,"level":1217,"listItem":1218,"markDefs":2836,"style":164},[2833],{"_key":1312,"_type":147,"marks":2834,"text":2835},[],"CapEx appears across the balance sheet, income statement, and cash flow statement. The cash flow effect is immediate; the profit effect is slow via depreciation.",[],{"_key":1327,"_type":143,"children":2838,"level":1217,"listItem":1218,"markDefs":2842,"style":164},[2839],{"_key":1183,"_type":147,"marks":2840,"text":2841},[],"By understanding the distinction between CapEx and OpEx, you're better able to manage profitability, tax treatment, and long-term cash flow planning.",[],{"_key":1191,"_type":143,"children":2844,"level":1217,"listItem":1218,"markDefs":2848,"style":164},[2845],{"_key":1194,"_type":147,"marks":2846,"text":2847},[],"Businesses classify capital expenditures into maintenance, growth, and strategy based upon what they want to achieve operationally in relation to their investment.",[],{"_key":1202,"_type":143,"children":2850,"level":1217,"listItem":1218,"markDefs":2855,"style":164},[2851],{"_key":2852,"_type":147,"marks":2853,"text":2854},"k13",[],"Large capital investments can create increased capacity and the ability to grow long-term, but poor planning creates liquidity pressure prior to profits being realized.",[],{"_key":2270,"_type":143,"children":2857,"level":1217,"listItem":1218,"markDefs":2862,"style":164},[2858],{"_key":2859,"_type":147,"marks":2860,"text":2861},"k16",[],"As organizations become more operationally complex, effective capital expenditure planning focuses on the expectation of ROI from the capital investments, the payback period, the approval process, and the extent of financial data.",[],[2864,2870,2876],{"_key":1176,"_type":143,"children":2865,"markDefs":2869,"style":164},[2866],{"_key":1301,"_type":147,"marks":2867,"text":2868},[],"Businesses invest in infrastructure, machinery, buildings, and operating systems to increase their capacity, support growth, or plan ahead for future growth. However, when businesses spend this money and they don't understand how this will impact their cash flow, operational flexibility, or profitability, it can put pressure faster than they realize.",[],{"_key":1316,"_type":143,"children":2871,"markDefs":2875,"style":164},[2872],{"_key":1312,"_type":147,"marks":2873,"text":2874},[],"Awareness spending has become crucial for business as the pressure to invest keeps on rising, especially AI-related infrastructure. A 19% increase in capital spending from S&P 500 companies was projected for 2025, and a 13% increase is projected for 2026.",[],{"_key":1327,"_type":143,"children":2877,"markDefs":2881,"style":164},[2878],{"_key":1183,"_type":147,"marks":2879,"text":2880},[],"Understanding capital expenditure and how to plan spending is the need of the hour, as it helps prevent financial burden too soon into an organization's lifecycle.",[],"2026-06-25T07:01:49.392Z",{"_type":122,"metaDescription":2884,"metaTitle":2885,"socialShareImageUrl":2886},"What is capital expenditure? How do companies calculate capex? 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