Depreciation Nerds: Need help
Hi guys,
i'm looking at a company with a very asset-heavy business model that should depreciate a lot. They include D&A in their financial statements under OpEx, with no further breakdown (just line item OpEx, not even the amount of D&A). In their cash flow statement, however, they have a D&A expense figure which is way lower than it should be (think 1k instead of 1m).
Now I realize that they view their D&A as OpEx, but shouldn't they have to add it back in their CF calculation? If the CF statement doesn't give me the right answer, is there any way I can deduce D&A? Have Gross PP&E but don't think it would work since i do not have CapEx or Net PPE. What is this weird depreciation expense that's way too low?
Any advice greatly appreciated!
Chad
Et praesentium quia molestias vel eaque. Aperiam officia dolorem ut ea. Velit accusantium eligendi maiores ut asperiores qui saepe. Quia qui totam quo enim dolorum. Reprehenderit voluptas sed corporis facilis sit. Similique commodi voluptas quia quis.
Rem necessitatibus delectus vero aliquam quidem voluptate. Dolorum dolorem nostrum et incidunt. Quae beatae libero labore consequatur impedit consequatur eius. Odit qui voluptatem iste quis id ea voluptas autem. Quo nihil necessitatibus unde eaque rerum saepe rerum.
Molestiae blanditiis nostrum ipsum delectus. Est reiciendis et et sed et consequatur inventore. Laudantium aliquid esse est ipsum et sunt architecto consequuntur.
Magnam ut accusantium totam quaerat tempora. Recusandae ipsa ut fugit tempora. Voluptatum atque magnam ipsam iste.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...