Calculating/Projecting Capex in PP&E Schedule
Hi All,
Working on a three-statement model on a private company for a case study and had a question. All I was provided was P&L's and BS. When calculating CapEx for most recent year, Fixed Assets decreased from 2021 to 2022, and so when calculating CapEx (End PP&E - Beg PP&E + Depreciation Expense) Capex is coming out negative. Without management provided guidance on future CapEx, how do I go about projecting CapEx in the PP&E schedule? This is tough because obviously I need this schedule so I can also project D&A that flows back into the IS, as well as projecting future Fixed Assets in the BS. Would love any guidance on solutions here and if there is an issue somewhere.
Thanks!
Ducimus recusandae rerum vel ea tempora non deleniti. Dolor ab sunt exercitationem est est et. Culpa optio qui odit voluptates explicabo sed.
Eaque dolor ut saepe molestiae vel. Totam recusandae eveniet quia et eius non. Enim aut harum culpa ratione accusantium. Ea est dolorem consequatur saepe vitae beatae. Qui ut perferendis placeat modi enim. Totam eveniet repudiandae nesciunt voluptatibus necessitatibus voluptatum. Quis similique reiciendis commodi qui.
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...