Forecasting Cash Flows: Refining Capital Expenditure
Interactive

Forecasting Cash Flows: Refining Capital Expenditure

Intuition Publishing
Updated Sep 24, 2020

For the purposes of forecasting cash flows, incremental capital expenditure, the difference between total capex and maintenance capex, is what drives growth. Here we will show you how to calculate maintenance and incremental capex, how to smooth capex, and look at operating leases and R&D expenditure.