capital expenditure

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capital expenditure

n. payment by a business for basic assets such as property, fixtures, or machinery, but not for day-to-day operations such as payroll, inventory, maintenance and advertising. Capital expenditures supposedly increase the value of company assets and are usually intended to improve productivity.

References in periodicals archive ?
Eastern Europe and FSU is set to be the second largest market by Capex but third by length behind North America -- accounting for 23 per cent of global Capex with almost $44 billion anticipated to be spent on installing 20,809 km of pipelines.
For 2011, Fitch expects capex to remain broadly stable compared to 2010 and notes that if demand conditions remain favourable and earnings visibility is good, strong cash generation may lead to accelerating M&A activity as well as a continued combination of capex and shareholder returns.
GCC operators can embark on their own performance improvement journey to extract further value from their cost and CapEx base.
Upstream Capex in the first nine months of 2002 hit 75% of the annual budget, providing a clear signal that firms were likely to spend well over planned levels.
Inadequate planning for CapEx was a major contributing factor to the hotel industry upheaval during the late 1980s and early 1990s.
31, 2012, Capex had a total debt-to-EBITDA ratio of 3.
The article discusses six steps telco operators can take to improve network ROIC saying that, "the days that operators could afford to take decisions on CapEx independent of commercial strategies (and vice versa) are over.
For example, China Mobile is still spending 57% of in annual CAPEX on radio network infrastructure, followed by 18% on its transmission and backbone network.
We see an earlier- thanexpected revival of corporate capex amid a strong pick- up in demand and industrial growth in the economyC* We believe that conditions are turning conducive for an acceleration in capex by corporates," said Nomura Financial Advisory and Securities ( India) in its latest report.
US No 4 Occidental Petroleum said, it was slashing capex by 25 per cent, while Russia's fourth-largest oil producer, Gazprom Neft, said it could cut by 45 per cent.
ExxonMobil is to raise capex to $13 bn/year in 2001/02 from around $11.