OPEX vs. CAPEX While you’re researching OPEX, you’ll probably come across another, similar term: CAPEX. There are a couple of important distinctions between the two concepts that you need to be aware of. Essentially, CAPEX (capital expenses or expenditure) refers to purchases made by your ...
And then we estimate regression, considering that for default probability of high-tech companies, current ratio and capex are also relevant.(11)Defaulti,t=β0+β1R&Di,t+β2Detaulti,t−1+β3Market/Booki,t+β4Leveragei,t+β5ProfitMargini,t+β6Sizei,t+β7lnAgei,t+β8ROAi,t+β9...
In order to determine whether the “10-point Soil Plan” reduced the firms’ capital expenditure, this study used the natural logarithm of total capital expenditures to measure capital expenditures (Capex). Capex refers to the net expenditures incurred for the acquisition and construction of assets ...