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Hiding in Plain Sight: Accounting for Capex
https://blogs.cfainstitute.org/investor/2025/09/24/hiding-in-plain-sight-accounting-for-capex-can-mask-accounting-free-cash-flow-in-capex-heavy-industries/
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EBITDA can mask CAPEX risks. Monitoring capital allocation is key to spotting whether investments create cash flow or quietly drain value. The post Hiding in Plain Sight: Accounting for Capex appeared first on CFA Institute Enterprising Investor.
