Center Bancorp (CNBC)
Center Bancorp Capital Expenditures: 0.136M
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CNBC Capital Expenditures Rankings
| Overall | 71st percentile | 1281 of 4450 |
| Sector | 62nd percentile | 328 of 878 in Financial |
| Industry | 68th percentile | 23 of 73 in Regional - Northeast Banks |
CNBC Capital Expenditures Range, Past 5 Years
| Minimum | 0.034M | Dec 2010 |
| Maximum | 1.291M | Jun 2008 |
| Average | 0.2877M |
About Capex
Capital expenditures are a line item from a company's statement of cash flows (click "Learn More" below for details).
Capex (short for capital expenditures) are incurred when a business spends money to purchase fixed assets or to add value to an existing fixed asset. In accounting, a capital expenditures are added to an asset account, thus increasing the value of the asset.
Examples of capital expenditures include the purchase of a new manufacturing plant, investment in server farms for tech companies, or other purchases of assets expected to help the company earn profits in the future.
Unlike other investments like research and development and marketing spending, capital expenditures are not immediately expensed. Rather, property, plant and equipment acquired using capital expenditures are usually expensed over time through the use of depreciation.
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