Enova Systems (ENA)
Enova Systems Capital Expenditures: 0.016M
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ENA Capital Expenditures Rankings
| Overall | 77th percentile | 1018 of 4450 |
| Sector | 83rd percentile | 63 of 382 in Consumer Goods |
| Industry | 84th percentile | 5 of 33 in Auto Parts |
ENA Capital Expenditures Range, Past 5 Years
| Minimum | 0.006M | Mar 2009 |
| Maximum | 1.25M | Mar 2008 |
| Average | 0.1336M |
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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