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Capital Expenditures Versus Growth Capital Expensions?
Many companies are very close to the vest about this. They don't tell you very much information about capital expenditures, a breaking it out between maintenance and growth. We read a lot of tin case is you don't have the same information every year. And so we're going to just take a windage view of it and say that 70 % of capital expenditures are not free cash flow. Therattve: I think absolutely when a business does not produce free cash flow, but as a risky buz, i'm looking at the potential for a bomb to go off.