depreciation
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jan 23, 2024 by Tom Gaynor · across every show →
Everything said about depreciation, oldest first
Jan 23, 2024 negative
Gaynor: In capital-heavy industries, replacement costs exceed accounting depreciation
“Now, if you're talking about oil companies, or steel mills, or heavy capital intensive businesses, it's not a good map, because the D that you're subtracting out to sort of talk about the earnings power, Not only is that D real and shouldn't be subtracted out,…”