What is capex in finance for investors tracking industrial

For investors tracking industrial stocks, understanding "what is capex in finance" helps predict operational capacity. Steel producers’ capex has surged 18% in early 2024, potentially influencing supply and price stability in the commodities market. Moreover, let's assume that the NTM FCF margin will average 14%, up from 13% in its 9-month results. This could be due to flat or lower capex spending, as mentioned above, as revenue rises. As a result, we can forecast FCF: Financial conditions weakened further. Aging receivables over 30 days rose to 2.3%, an increase of a quarter of a percentage point. Aging receivables increased at banks and independents but declined at captives. Charge-offs rose for the second consecutive month to 0.60%, the highest loss rate since September 2020. The trailing six-month average rose to 0.50% and has been trending up over the last five months. It is now more elevated than at any point from 2015 through 2019. The correlation between stock price momentum and "what is capex in finance" is evident in renewable energy ETFs, which show stronger inflows toward companies with aggressive capital investment programs this year.