Eh, sane businesses wouldn't have D&A be 15% of revenue

Eh, sane businesses wouldn't have D&A be 15% of revenue
by NavyJoe (2023-03-24 16:39:32)
Edited on 2023-03-24 16:44:17

In reply to: 85000 x 85 != $5 million posted by airborneirish

We aren't in the oil and gas industry. ND, and other schools, spend profligately because they aren't supposed to be turning a profit. That $30M equates to what, almost ~$1B of capital expenditures? There's also debt service on top of the depreciation, which further degrades profitability.

The number of athletic departments which have revenue equate to expenses is absurd.

Replies:

And spend that way because they know they dont need to pay - wpkirish 2023-03-24 16:48:11
- Yes, obviously - NavyJoe 2023-03-24 16:56:53