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Financial Statements

VanEck Vectors Fallen Angel High Yield Bond

VanEck Vectors Fallen Angel High Yield Bond (ANGL)


PPE Schedule

PPE Schedule

Year
Year
Gross PPE
Annual Depreciation
Capital Expenditure
Net PPE

VanEck Vectors Fallen Angel High Yield Bond income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes VanEck Vectors Fallen Angel High Yield Bond FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.