GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canstar Resources Inc (OTCPK:CSRNF) » Definitions » Gross Property, Plant and Equipment

Canstar Resources (Canstar Resources) Gross Property, Plant and Equipment : $0.02 Mil (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Canstar Resources Gross Property, Plant and Equipment?

Canstar Resources's quarterly gross PPE stayed the same from Jun. 2023 ($0.02 Mil) to Sep. 2023 ($0.02 Mil) and stayed the same from Sep. 2023 ($0.02 Mil) to Dec. 2023 ($0.02 Mil).

Canstar Resources's annual gross PPE stayed the same from Jun. 2021 ($8.66 Mil) to Jun. 2022 ($0.02 Mil) and stayed the same from Jun. 2022 ($0.02 Mil) to Jun. 2023 ($0.02 Mil).


Canstar Resources Gross Property, Plant and Equipment Historical Data

The historical data trend for Canstar Resources's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canstar Resources Gross Property, Plant and Equipment Chart

Canstar Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.87 5.77 8.66 0.02 0.02

Canstar Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.65 8.70 0.02 0.02 0.02

Canstar Resources Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Canstar Resources  (OTCPK:CSRNF) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Canstar Resources Gross Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Canstar Resources's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Canstar Resources (Canstar Resources) Business Description

Traded in Other Exchanges
Address
220 Bay Street, Suite 550, Toronto, ON, CAN, M5J 2W4
Canstar Resources Inc is focused on creating shareholder value through the discovery and development of economic mineral deposits in Newfoundland and Labrador, Canada. The company has an option to acquire a 100% interest in the Golden Baie Project in south-central Newfoundland, a claim package with recently discovered, multiple outcropping gold occurrences on a structural trend. It also holds the Buchans-Mary March project and other mineral exploration properties in Newfoundland.

Canstar Resources (Canstar Resources) Headlines

From GuruFocus

Canstar Amends Terms of Private Placement

By GlobeNewswire GlobeNewswire 09-03-2020

Canstar Resources Closes C$210,000 Non-Brokered Private Placement

By GlobeNewswire GlobeNewswire 02-14-2020

Angus Ventures Provides an Update on the Qualifying Transaction

By Marketwired Marketwired 09-12-2019