GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Coherent Inc (NAS:COHR) » Definitions » Gross Property, Plant and Equipment

Coherent (Coherent) Gross Property, Plant and Equipment : $374 Mil (As of Mar. 2022)


View and export this data going back to 1990. Start your Free Trial

What is Coherent Gross Property, Plant and Equipment?

Coherent's quarterly gross PPE declined from Sep. 2021 ($788 Mil) to Dec. 2021 ($379 Mil) and declined from Dec. 2021 ($379 Mil) to Mar. 2022 ($374 Mil).

Coherent's annual gross PPE increased from Sep. 2019 ($677 Mil) to Sep. 2020 ($713 Mil) and increased from Sep. 2020 ($713 Mil) to Sep. 2021 ($788 Mil).


Coherent Gross Property, Plant and Equipment Historical Data

The historical data trend for Coherent'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.

Coherent Gross Property, Plant and Equipment Chart

Coherent Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 564.91 632.31 676.93 712.74 787.77

Coherent Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 344.26 371.51 787.77 379.18 373.80

Coherent 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.


Coherent  (NAS:COHR) 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.


Coherent Gross Property, Plant and Equipment Related Terms

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


Coherent (Coherent) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Coherent Inc (NAS:COHR) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
N/A
Address
5100 Patrick Henry Drive, Santa Clara, CA, USA, 95054
Coherent Inc supplies photonics-based solutions for commercial and scientific research applications. The firm operates in two segments: OEM Laser Sources and Industrial Lasers & Systems. The OEM Laser Sources segment develops and manufactures products for the microelectronics, scientific research, government, and original equipment manufacturer markets. This business contributes the majority of revenue. The Industrial Lasers & Systems segment makes products for the materials processing, OEM components and instrumentation, and microelectronics markets, with a focus on higher-volume products that are sold in set configurations. The majority of Coherent's revenue is generated outside of the United States.
Executives
Kevin S. Palatnik officer: Chief Financial Officer 2655 SEELY AVENUE, BLDG. 5, SAN JOSE CA 95134
Jay T Flatley director 9885 TOWNE CENTRE DR, SAN DIEGO CA 92121
Pamela Fletcher director C/O COHERENT, INC., 5100 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Beverly Kay Matthews director C/O COHERENT, INC., 5100 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Sandeep Vij director C/O XILINX INC, 2100 LOGIC DRIVE, SAN JOSE CA 95124
Michael R. Mcmullen director 5301 STEVENS CREEK BLVD., MS 1A-LC, SANTA CLARA CA 95051
Stephen A Skaggs director 5555 NE MOORE CT., HILLSBORO OR 97124
Andreas W Mattes director, officer: President and CEO C/O DIEBOLD, INCORPORATED, 5995 MAYFAIR RD, NORTH CANTON OH 44720
Garry W Rogerson director 3120 HANSEN WAY, PALO ALTO CA 943041030
Mark Stewart Sobey officer: EVP & Chief Operating Officer
Bret Dimarco officer: Exec VP & Chief Legal Officer PO BOX 54980 SANTA CLARA CA 95056-0980
Paul F Sechrist officer: EVP Worldwide Sales & Services 5100 PATRICK HENRY DR SANTA CLARA CA 95054
John Ambroseo director, officer: Pres. & CEO
Luis Spinelli officer: Exec VP, CTO P O BOX 54980 SANTA CLARA CA 950560980
Susan M. James director COHERENT, INC., P. O. BOX 54980, SANTA CLARA CA 95056-0980