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MERC (Mercer International) Property, Plant and Equipment : $1,342 Mil (As of Jun. 2024)


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What is Mercer International Property, Plant and Equipment?

Mercer International's quarterly net PPE declined from Dec. 2023 ($1,422 Mil) to Mar. 2024 ($1,373 Mil) and declined from Mar. 2024 ($1,373 Mil) to Jun. 2024 ($1,342 Mil).

Mercer International's annual net PPE increased from Dec. 2021 ($1,145 Mil) to Dec. 2022 ($1,356 Mil) and increased from Dec. 2022 ($1,356 Mil) to Dec. 2023 ($1,422 Mil).


Mercer International Property, Plant and Equipment Historical Data

The historical data trend for Mercer International's 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.

Mercer International Property, Plant and Equipment Chart

Mercer International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,087.25 1,122.99 1,145.34 1,356.37 1,421.66

Mercer International Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,448.81 1,414.10 1,421.66 1,372.60 1,341.85

Mercer International Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


Mercer International  (NAS:MERC) 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.


Mercer International Property, Plant and Equipment Related Terms

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Mercer International Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1G8
Mercer International Inc is a forest products company with two reportable operating segments in pulp and solid wood. The pulp segment consists of the manufacture, sale, and distribution of pulp, electricity, and chemicals. The solid wood segment consists of the manufacture, sale, and distribution of lumber, manufactured products wood pallets, electricity, biofuels, and wood residuals from sawmills and other facilities located in Germany and the United States. The company has a geographical presence in the USA, Germany, China, and Other countries, where the majority of revenue is generated from the USA. The majority of the revenue is generated from the Pulp segment.
Executives
Bueno Estrada Juan Carlos officer: Chief Executive Officer & Pres SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Janine North director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Rainer Rettig director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Richard George Short officer: Controller SUITE 2840, 650 WEST GEORGIA STREET, VANCOUVER A1 V6B 4N8
Wolfgang Beck officer: Senior VP,Global Product SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Alice Laberge director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Torbjoern Loeoef director SUITE 1120-700 WEST PENDER STREET, VANCOUVER A1 V6C1G8
Thomas Kevin Corrick director C/O BOISE CASCADE, L.L.C., 1111 W. JEFFERSON ST., STE 300, BOISE ID 83702-5389
Cynthia Margaret Alekson officer: VP, Controller SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Carsten Merforth officer: COO, Wood Products SUITE 1120 - 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Keith Purchase director SUITE 1120, 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Peter R Kellogg 10 percent owner 48 WALL STREET, C/O IAT REINSURANCE CO LTD, NEW YORK NY 10005
Guy Arguin officer: Chief Human Resources Officer SUITE 1120 - 700 WEST PENDER STREET, VANCOUVER A1 V6C 1G8
Eric Xavier Heine officer: VP Sales & Marketing NA & Asia 650 WEST GEORGIA STREET, VANCOUVER A1 V6B 4N8
Wolfram Ridder officer: VP of Business Development AM EISENBUHL 7, SELBITZ 2M D-95152