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BARUF (Baru Gold) Gross Property, Plant and Equipment : $7.34 Mil (As of May. 2024)


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What is Baru Gold Gross Property, Plant and Equipment?

Baru Gold's quarterly gross PPE increased from Aug. 2023 ($6.81 Mil) to Nov. 2023 ($6.96 Mil) and increased from Nov. 2023 ($6.96 Mil) to May. 2024 ($7.34 Mil).

Baru Gold's annual gross PPE increased from Aug. 2021 ($3.21 Mil) to Aug. 2022 ($5.32 Mil) and increased from Aug. 2022 ($5.32 Mil) to Aug. 2023 ($6.81 Mil).


Baru Gold Gross Property, Plant and Equipment Historical Data

The historical data trend for Baru Gold'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.

Baru Gold Gross Property, Plant and Equipment Chart

Baru Gold Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.96 3.21 5.32 6.81

Baru Gold Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 May24
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 6.09 6.45 6.81 6.96 7.34

Baru Gold 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.


Baru Gold  (OTCPK:BARUF) 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.


Baru Gold Gross Property, Plant and Equipment Related Terms

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Baru Gold Business Description

Industry
Traded in Other Exchanges
Address
1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3
Baru Gold Corp is an Indonesian-based Canadian mineral exploration company. The company is building a new gold production facility in Indonesia. It is a junior gold developer with NI43-101 gold resources. Its projects include the Sangihe Gold project and the Indonesian Focus.

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