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Frontier Springs (BOM:522195) Gross Property, Plant and Equipment : ₹531 Mil (As of Sep. 2024)


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What is Frontier Springs Gross Property, Plant and Equipment?

Frontier Springs's quarterly gross PPE declined from Mar. 2024 (₹769 Mil) to Jun. 2024 (₹0 Mil) but then increased from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹531 Mil).

Frontier Springs's annual gross PPE increased from Mar. 2022 (₹609 Mil) to Mar. 2023 (₹694 Mil) and increased from Mar. 2023 (₹694 Mil) to Mar. 2024 (₹769 Mil).


Frontier Springs Gross Property, Plant and Equipment Historical Data

The historical data trend for Frontier Springs'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.

Frontier Springs Gross Property, Plant and Equipment Chart

Frontier Springs Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 531.72 552.77 609.18 693.65 769.04

Frontier Springs Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 442.70 - 769.04 - 530.91

Frontier Springs 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.


Frontier Springs  (BOM:522195) 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.


Frontier Springs Gross Property, Plant and Equipment Related Terms

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Frontier Springs Business Description

Traded in Other Exchanges
N/A
Address
E-14, Panki Industrial Area, Site-1, Kanpur, UP, IND, 208 022
Frontier Springs Ltd is engaged in the manufacturing of hot Coiled springs and forging items for transportation, industrial, and government applications. The product offering of the company includes L.B.Springs and Hot Coiled Compression Spring and forging items for Wagon, Locomotives, and Carriages, among others. The company supplies its products to railways, bogie manufacturers, Chittaranjan locomotive works, diesel locomotive works, integrated coach factories, and rail coach factories. In addition to the supply to the railways, the company is also supplying the springs to heavy engineering industries and original earth movers equipment manufacturers.

Frontier Springs Headlines

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