GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Colombia Energy Resources Inc (OTCPK:CERX) » Definitions » Gross Property, Plant and Equipment

Colombia Energy Resources (Colombia Energy Resources) Gross Property, Plant and Equipment : $11.08 Mil (As of Sep. 2012)


View and export this data going back to 2006. Start your Free Trial

What is Colombia Energy Resources Gross Property, Plant and Equipment?

Colombia Energy Resources's quarterly gross PPE increased from Mar. 2012 ($12.24 Mil) to Jun. 2012 ($12.87 Mil) but then declined from Jun. 2012 ($12.87 Mil) to Sep. 2012 ($11.08 Mil).

Colombia Energy Resources's annual gross PPE increased from Dec. 2009 ($0.00 Mil) to Dec. 2010 ($2.06 Mil) and increased from Dec. 2010 ($2.06 Mil) to Dec. 2011 ($11.24 Mil).


Colombia Energy Resources Gross Property, Plant and Equipment Historical Data

The historical data trend for Colombia Energy 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.

Colombia Energy Resources Gross Property, Plant and Equipment Chart

Colombia Energy Resources Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only - - - 2.06 11.24

Colombia Energy Resources Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 5.84 11.24 12.24 12.87 11.08

Colombia Energy 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.


Colombia Energy Resources  (OTCPK:CERX) 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.


Colombia Energy Resources Gross Property, Plant and Equipment Related Terms

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


Colombia Energy Resources (Colombia Energy Resources) Business Description

Traded in Other Exchanges
N/A
Address
One Embarcadero Center, Suite 500, San Francisco, CA, USA, 94111
Website
Colombia Energy Resources Inc. is engaged in the business of acquiring and developing metallurgical coal mines in Colombia, South America. The Company owns and controls mining concessions in the provinces of Boyaca and Santander regions.
Executives
Watsa V Prem Et Al 10 percent owner 95 WELLINGTON STREET WEST, SUITE 800, TORONTO A6 M5J 2N7
Fairfax Financial Holdings Ltd/ Can 10 percent owner FAIRFAX FINANCIAL HOLDINGS LTD, 95 WELLINGTON ST WEST STE 800, TORONTO A6 M5J 2N7
Sixty Two Investment Co Ltd 10 percent owner 1600 CATHEDRAL PLACE, 925 W GEORGIA ST, VANCOUVER BC CANADA A1 V6C3L3
Second 1109 Holdco Ltd. 10 percent owner 95 WELLINGTON ST W STE 800, TORONTO A6 M5J 2N7
810679 Ontario Ltd 10 percent owner 95 WELLINGTON STREET WEST SUITE 800, TORONTO ONTARIO CANADA A6 00000
Odyssey America Reinsurance Corp 10 percent owner 300 FIRST STAMFORD PLACE, STAMFORD CT 06902
Steelhead Partners Llc other: See footnotes (1) (2) (3) 800 FIFTH AVENUE, SUITE 3700, SEATTLE WA 98104
James Michael Johnston other: See footnotes (1) (2) (3) 333 108TH AVENUE NE, SUITE 2010, BELLEVUE WA 98004
Brian Katz Klein other: See footnotes (1) (2) (3) 333 108TH AVENUE NE, SUITE 2010, BELLEVUE WA 98004
Steelhead Navigator Master, L.p. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Peter B Lilly other: Former Director 4501 GULF SHORE BLVD N, ARIA 1203, NAPLES FL 34103
Ronald G Stovash other: Former Officer 16496 FELICITA COURT, NAPLES FL 34110-3264

Colombia Energy Resources (Colombia Energy Resources) Headlines

No Headlines