GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Throgmorton Trust PLC (CHIX:THRGl) » Definitions » Gross Property, Plant and Equipment

BlackRock Throgmorton Trust (CHIX:THRGL) Gross Property, Plant and Equipment : £0.00 Mil (As of May. 2024)


View and export this data going back to 2015. Start your Free Trial

What is BlackRock Throgmorton Trust Gross Property, Plant and Equipment?


BlackRock Throgmorton Trust Gross Property, Plant and Equipment Historical Data

The historical data trend for BlackRock Throgmorton Trust'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.

BlackRock Throgmorton Trust Gross Property, Plant and Equipment Chart

BlackRock Throgmorton Trust Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

BlackRock Throgmorton Trust Quarterly Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 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 - - - - -

BlackRock Throgmorton Trust 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.


BlackRock Throgmorton Trust  (CHIX:THRGl) 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.


BlackRock Throgmorton Trust Gross Property, Plant and Equipment Related Terms

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


BlackRock Throgmorton Trust Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Throgmorton Trust PLC is an investment trust engaged in the business of portfolio investment. Its objective is to provide shareholders with long-term capital growth and an attractive total return through investment predominantly in UK smaller and mid-capitalisation companies traded on the London Stock Exchange. Its portfolio of investments consists of securities of companies from Industrials, Consumer Discretionary, Financials, Technology. Basic Materials and other sectors.

BlackRock Throgmorton Trust Headlines

No Headlines