GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bezant Resources PLC (FRA:BN5) » Definitions » Gross Property, Plant and Equipment

Bezant Resources (FRA:BN5) Gross Property, Plant and Equipment : €4.86 Mil (As of Jun. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Bezant Resources Gross Property, Plant and Equipment?

Bezant Resources's quarterly gross PPE increased from Jun. 2023 (€0.08 Mil) to Dec. 2023 (€4.53 Mil) and increased from Dec. 2023 (€4.53 Mil) to Jun. 2024 (€4.86 Mil).

Bezant Resources's annual gross PPE stayed the same from Dec. 2021 (€0.08 Mil) to Dec. 2022 (€0.08 Mil) but then increased from Dec. 2022 (€0.08 Mil) to Dec. 2023 (€4.53 Mil).


Bezant Resources Gross Property, Plant and Equipment Historical Data

The historical data trend for Bezant 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.

Bezant Resources Gross Property, Plant and Equipment Chart

Bezant Resources Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.72 7.15 0.08 0.08 4.53

Bezant Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.08 0.08 0.08 4.53 4.86

Bezant 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.


Bezant Resources  (FRA:BN5) 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.


Bezant Resources Gross Property, Plant and Equipment Related Terms

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


Bezant Resources Business Description

Industry
Traded in Other Exchanges
Address
4 Thomas More Square, Floor 6, Quadrant House, London, GBR, E1W 1YW
Bezant Resources PLC is a United Kingdom-based exploration company that is engaged in the exploration, evaluation, beneficiation and development of mineral resources. The company's exploration projects include the Kalengwa copper-silver project in Zambia; Hope Copper-Gold Project; Kanye Manganese Project in Botswana; Mankayan Project in the Philippines and the Eureka Project in northern Argentina. The operations of the Group are focused in geographical segments, namely the UK, Argentina, Namibia, and Botswana, and comprise one class of business: the exploration, evaluation and development of mineral resources. The UK is used for the administration of the Group and includes equity investments in non-group companies .

Bezant Resources Headlines

No Headlines