GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » WestKam Gold Corp (FRA:OUH3) » Definitions » Gross Property, Plant and Equipment

WestKam Gold (FRA:OUH3) Gross Property, Plant and Equipment : €0.08 Mil (As of Jul. 2024)


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

What is WestKam Gold Gross Property, Plant and Equipment?

WestKam Gold's quarterly gross PPE stayed the same from Jan. 2024 (€0.08 Mil) to Apr. 2024 (€0.08 Mil) but then declined from Apr. 2024 (€0.08 Mil) to Jul. 2024 (€0.08 Mil).

WestKam Gold's annual gross PPE increased from Oct. 2021 (€0.08 Mil) to Oct. 2022 (€0.08 Mil) but then declined from Oct. 2022 (€0.08 Mil) to Oct. 2023 (€0.08 Mil).


WestKam Gold Gross Property, Plant and Equipment Historical Data

The historical data trend for WestKam 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.

WestKam Gold Gross Property, Plant and Equipment Chart

WestKam Gold Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.90 0.07 0.08 0.08 0.08

WestKam Gold Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.08 0.08

WestKam 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.


WestKam Gold  (FRA:OUH3) 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.


WestKam Gold Gross Property, Plant and Equipment Related Terms

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


WestKam Gold Business Description

Industry
Traded in Other Exchanges
Address
570 Granville Street, Suite 900, Vancouver, BC, CAN, V6C 3P1
WestKam Gold Corp is a gold exploration company engaged in acquiring and exploring gold deposits. It is focused on the development of the Bonaparte Gold Project near Kamloops, British Columbia. The company operates in one business segment is the acquisition and exploration of assets in Canada.

WestKam Gold Headlines

No Headlines