Manila Electric Co (PHS:MER) Machinery, Furniture, Equipment : ₱61,722 Mil (As of Mar. 2024)

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What is Manila Electric Co Machinery, Furniture, Equipment?

Manila Electric Co's Machinery, Furniture, Equipment for the quarter that ended in Mar. 2024 was ₱61,722 Mil.

Manila Electric Co's quarterly Machinery, Furniture, Equipment increased from Sep. 2023 (₱54,113 Mil) to Dec. 2023 (₱63,660 Mil) but then declined from Dec. 2023 (₱63,660 Mil) to Mar. 2024 (₱61,722 Mil).

Manila Electric Co's annual Machinery, Furniture, Equipment declined from Dec. 2021 (₱51,807 Mil) to Dec. 2022 (₱51,632 Mil) but then increased from Dec. 2022 (₱51,632 Mil) to Dec. 2023 (₱63,660 Mil).

Manila Electric Co Machinery, Furniture, Equipment Historical Data

The historical data trend for Manila Electric Co's Machinery, Furniture, 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.

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Manila Electric Co Machinery, Furniture, Equipment Chart

Manila Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Machinery, Furniture, Equipment

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7,452.00

8,052.00

51,807.00

51,632.00

63,660.00

Manila Electric Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Machinery, Furniture, Equipment	Get a 7-Day Free Trial															51,239.00	51,301.00	54,113.00	63,660.00	61,722.00

Manila Electric Co Machinery, Furniture, Equipment Calculation

Machinery, Furniture, Equipment represents those fixed assets specifically dealing with tools, equipment and office furniture.

Manila Electric Co (PHS:MER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Manila Electric Co (PHS:MER) » Definitions » Machinery, Furniture, Equipment

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Traded in Other Exchanges

MAEOY:USA

Address

Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605

Website

https://www.meralco.com.ph

Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the largest electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

Manila Electric Co (PHS:MER) Headlines

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