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Almonty Industries (Almonty Industries) Property, Plant and Equipment : $123.50 Mil (As of Dec. 2023)


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What is Almonty Industries Property, Plant and Equipment?

Almonty Industries's quarterly net PPE increased from Jun. 2023 ($99.12 Mil) to Sep. 2023 ($101.20 Mil) and increased from Sep. 2023 ($101.20 Mil) to Dec. 2023 ($123.50 Mil).

Almonty Industries's annual net PPE increased from Dec. 2021 ($85.56 Mil) to Dec. 2022 ($102.11 Mil) and increased from Dec. 2022 ($102.11 Mil) to Dec. 2023 ($123.50 Mil).


Almonty Industries Property, Plant and Equipment Historical Data

The historical data trend for Almonty Industries's 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.

Almonty Industries Property, Plant and Equipment Chart

Almonty Industries Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.01 83.90 85.56 102.11 123.50

Almonty Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 102.11 89.94 99.12 101.20 123.50

Almonty Industries Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


Almonty Industries  (OTCPK:ALMTF) 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.


Almonty Industries Property, Plant and Equipment Related Terms

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Almonty Industries (Almonty Industries) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
Almonty Industries Inc is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain - the Los Santos Mine, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal - the Panasqueira Mine, the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora - the Valtreixal Mine, as well as the evaluation and evaluation of its Sangdong tungsten mine project located in Gangwon Province, Republic of Korea - the Sangdong Mine.

Almonty Industries (Almonty Industries) Headlines

From GuruFocus

Construction Update at Sangdong Tungsten Mine

By Business Wire Business Wire 06-07-2023

Almonty Industries Inc. Completes Financing Transaction of $3.9 Million

By Business Wire Business Wire 11-23-2021

Sangdong Mine Operational Update and Second KfW Drawdown received

By Business Wire Business Wire 08-24-2022