GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cemex SAB de CV (NYSE:CX) » Definitions » Property, Plant and Equipment

CX (CemexB de CV) Property, Plant and Equipment : $11,253 Mil (As of Sep. 2024)


View and export this data going back to 1999. Start your Free Trial

What is CemexB de CV Property, Plant and Equipment?

CemexB de CV's quarterly net PPE declined from Mar. 2024 ($12,459 Mil) to Jun. 2024 ($11,461 Mil) and declined from Jun. 2024 ($11,461 Mil) to Sep. 2024 ($11,253 Mil).

CemexB de CV's annual net PPE declined from Dec. 2021 ($11,367 Mil) to Dec. 2022 ($11,317 Mil) but then increased from Dec. 2022 ($11,317 Mil) to Dec. 2023 ($12,506 Mil).


CemexB de CV Property, Plant and Equipment Historical Data

The historical data trend for CemexB de CV'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.

CemexB de CV Property, Plant and Equipment Chart

CemexB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,893.00 11,456.00 11,367.00 11,317.00 12,506.00

CemexB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 11,876.47 12,506.00 12,458.81 11,461.22 11,252.92

CemexB de CV 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.


CemexB de CV  (NYSE:CX) 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.


CemexB de CV Property, Plant and Equipment Related Terms

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


CemexB de CV Business Description

Address
Avenida Ricardo Margain Zozaya No.325, Colonia Valle del Campestre, San Pedro Garza Garcia, NL, MEX, 66265
Cemex SAB de CV is a ready-mix concrete company that mainly engaged in activities that are oriented to the construction industry, mainly through the production, marketing, sale, and distribution of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services.

CemexB de CV Headlines

From GuruFocus

Q4 2022 Cemex SAB de CV Earnings Call Transcript

By GuruFocus Research 02-10-2024

Fitch Ratings Upgrades Cemex to Investment Grade

By Business Wire 04-30-2024

Cemex SAB de CV Investor Day - Part I Transcript

By GuruFocus Research 02-10-2024

Q1 2021 Cemex SAB de CV Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q3 2022 Cemex SAB de CV Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q2 2024 Cemex SAB de CV Earnings Call Transcript

By GuruFocus Research 07-26-2024

Q3 2021 Cemex SAB de CV Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q1 2022 Cemex SAB de CV Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q4 2021 Cemex SAB de CV Earnings Call Transcript

By GuruFocus Research 02-10-2024