GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Netel Holding AB (FRA:2CR) » Definitions » Property, Plant and Equipment

Netel Holding AB (FRA:2CR) Property, Plant and Equipment : €14.1 Mil (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Netel Holding AB Property, Plant and Equipment?

Netel Holding AB's quarterly net PPE declined from Mar. 2024 (€15.1 Mil) to Jun. 2024 (€14.7 Mil) and declined from Jun. 2024 (€14.7 Mil) to Sep. 2024 (€14.1 Mil).

Netel Holding AB's annual net PPE increased from Dec. 2021 (€12.2 Mil) to Dec. 2022 (€17.0 Mil) but then declined from Dec. 2022 (€17.0 Mil) to Dec. 2023 (€15.5 Mil).


Netel Holding AB Property, Plant and Equipment Historical Data

The historical data trend for Netel Holding AB'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.

Netel Holding AB Property, Plant and Equipment Chart

Netel Holding AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial 10.89 7.86 12.17 17.01 15.47

Netel Holding AB Quarterly Data
Dec18 Dec19 Jun20 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 15.81 15.47 15.11 14.71 14.09

Netel Holding AB 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.


Netel Holding AB  (FRA:2CR) 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.


Netel Holding AB Property, Plant and Equipment Related Terms

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


Netel Holding AB Business Description

Industry
Traded in Other Exchanges
Address
Fagelviksvagen 9, 7th Floor, Stockholm, SWE, SE-145 84
Netel Holding AB is a specialist in critical infrastructure projects and services. It offers customers efficient, high-quality infrastructure projects and services through its extensive experience, broad geographical presence, and decentralized organization. It caters to industry players in power, telecommunications, and heating as well as water and sewage in carrying out projects as well as services and maintenance. It undertakes projects like planning, building, and maintaining electricity distribution networks, carrying out projects within street lighting, electric car charges, and building and maintaining both fibre and mobile networks among others. The company has five operating segments: Sweden which generates key revenue, Norway, Finland, Germany, and the United Kingdom.

Netel Holding AB Headlines

No Headlines