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Siemens Gamesa Renewable Energy (Siemens Gamesa Renewable Energy) Property, Plant and Equipment : $2,952 Mil (As of Dec. 2022)


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What is Siemens Gamesa Renewable Energy Property, Plant and Equipment?

Siemens Gamesa Renewable Energy's quarterly net PPE declined from Jun. 2022 ($2,863 Mil) to Sep. 2022 ($2,771 Mil) but then increased from Sep. 2022 ($2,771 Mil) to Dec. 2022 ($2,952 Mil).

Siemens Gamesa Renewable Energy's annual net PPE increased from Sep. 2020 ($2,636 Mil) to Sep. 2021 ($3,034 Mil) but then declined from Sep. 2021 ($3,034 Mil) to Sep. 2022 ($2,771 Mil).


Siemens Gamesa Renewable Energy Property, Plant and Equipment Historical Data

The historical data trend for Siemens Gamesa Renewable Energy'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.

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Siemens Gamesa Renewable Energy Property, Plant and Equipment Chart

Siemens Gamesa Renewable Energy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Sep18 Sep19 Sep20 Sep21 Sep22
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,683.20 1,570.38 2,635.91 3,033.58 2,771.18

Siemens Gamesa Renewable Energy Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 2,998.87 3,004.54 2,862.58 2,771.18 2,952.33

Siemens Gamesa Renewable Energy 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.


Siemens Gamesa Renewable Energy  (OTCPK:GCTAY) 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.


Siemens Gamesa Renewable Energy Property, Plant and Equipment Related Terms

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Siemens Gamesa Renewable Energy (Siemens Gamesa Renewable Energy) Business Description

Traded in Other Exchanges
N/A
Address
Parque Tecnologico de Bizkaia, Building 222, Vizcaya, Zamudio, ESP, 48170
Siemens Gamesa is a leading manufacturer of onshore and offshore wind turbines. The company is the product of the merger between Siemens Wind Power and Gamesa in 2017. The firm operates in two business segments: wind turbines and services. Siemens Gamesa retained its position as the leading installer of offshore turbines in 2020. Siemens Energy (a recent spinoff from Siemens AG) has announced the takeover and delisting of Siemens Gamesa.

Siemens Gamesa Renewable Energy (Siemens Gamesa Renewable Energy) Headlines