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PT Metropolitan Land Tbk (ISX:MTLA) Property, Plant and Equipment : Rp789,479 Mil (As of Jun. 2024)


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What is PT Metropolitan Land Tbk Property, Plant and Equipment?

PT Metropolitan Land Tbk's quarterly net PPE increased from Dec. 2023 (Rp770,407 Mil) to Mar. 2024 (Rp802,586 Mil) but then declined from Mar. 2024 (Rp802,586 Mil) to Jun. 2024 (Rp789,479 Mil).

PT Metropolitan Land Tbk's annual net PPE increased from Dec. 2021 (Rp607,049 Mil) to Dec. 2022 (Rp712,719 Mil) and increased from Dec. 2022 (Rp712,719 Mil) to Dec. 2023 (Rp770,407 Mil).


PT Metropolitan Land Tbk Property, Plant and Equipment Historical Data

The historical data trend for PT Metropolitan Land Tbk'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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PT Metropolitan Land Tbk Property, Plant and Equipment Chart

PT Metropolitan Land Tbk 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 385,178.00 497,402.00 607,049.00 712,719.00 770,407.00

PT Metropolitan Land Tbk Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 768,973.00 770,252.00 770,407.00 802,586.00 789,479.00

PT Metropolitan Land Tbk 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.


PT Metropolitan Land Tbk  (ISX:MTLA) 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.


PT Metropolitan Land Tbk Property, Plant and Equipment Related Terms

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PT Metropolitan Land Tbk Business Description

Traded in Other Exchanges
N/A
Address
Moeffreni Moe'min, Jl. Letkol M., Pekayon Jaya, Bekasi, IDN, 17148
PT Metropolitan Land Tbk together with its subsidiaries is engaged in the development of housing and construction of buildings and providing other related services. Its business activities comprise of land acquisition, real estate development, leasing, hotel construction and operation, the sale of land and buildings including residential houses and shop houses, and investing in its subsidiaries. The company generates revenue from several primary sources, including sales of real estate, hotel revenue, rental income, and service charges to tenants. Its reportable segments are real estate, shopping centers, hotels, and others. The majority of its revenue is generated from real estate segment.

PT Metropolitan Land Tbk Headlines

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