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Arzan Financial Group for Financing and Investment KPSC (KUW:ARZAN) Property, Plant and Equipment : KWD1.92 Mil (As of Dec. 2024)


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What is Arzan Financial Group for Financing and Investment KPSC Property, Plant and Equipment?

Arzan Financial Group for Financing and Investment KPSC's quarterly net PPE declined from Jun. 2024 (KWD1.96 Mil) to Sep. 2024 (KWD1.94 Mil) and declined from Sep. 2024 (KWD1.94 Mil) to Dec. 2024 (KWD1.92 Mil).

Arzan Financial Group for Financing and Investment KPSC's annual net PPE declined from Dec. 2022 (KWD2.05 Mil) to Dec. 2023 (KWD1.93 Mil) and declined from Dec. 2023 (KWD1.93 Mil) to Dec. 2024 (KWD1.92 Mil).


Arzan Financial Group for Financing and Investment KPSC Property, Plant and Equipment Historical Data

The historical data trend for Arzan Financial Group for Financing and Investment KPSC'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.

Arzan Financial Group for Financing and Investment KPSC Property, Plant and Equipment Chart

Arzan Financial Group for Financing and Investment KPSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 2.18 2.05 1.93 1.92

Arzan Financial Group for Financing and Investment KPSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.93 1.96 1.96 1.94 1.92

Arzan Financial Group for Financing and Investment KPSC 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.


Arzan Financial Group for Financing and Investment KPSC  (KUW:ARZAN) 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.


Arzan Financial Group for Financing and Investment KPSC Property, Plant and Equipment Related Terms

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Arzan Financial Group for Financing and Investment KPSC Business Description

Traded in Other Exchanges
N/A
Address
Ahmed Al Jaber Street, Arzan Tower, P.O.Box 26442, Sharq, Safat, Kuwait City, KWT, 13125
Arzan Financial Group for Financing and Investment KPSC is a company engaged in the provision of consumer instalment credit facilities and investments. The Group has four operating segments: instalment credit, investments, financial brokerage and real estate. It offers credit facilities to purchase consumer products, brokerage, investment platforms, third-party portfolio management services, and margin trading. It generates the majority of the revenue from the Investments segment. The Group's activities, assets and liabilities are carried out and located in Kuwait, GCC, Middle East, USA and Europe.

Arzan Financial Group for Financing and Investment KPSC Headlines

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