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PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Property, Plant and Equipment : $1,518 Mil (As of Sep. 2023)


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What is PT Krakatau Steel (Persero) Tbk Property, Plant and Equipment?

PT Krakatau Steel (Persero) Tbk's quarterly net PPE declined from Mar. 2023 ($1,563 Mil) to Jun. 2023 ($1,536 Mil) and declined from Jun. 2023 ($1,536 Mil) to Sep. 2023 ($1,518 Mil).

PT Krakatau Steel (Persero) Tbk's annual net PPE increased from Dec. 2020 ($2,191 Mil) to Dec. 2021 ($2,221 Mil) but then declined from Dec. 2021 ($2,221 Mil) to Dec. 2022 ($1,513 Mil).


PT Krakatau Steel (Persero) Tbk Property, Plant and Equipment Historical Data

The historical data trend for PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk Property, Plant and Equipment Chart

PT Krakatau Steel (Persero) Tbk Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,162.26 2,124.20 2,191.02 2,220.64 1,512.77

PT Krakatau Steel (Persero) Tbk Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1,726.03 1,512.77 1,563.08 1,536.20 1,517.63

PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk  (OTCPK:PKRKY) 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 Krakatau Steel (Persero) Tbk Property, Plant and Equipment Related Terms

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PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Industri No. 5, P.O. Box 14, Banten, Cilegon, IDN, 42435
PT Krakatau Steel (Persero) Tbk is a steel producer in Indonesia. The company's products include Hot Rolled Coil, Cold Rolled Coil, and Wire Rod. Along with its subsidiaries, the company produces steel products with specific requirements, including Spiral Pipe, Electrical Resistance Welding Pipe, Reinforcing Bars, and Section Steel, particularly for national defense infrastructure in Indonesia. Apart from steel products, it also offers some other services and side products. It operates in five segments: Steel Products; Infrastructure facilities segment; Engineering and Construction; and Other Services. It derives the majority of revenue from the Steel Products segment.

PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Headlines

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