SCCI (Shimmick Construction Company) Property, Plant and Equipment: $57.22 Mil (As of Jun. 2015)


What is Shimmick Construction Company Property, Plant and Equipment?

Shimmick Construction Company SCCI Property, Plant and Equipment is $57.22 Mil as of Jun. 2015.

Shimmick Construction Company's quarterly net PPE increased from Jun. 2014 ($0.00 Mil) to Dec. 2014 ($54.36 Mil) and increased from Dec. 2014 ($54.36 Mil) to Jun. 2015 ($57.22 Mil).

Shimmick Construction Company's annual net PPE increased from . 20 ($0.00 Mil) to Dec. 2013 ($61.91 Mil) but then declined from Dec. 2013 ($61.91 Mil) to Dec. 2014 ($54.36 Mil).

Shimmick Construction Company  (NAS:SCCI) 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.

Shimmick Construction Company Property, Plant and Equipment Related Terms

Shimmick Construction Company Property, Plant and Equipment Historical Data

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The historical data trend for Shimmick Construction Company'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.

Shimmick Construction Company Property, Plant and Equipment Chart

Shimmick Construction Company Annual Data
Trend Dec13 Dec14
Property, Plant and Equipment
61.91 54.36

Shimmick Construction Company Semi-Annual Data
Dec13 Jun14 Dec14 Jun15
Property, Plant and Equipment 61.91 0.00 54.36 57.22

Shimmick Construction Company 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.

What does a Property, Plant and Equipment of $57.22 Mil mean?
Shimmick Construction Company (SCCI) has a Property, Plant and Equipment of $57.22 Mil as of Jun. 2015. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Shimmick Construction Company and its competitors.
Is Shimmick Construction Company's Property, Plant and Equipment too high?
Shimmick Construction Company's current Property, Plant and Equipment is $57.22 Mil.
How does Shimmick Construction Company's Property, Plant and Equipment compare to TSSI and SWMM?
Shimmick Construction Company's Property, Plant and Equipment of $57.22 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for a Construction company?
A good Property, Plant and Equipment depends on the Construction industry context. However, Property, Plant and Equipment should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Shimmick Construction Company and its competitors. Shimmick Construction Company's current Property, Plant and Equipment is $57.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimmick Construction Company stock overvalued right now?
Shimmick Construction Company (SCCI) has a current Property, Plant and Equipment of $57.22 Mil. The current Property, Plant and Equipment is $57.22 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Shimmick Construction Company (SCCI), the current Property, Plant and Equipment is $57.22 Mil as of Jun. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shimmick Construction Company Business Description

Shimmick Construction Company Inc is a heavy civil construction company founded in 1990. The Company is engaged in construction activities in the western United States, with operations in California. The Company offers general construction, construction management, and design-build services to federal, state, and local public agencies and private customers in California and the Western United States. The Company operates in two segments including construction Projects and Construction Materials. The Construction Projects segment performs construction projects including new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, utilities and other infrastructure projects. The Construction Materials segment mines and processes aggregates and operates plants that produce construction materials for internal use and for sale to third parties. The Company's customers include Caltrans, City of San Francisco, Port of Long Beach, Port of Los Angeles, City of Los Angeles, LA MTA, BART, VTA, and the Metropolitan Water District of Southern California (MWD). The Company faces competition from competitors including Balfour Beatty plc, Barnard Construction Company, Inc., Dragados S.A., Flatiron Construction Corp., Fluor Corporation, Granite Construction Incorporated, Kiewit Corporation, Obayashi Corporation, Skanska AB, Traylor Bros., Inc., Tutor Perini Corporation, and Walsh Construction Co. The Company's business is subject to various federal, state and local laws and regulations relating to the environment, including those relating to discharges to air, water and land, the handling and disposal of solid and hazardous waste, the handling of underground storage tanks and the cleanup of properties affected by hazardous substances.