GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Trakya Cam Sanayii AS (GREY:TRKCY) » Definitions » Property, Plant and Equipment

Trakya Camnayii AS (Trakya Camnayii AS) Property, Plant and Equipment : $2,128.06 Mil (As of Dec. 2020)


View and export this data going back to 2013. Start your Free Trial

What is Trakya Camnayii AS Property, Plant and Equipment?

Trakya Camnayii AS's quarterly net PPE increased from Jun. 2020 ($928.24 Mil) to Sep. 2020 ($2,169.36 Mil) but then declined from Sep. 2020 ($2,169.36 Mil) to Dec. 2020 ($2,128.06 Mil).

Trakya Camnayii AS's annual net PPE increased from Dec. 2018 ($920.86 Mil) to Dec. 2019 ($1,019.87 Mil) and increased from Dec. 2019 ($1,019.87 Mil) to Dec. 2020 ($2,128.06 Mil).


Trakya Camnayii AS Property, Plant and Equipment Historical Data

The historical data trend for Trakya Camnayii AS'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.

Trakya Camnayii AS Property, Plant and Equipment Chart

Trakya Camnayii AS Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 938.70 930.84 920.86 1,019.87 2,128.06

Trakya Camnayii AS Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 1,019.87 952.89 928.24 2,169.36 2,128.06

Trakya Camnayii AS 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.


Trakya Camnayii AS  (GREY:TRKCY) 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.


Trakya Camnayii AS Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Trakya Camnayii AS's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Trakya Camnayii AS (Trakya Camnayii AS) Business Description

Traded in Other Exchanges
N/A
Address
Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44A, Tuzla, Istanbul, TUR, 34947
Trakya Cam Sanayii AS is a building materials company engaged in glass manufacturing. The company creates glass products that include solar glass, automobile glass, home appliance glass, and architectural glass. Trakya's solar glass is utilized for photovoltaics and thermal collectors, while its home appliance glass segment is used in ovens and refrigerators. The company's architectural glass segment is used in retail stores, high-rise buildings, and airports. These core offering are supplemented by other products, such as energy efficient glass, which utilizes heat controlled insulation. The company generates the majority of its revenue in Turkey.

Trakya Camnayii AS (Trakya Camnayii AS) Headlines

No Headlines