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Karelian Diamond Resources (LSE:KDR) Gross Property, Plant and Equipment : £9.95 Mil (As of Nov. 2023)


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What is Karelian Diamond Resources Gross Property, Plant and Equipment?

Karelian Diamond Resources's quarterly gross PPE increased from Nov. 2022 (£9.56 Mil) to May. 2023 (£9.81 Mil) and increased from May. 2023 (£9.81 Mil) to Nov. 2023 (£9.95 Mil).

Karelian Diamond Resources's annual gross PPE stayed the same from May. 2021 (£9.29 Mil) to May. 2022 (£9.27 Mil) but then increased from May. 2022 (£9.27 Mil) to May. 2023 (£9.81 Mil).


Karelian Diamond Resources Gross Property, Plant and Equipment Historical Data

The historical data trend for Karelian Diamond Resources's Gross 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.

Karelian Diamond Resources Gross Property, Plant and Equipment Chart

Karelian Diamond Resources Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.84 9.33 9.29 9.27 9.81

Karelian Diamond Resources Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Gross 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 9.25 9.27 9.56 9.81 9.95

Karelian Diamond Resources Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed 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.


Karelian Diamond Resources  (LSE:KDR) Gross 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.


Karelian Diamond Resources Gross Property, Plant and Equipment Related Terms

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Karelian Diamond Resources (LSE:KDR) Business Description

Traded in Other Exchanges
N/A
Address
3300 Lake Drive, Citywest Business Campus, Dublin, IRL, D24 TD21
Karelian Diamond Resources PLC is an Ireland-based company which focuses on the discovery of diamond deposits in Finland. It is engaged in exploring for diamonds and evaluating an existing diamond prospect (diamondiferous kimberlite pipe) in the Karelian Craton of Finland. The company's diamond exploration projects include The Lahtojoki diamond project, The Seitapera diamondiferous kimberlite pipe, and The Riihivaara diamond exploration project which is in Kuopio, Kuhmo, and Riihivaara respectively.

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