GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Steady Safe Tbk (ISX:SAFE) » Definitions » Gross Property, Plant and Equipment

PT Steadyfe Tbk (ISX:SAFE) Gross Property, Plant and Equipment : Rp474,444 Mil (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is PT Steadyfe Tbk Gross Property, Plant and Equipment?

PT Steadyfe Tbk's quarterly gross PPE stayed the same from Sep. 2023 (Rp474,444 Mil) to Dec. 2023 (Rp474,444 Mil) and stayed the same from Dec. 2023 (Rp474,444 Mil) to Mar. 2024 (Rp474,444 Mil).

PT Steadyfe Tbk's annual gross PPE stayed the same from Dec. 2021 (Rp474,400 Mil) to Dec. 2022 (Rp474,400 Mil) but then increased from Dec. 2022 (Rp474,400 Mil) to Dec. 2023 (Rp474,444 Mil).


PT Steadyfe Tbk Gross Property, Plant and Equipment Historical Data

The historical data trend for PT Steadyfe Tbk'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.

PT Steadyfe Tbk Gross Property, Plant and Equipment Chart

PT Steadyfe Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 474,394.20 474,400.50 474,400.50 474,400.50 474,443.65

PT Steadyfe Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 474,400.50 474,400.50 474,443.65 474,443.65 474,443.65

PT Steadyfe Tbk 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.


PT Steadyfe Tbk  (ISX:SAFE) 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.


PT Steadyfe Tbk Gross Property, Plant and Equipment Related Terms

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


PT Steadyfe Tbk (ISX:SAFE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Prof. DR. Satrio No.7, 15th Floor Satrio Tower RT.7/RW.2, Kuningan, Kecamatan Setiabudi Kota Jakarta Selatan, Daerah Khusus Ibukota, Jakarta, IDN, 12950
PT Steady Safe Tbk is a public transportation company. Its business activities are in the field of transportation services, especially to be busway operator in Jakarta. The company and subsidiaries classify their business activities in two main business segments namely Land Transportation and Financial Services segment. The firm's revenue is dominated by the Land Transportation segment.

PT Steadyfe Tbk (ISX:SAFE) Headlines

From GuruFocus

Safehold and iStar Announce Business Combination

By PRNewswire PRNewswire 08-11-2022

Safehold Announces Tax Treatment of 2022 Dividends

By PRNewswire PRNewswire 01-17-2023

iStar Reports Third Quarter 2022 Results

By PRNewswire PRNewswire 11-03-2022

Safehold Reports Fourth Quarter and Fiscal Year 2022 Results

By PRNewswire PRNewswire 02-14-2023

Safehold Declares Fourth Quarter 2022 Common Stock Dividend

By PRNewswire PRNewswire 12-15-2022

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SAFE, SESN, IAA

By Stock market mentor Stock market mentor 01-08-2023

iStar Reports Second Quarter 2022 Results

By PRNewswire PRNewswire 08-04-2022