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Alpha Metallurgical Resources (Alpha Metallurgical Resources) Gross Property, Plant and Equipment : $1,753 Mil (As of Mar. 2024)


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What is Alpha Metallurgical Resources Gross Property, Plant and Equipment?

Alpha Metallurgical Resources's quarterly gross PPE increased from Sep. 2023 ($1,629 Mil) to Dec. 2023 ($1,699 Mil) and increased from Dec. 2023 ($1,699 Mil) to Mar. 2024 ($1,753 Mil).

Alpha Metallurgical Resources's annual gross PPE increased from Dec. 2021 ($1,303 Mil) to Dec. 2022 ($1,462 Mil) and increased from Dec. 2022 ($1,462 Mil) to Dec. 2023 ($1,699 Mil).


Alpha Metallurgical Resources Gross Property, Plant and Equipment Historical Data

The historical data trend for Alpha Metallurgical 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.

Alpha Metallurgical Resources Gross Property, Plant and Equipment Chart

Alpha Metallurgical Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 1,250.63 1,244.44 1,302.82 1,462.23 1,698.88

Alpha Metallurgical Resources 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 1,531.63 1,582.23 1,629.26 1,698.88 1,752.69

Alpha Metallurgical 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.


Alpha Metallurgical Resources  (NYSE:AMR) 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.


Alpha Metallurgical Resources Gross Property, Plant and Equipment Related Terms

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Alpha Metallurgical Resources (Alpha Metallurgical Resources) Business Description

Traded in Other Exchanges
N/A
Address
340 Martin Luther King Jr. Boulevard, Bristol, TN, USA, 37620
Alpha Metallurgical Resources Inc is a Tennessee-based coal mining company with operations across Virginia and West Virginia. The company's portfolio of mining operations consists of underground mines, surface mines and coal preparation plants. It produces low-ash metallurgical coal, including High-Vol. A, Mid-Vol., High-Vol. B, and Low-Vol. coal, which is shipped to domestic and international coke and steel producers. The reportable segments of the company are Met. It extracts, processes and markets met and thermal coal from deep and surface mines for sale to steel and coke producers, industrial customers, and electric utilities.
Executives
David J. Stetson director C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Daniel E. Horn officer: Executive Vice President-Sales C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Jason E. Whitehead officer: Chief Operating Officer C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Roger Lee Nicholson officer: EVP, Gen. Counsel & Secretary C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Baker De Neufville Joanna director 340 MARTIN LUTHER KING JR BLVD, BRISTOL TN 37620
Michael Gorzynski director, other: See Remarks 595 MADISON AVE, FLOOR 29, NEW YORK NY 10022
Continental General Holdings Llc other: See Remarks 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Mg Capital Management Ltd. other: See Remarks C/O CAMPBELLS LLP, FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Percy Rockdale Llc other: See Remarks 595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Continental Insurance Group, Ltd. other: See Remarks 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Continental General Insurance Co other: See Remarks 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Joshua Todd Munsey officer: Chief Financial Officer 340 MARTIN LUTHER KING BOULEVARD, BRISTOL TN 37620
Elizabeth Anne Fessenden director 1137 WEST AVENUE, RICHMOND VA 23220
Scott D. Vogel director 885 PARK AVENUE, NEW YORK NY 10075
Charles Andrew Eidson officer: Chief Financial Officer ONE ALPHA PLACE, P.O. BOX 16429, BRISTOL VA 24209

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