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Sapura Energy Bhd (XKLS:5218) Property, Plant and Equipment : RM5,431 Mil (As of Oct. 2023)


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What is Sapura Energy Bhd Property, Plant and Equipment?

Sapura Energy Bhd's quarterly net PPE increased from Apr. 2023 (RM5,253 Mil) to Jul. 2023 (RM5,274 Mil) and increased from Jul. 2023 (RM5,274 Mil) to Oct. 2023 (RM5,431 Mil).

Sapura Energy Bhd's annual net PPE declined from Jan. 2021 (RM9,219 Mil) to Jan. 2022 (RM6,437 Mil) and declined from Jan. 2022 (RM6,437 Mil) to Jan. 2023 (RM5,080 Mil).


Sapura Energy Bhd Property, Plant and Equipment Historical Data

The historical data trend for Sapura Energy Bhd'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.

Sapura Energy Bhd Property, Plant and Equipment Chart

Sapura Energy Bhd Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,024.81 9,638.93 9,218.61 6,437.03 5,079.52

Sapura Energy Bhd Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 6,985.60 5,079.52 5,253.11 5,274.25 5,431.17

Sapura Energy Bhd 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.


Sapura Energy Bhd  (XKLS:5218) 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.


Sapura Energy Bhd Property, Plant and Equipment Related Terms

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Sapura Energy Bhd (XKLS:5218) Business Description

Industry
Traded in Other Exchanges
Address
No. 7, Jalan Tasik, Sapura@Mines, The Mines Resort City, Seri Kembangan, SGR, MYS, 43300
Sapura Energy Bhd is an upstream firm in the global oil and gas industry, providing services and solutions in the Americas, Middle East, Africa, Europe, and Asia-Pacific. The company's operating segments consist of engineering and construction, drilling, and exploration and production. The engineering and construction segment provides engineering, procurement, construction, installation, and commissioning solutions. The drilling business unit offers drilling services with Sapura's own fleet of tender rigs. The exploration and production segment provides exploration, development, and production solutions. The company generates the majority of its revenue from its engineering and construction business.

Sapura Energy Bhd (XKLS:5218) Headlines

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