Property, Plant & Equip, Net

Metadata

  • Id: bs_net_fix_asset
  • Type: fundamentals
  • Subtype: balance_sheet
  • Units: currency
  • Decimal Points: 0
  • Currency Convertible: Yes
  • Tags: “property, plant & equip, net”, “net fixed assets”, “net PPE”, “net long-term assets”, “net capital assets”

Description

The net value of a business’s long-term assets that are used in the production of its goods and services, such as land, buildings, machinery, vehicles and furniture. This value is obtained by subtracting the accumulated depreciation and impairment losses from the gross value of these assets. The net value reflects the current worth of these assets to the business and is used to calculate various financial ratios and indicators.