What does Property/Plant/Equipment Total Net mean?
Property/Plant/Equipment, Total ? Net normally represents Property/Plant/Equipment, Total ? Gross reduced by Accumulated Depreciation, Total. However, when a company reports its fixed assets net of accumulated depreciation, fixed assets are compiled using this directly.
This figure may include land, buildings, machinery, furniture, tools, natural resources, leases, and construction in progress. Additionally, other categories of asset items may be classified as ?Property and Equipment?, depending upon the company?s business.