Property, Plant, and Equipment (PP&E)

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Property, Plant, and Equipment (PP&E), often abbreviated as PP and E, refers to tangible long-term assets used in the production of goods and services. These assets, which include land, buildings, machinery, and equipment, are capitalized on the balance sheet and depreciated over their useful lives. PP&E is crucial for operational capacity and is a key component in assessing a company’s financial health and investment potential.

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