What does reportable legal entities — PP&E (net) mean?

The current value of physical assets after accounting for wear and tear.

How do you interpret reportable legal entities — PP&E (net)?

A stable or increasing net PP&E relative to production suggests healthy asset replacement, while a rapid decline may indicate under-investment or high depreciation rates.

How does reportable legal entities — PP&E (net) compare across companies?

Standard balance sheet metric; used to calculate asset turnover and return on assets (ROA).

Antero Resources AR Reportable Legal Entities — PP&E (Net)

Discontinued — last reported Q2 '18

Similar metrics at other companies

ARMKReportable Legal Entities — PP&E (Net)

$1.74B+72.7%

CLHReportable Legal Entities — PP&E (Net)

$1.25B+2.9%

CDWReportable Legal Entities — PP&E (Net)

$87.7M-15.2%

APTVReportable Legal Entities — PP&E (Net)

$2.97B-19.0%

BALLReportable Legal Entities — PP&E (Net)

$1.68B—

TPX

TPXReportable Legal Entities — PP&E (Net)

——

Other financials

Income statement

See full

Revenue$1.9B+43.8%

Operating income$729.5M+169%

Net income$548.2M+150%

EPS (diluted)$1.72+161%

Balance sheet

See full

Cash & equivalents$4.5M—

Total debt$4.8B+24.8%

Total equity$8.1B+11.7%

Total assets$15.3B+17.6%

Cash flow

See full

Operating cash flow$859.1M+87.7%

CapEx$4.6M+666%

Free cash flow$854.4M+86.9%

Valuation

See full

Market cap$10.29B+4.1%

P/E10.3×-25.3×

P/S1.8×-0.4×

Profitability

See full

Operating margin22.9%+17.9pp

Net margin17.1%+11.0pp

FCF margin34.5%+11.6pp

Returns & leverage

See full

Return on equity13.1%+9.2pp

Debt / equity0.6×+0.1×

Current ratio0.4×0.0×

Where this comes from

Reported directly by Antero Resources in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: Antero Resources’s 10-Q, filed August 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does reportable legal entities — PP&E (net) mean?: The current value of physical assets after accounting for wear and tear.
How do you interpret reportable legal entities — PP&E (net)?: A stable or increasing net PP&E relative to production suggests healthy asset replacement, while a rapid decline may indicate under-investment or high depreciation rates.
How does reportable legal entities — PP&E (net) compare across companies?: Standard balance sheet metric; used to calculate asset turnover and return on assets (ROA).