Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Lam Research Corp. (NASDAQ:LRCX)

Paying users zone. Data is hidden behind: .

  • Get 1-month access to Lam Research Corp. for $13.99, or

  • get full access to the entire website for at least 3 months from $49.99.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Apple Pay Google Pay
Verified by Visa MasterCard SecureCode American Express SafeKey

This is a one-time payment. There is no automatic renewal.

Analysis of Property, Plant and Equipment

Advanced level

Property, Plant and Equipment Disclosure

Lam Research Corp., balance sheet: property, plant and equipment

US$ in thousands

Microsoft Excel LibreOffice Calc
Jun 28, 2020 Jun 30, 2019 Jun 24, 2018 Jun 25, 2017 Jun 26, 2016 Jun 28, 2015
Manufacturing and engineering equipment
Buildings and improvements
Computer and computer-related equipment
Office equipment, furniture and fixtures
Land
Property and equipment, gross, excluding finance right-of-use assets
Accumulated depreciation and amortization, excluding finance right-of-use assets
Property and equipment, net, excluding finance right-of-use assets

Based on: 10-K (filing date: 2020-08-18), 10-K (filing date: 2019-08-20), 10-K (filing date: 2018-08-14), 10-K (filing date: 2017-08-15), 10-K (filing date: 2016-08-17), 10-K (filing date: 2015-08-13).

Item Description The company
Property and equipment, gross, excluding finance right-of-use assets Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Lam Research Corp.’s property and equipment, gross, excluding finance right-of-use assets increased from 2018 to 2019 and from 2019 to 2020.
Property and equipment, net, excluding finance right-of-use assets Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Lam Research Corp.’s property and equipment, net, excluding finance right-of-use assets increased from 2018 to 2019 but then slightly decreased from 2019 to 2020.

Asset Age Ratios (Summary)

Lam Research Corp., asset age ratios

Microsoft Excel LibreOffice Calc
Jun 28, 2020 Jun 30, 2019 Jun 24, 2018 Jun 25, 2017 Jun 26, 2016 Jun 28, 2015
Average age ratio
Estimated total useful life (years)
Estimated age, time elapsed since purchase (years)
Estimated remaining life (years)

Based on: 10-K (filing date: 2020-08-18), 10-K (filing date: 2019-08-20), 10-K (filing date: 2018-08-14), 10-K (filing date: 2017-08-15), 10-K (filing date: 2016-08-17), 10-K (filing date: 2015-08-13).

Asset age ratio Description The company
Average age ratio As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company’s fixed asset base is old or new. Newer assets are likely to be more efficient. Lam Research Corp.’s average age ratio of depreciable property, plant and equipment improved from 2018 to 2019 but then deteriorated significantly from 2019 to 2020.
Estimated total useful life Over longer time periods, this ratio is a useful measure of company’s depreciation policy and can be used for comparisons with competitors. Lam Research Corp.’s estimated total useful life of depreciable property, plant and equipment increased from 2018 to 2019 but then slightly decreased from 2019 to 2020 not reaching 2018 level.
Estimated time elapsed since purchase The approximate age in years of a company’s fixed assets. Useful for comparison purposes. Lam Research Corp.’s estimated time elapsed since purchase of depreciable property, plant and equipment deteriorated from 2018 to 2019 and from 2019 to 2020.
Estimated remaining life Lam Research Corp.’s estimated remaining life of depreciable property, plant and equipment increased from 2018 to 2019 but then decreased significantly from 2019 to 2020.

Average Age

Microsoft Excel LibreOffice Calc
Jun 28, 2020 Jun 30, 2019 Jun 24, 2018 Jun 25, 2017 Jun 26, 2016 Jun 28, 2015
Selected Financial Data (US$ in thousands)
Accumulated depreciation and amortization, excluding finance right-of-use assets
Property and equipment, gross, excluding finance right-of-use assets
Land
Asset Age Ratio
Average age1

Based on: 10-K (filing date: 2020-08-18), 10-K (filing date: 2019-08-20), 10-K (filing date: 2018-08-14), 10-K (filing date: 2017-08-15), 10-K (filing date: 2016-08-17), 10-K (filing date: 2015-08-13).

2020 Calculations

1 Average age = 100 × Accumulated depreciation and amortization, excluding finance right-of-use assets ÷ (Property and equipment, gross, excluding finance right-of-use assets – Land)
= 100 × ÷ () =

Asset age ratio Description The company
Average age As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company’s fixed asset base is old or new. Newer assets are likely to be more efficient. Lam Research Corp.’s average age ratio of depreciable property, plant and equipment improved from 2018 to 2019 but then deteriorated significantly from 2019 to 2020.

Estimated Total Useful Life

Microsoft Excel LibreOffice Calc
Jun 28, 2020 Jun 30, 2019 Jun 24, 2018 Jun 25, 2017 Jun 26, 2016 Jun 28, 2015
Selected Financial Data (US$ in thousands)
Property and equipment, gross, excluding finance right-of-use assets
Land
Depreciation expense, excluding amortization of finance lease right of use assets
Asset Age Ratio (Years)
Estimated total useful life1

Based on: 10-K (filing date: 2020-08-18), 10-K (filing date: 2019-08-20), 10-K (filing date: 2018-08-14), 10-K (filing date: 2017-08-15), 10-K (filing date: 2016-08-17), 10-K (filing date: 2015-08-13).

2020 Calculations

1 Estimated total useful life = (Property and equipment, gross, excluding finance right-of-use assets – Land) ÷ Depreciation expense, excluding amortization of finance lease right of use assets
= () ÷ =

Asset age ratio Description The company
Estimated total useful life Over longer time periods, this ratio is a useful measure of company’s depreciation policy and can be used for comparisons with competitors. Lam Research Corp.’s estimated total useful life of depreciable property, plant and equipment increased from 2018 to 2019 but then slightly decreased from 2019 to 2020 not reaching 2018 level.

Estimated Age, Time Elapsed since Purchase

Microsoft Excel LibreOffice Calc
Jun 28, 2020 Jun 30, 2019 Jun 24, 2018 Jun 25, 2017 Jun 26, 2016 Jun 28, 2015
Selected Financial Data (US$ in thousands)
Accumulated depreciation and amortization, excluding finance right-of-use assets
Depreciation expense, excluding amortization of finance lease right of use assets
Asset Age Ratio (Years)
Time elapsed since purchase1

Based on: 10-K (filing date: 2020-08-18), 10-K (filing date: 2019-08-20), 10-K (filing date: 2018-08-14), 10-K (filing date: 2017-08-15), 10-K (filing date: 2016-08-17), 10-K (filing date: 2015-08-13).

2020 Calculations

1 Time elapsed since purchase = Accumulated depreciation and amortization, excluding finance right-of-use assets ÷ Depreciation expense, excluding amortization of finance lease right of use assets
= ÷ =

Asset age ratio Description The company
Estimated time elapsed since purchase The approximate age in years of a company’s fixed assets. Useful for comparison purposes. Lam Research Corp.’s estimated time elapsed since purchase of depreciable property, plant and equipment deteriorated from 2018 to 2019 and from 2019 to 2020.

Estimated Remaining Life

Microsoft Excel LibreOffice Calc
Jun 28, 2020 Jun 30, 2019 Jun 24, 2018 Jun 25, 2017 Jun 26, 2016 Jun 28, 2015
Selected Financial Data (US$ in thousands)
Property and equipment, net, excluding finance right-of-use assets
Land
Depreciation expense, excluding amortization of finance lease right of use assets
Asset Age Ratio (Years)
Estimated remaining life1

Based on: 10-K (filing date: 2020-08-18), 10-K (filing date: 2019-08-20), 10-K (filing date: 2018-08-14), 10-K (filing date: 2017-08-15), 10-K (filing date: 2016-08-17), 10-K (filing date: 2015-08-13).

2020 Calculations

1 Estimated remaining life = (Property and equipment, net, excluding finance right-of-use assets – Land) ÷ Depreciation expense, excluding amortization of finance lease right of use assets
= () ÷ =

Asset age ratio Description The company
Estimated remaining life Lam Research Corp.’s estimated remaining life of depreciable property, plant and equipment increased from 2018 to 2019 but then decreased significantly from 2019 to 2020.