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AlerisLife (AlerisLife) Gross Property, Plant and Equipment : $301.9 Mil (As of Sep. 2022)


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What is AlerisLife Gross Property, Plant and Equipment?

AlerisLife's quarterly gross PPE increased from Mar. 2022 ($294.5 Mil) to Jun. 2022 ($297.5 Mil) and increased from Jun. 2022 ($297.5 Mil) to Sep. 2022 ($301.9 Mil).

AlerisLife's annual gross PPE increased from Dec. 2019 ($293.6 Mil) to Dec. 2020 ($298.1 Mil) but then declined from Dec. 2020 ($298.1 Mil) to Dec. 2021 ($294.8 Mil).


AlerisLife Gross Property, Plant and Equipment Historical Data

The historical data trend for AlerisLife's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AlerisLife Gross Property, Plant and Equipment Chart

AlerisLife Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 436.46 464.00 293.63 298.07 294.76

AlerisLife Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 289.75 294.76 294.47 297.49 301.90

AlerisLife Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


AlerisLife  (NAS:ALR) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


AlerisLife Gross Property, Plant and Equipment Related Terms

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AlerisLife (AlerisLife) Business Description

Traded in Other Exchanges
N/A
Address
400 Centre Street, Newton, MA, USA, 02458-2076
AlerisLife Inc is a provider of an evolving portfolio of residential and lifestyle services to older adults, that are financially flexible and choice-based. The company operates through two reportable segments; Residential and Lifestyle services. In the Residential segment, the company manages independent living communities and assisted living communities, and through its Lifestyle services segment, it provides a comprehensive suite of rehabilitation and wellness services, including physical, occupational, speech and other specialized therapy services. With roots in senior living, it is seeking to pioneer nontraditional ways to meet the needs of coming generations of aging adults.
Executives
Adam D. Portnoy 10 percent owner C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Philip Benjamson officer: Senior Vice President & COO C/O ALERISLIFE INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Heather Pereira officer: Senior Vice President & CFO C/O ALERISLIFE INC., 400 CENTRE STREET, NEWTON MA 02458
Lauren C. Cody officer: EVP & CCO C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
Stephen R. Geiger officer: VP & CAO C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
Dhc Holdings Llc 10 percent owner C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jennifer B Clark director
Michael E. Wagner director C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
Senior Housing Properties Trust 10 percent owner C/O THE RMR GROUP, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Ellen Snow officer: Chief Accounting Officer C/O PEAR THERAPEUTICS, INC., 200 STATE STREET, 13TH FLOOR, BOSTON MA 02109
Margaret S. Wigglesworth officer: SVP & COO C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
Jeffrey C. Leer officer: CFO and Treasurer C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
Abp Trust 10 percent owner TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Abp Acquisition Llc 10 percent owner TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Doyle Richard A Jr officer: Treasurer and C.F.O. C/O FIVE STAR QUALITY CARE, INC., 400 CENTRE STREET, NEWTON MA 02458