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CapStar Financial Holdings (CapStar Financial Holdings) Gross Property, Plant and Equipment : $32.1 Mil (As of Dec. 2023)


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What is CapStar Financial Holdings Gross Property, Plant and Equipment?

CapStar Financial Holdings's quarterly gross PPE declined from Jun. 2023 ($23.2 Mil) to Sep. 2023 ($23.2 Mil) but then increased from Sep. 2023 ($23.2 Mil) to Dec. 2023 ($32.1 Mil).

CapStar Financial Holdings's annual gross PPE increased from Dec. 2021 ($32.1 Mil) to Dec. 2022 ($32.6 Mil) but then declined from Dec. 2022 ($32.6 Mil) to Dec. 2023 ($32.1 Mil).


CapStar Financial Holdings Gross Property, Plant and Equipment Historical Data

The historical data trend for CapStar Financial Holdings'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.

CapStar Financial Holdings Gross Property, Plant and Equipment Chart

CapStar Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.21 36.19 32.10 32.64 32.15

CapStar Financial Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 32.64 24.38 23.20 23.15 32.15

CapStar Financial Holdings 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.


CapStar Financial Holdings  (NAS:CSTR) 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.


CapStar Financial Holdings Gross Property, Plant and Equipment Related Terms

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CapStar Financial Holdings (CapStar Financial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1201 Demonbreun Street, Suite 700, Nashville, TN, USA, 37203
CapStar Financial Holdings Inc is a bank holding company for CapStar Bank. The products and services offered by the bank include commercial and industrial loans to small and medium-sized businesses, commercial real estate loans, private banking and wealth management services, correspondent banking services, and various other retail and consumer products. The company's primary sources of revenue are derived from interest and dividends earned on loans, investment securities, and other financial instruments.
Executives
Alison Lee Jefferson officer: Interim Prin. Acctg. Officer 406 11TH AVENUE NORTH, SUITE 200, NASHVILLE TN 37203
Michael J Fowler officer: See Remarks 100 NORTH MAIN STREET, GREENEVILLE TN 37743-4992
William Tilden Delay director 115 LYNNWOOD TERRACE, NASHVILLE TN 37205
Harrison Frist director C/O KHOSLA VENTURES ACQUISITION CO. III, 2128 SAND HILL RD, MENLO PARK CA 94025
Thomas R. Flynn director 606 DEEPWOOD DRIVE, HOPKINSVILLE KY 42240
Kenneth E Webb officer: EVP of Bank Operations 6226 BROWNLEE DRIVE, NASHVILLE TN 37205
Jeffrey L Moody officer: Principal Accounting Officer CAPSTAR FIN. HOLDINGS INC-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Amy C Goodin officer: Chief Risk Officer CAPSTAR FIN. HOLDINGS INC-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Turner James S. Jr. director 138 2ND AVENUE NORTH, NASHVILLE TN 37201
Denis J. Duncan officer: See Remarks 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Sam B. Devane director CAPSTAR FIN. HOLDINGS INC.-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Kevin Lambert officer: Chief Credit Officer CAPSTAR FIN. HOLDINGS INC-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Valora S. Gurganious director CAPSTAR FIN. HOLDINGS INC.-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Christopher G Tietz officer: See Remarks 185 EAST MARKET STREET, ATTN: LEGAL DEPARTMENT, WARREN OH 44481
Capstar Financial Holdings, Inc. officer: Chief Financial Officer 1201 DEMONBREUN STREET, SUITE 700, SUITE 700, NASHVILLE TN 37203