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Hill International (Hill International) Gross Property, Plant and Equipment : $24.9 Mil (As of Sep. 2022)


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What is Hill International Gross Property, Plant and Equipment?

Hill International's quarterly gross PPE declined from Mar. 2022 ($27.8 Mil) to Jun. 2022 ($26.4 Mil) and declined from Jun. 2022 ($26.4 Mil) to Sep. 2022 ($24.9 Mil).

Hill International's annual gross PPE stayed the same from Dec. 2019 ($69.7 Mil) to Dec. 2020 ($61.4 Mil) but then increased from Dec. 2020 ($61.4 Mil) to Dec. 2021 ($66.8 Mil).


Hill International Gross Property, Plant and Equipment Historical Data

The historical data trend for Hill International'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.

Hill International Gross Property, Plant and Equipment Chart

Hill International 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 47.46 48.86 69.66 61.40 66.78

Hill International 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 27.42 66.78 27.82 26.36 24.85

Hill International 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.


Hill International  (NYSE:HIL) 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.


Hill International Gross Property, Plant and Equipment Related Terms

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Hill International (Hill International) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2005 Market Street, One Commerce Square, 17th Floor, Philadelphia, PA, USA, 19103
Hill International Inc provides project and construction management, and other consulting services for the buildings, transportation, environmental, energy, and industrial markets. The company offers program management, project management, construction management, project management oversight, troubled project turnaround, staff augmentation, project labor agreement consulting, commissioning, estimating and cost management, and labor compliance and facilities management services.
Executives
Grant G. Mccullagh director C/O HILL INTERNATIONAL, INC., 2005 MARKET STREET, 17TH FLOOR, PHILADELPHIA PA 19103
James B. Renacci director C/O HILL INTERNATIONAL, INC., 2005 MARKET ST, 17TH FLOOR, PHILADELPHIA PA 19103
Paul J. Evans director 1701 GOLF RD, SUITE 3-1012, ROLLING MEADOWS IL 60008
Susan M. Steele director C/O HILL INTERNATIONAL, INC., 2005 MARKET ST., 17TH FLOOR, PHILADELPHIA PA 19103
Todd E Weintraub officer: Chief Financial Officer C/O MACQUARIE INFRASTRUCTURE COMPANY, 125 WEST 55TH STREET, 22ND FLOOR, NEW YORK NY 10019
James M Chadwick director C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., #301, BOCA RATON FL 33487
David Sgro 10 percent owner, other: See Explanation of Responses 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Abdo Kardous officer: Reg President (Middle East) C/O HILL INTERNATIONAL, INC., 2005 MARKET ST, 17TH FLOOR, PHILADELPHIA PA 19103
Charles Levergood officer: SVP - Bus Dev (Americas) C/O HILL INTERNATIONAL, INC., 2005 MARKET STREET, 17TH FLOOR, PHILADELPHIA PA 19103
Michael V. Griffin officer: Reg President (Americas) C/O HILL INTERNATIONAL, INC., 2005 MARKET ST, 17TH FL, PHILADELPHIA PA 19103
Raouf S Ghali director, officer: Chief Executive Officer C/O HILL INTERNATIONAL, INC., 303 LIPPINCOTT CENTRE, MARLTON NJ 08053
William H Dengler officer: EVP and Chief Admin Officer C/O HILL INTERNATIONAL, INC., 303 LIPPINCOTT CENTRE, MARLTON NJ 08053
Arnaud Ajdler director, officer: CFO and Secretary ARPEGGIO ACQUISITION CORPORATION, 10 EAST 53RD STREET, 36TH FLOOR, NEW YORK NY 10022
Gregory T Wolf officer: Interim VP and Interim CFO 1701 GOLF RD, SUITE 3-1012, ROLLING MEADOWS IL 60008
Charles M Gillman director 1223 WILSHIRE BOULEVARD, OFFICE 648, SANTA MONICA CA 90402

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