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LogMeIn (LogMeIn) Gross Property, Plant and Equipment : $192 Mil (As of Jun. 2020)


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What is LogMeIn Gross Property, Plant and Equipment?

LogMeIn's quarterly gross PPE declined from Dec. 2019 ($306 Mil) to Mar. 2020 ($198 Mil) and declined from Mar. 2020 ($198 Mil) to Jun. 2020 ($192 Mil).

LogMeIn's annual gross PPE increased from Dec. 2017 ($151 Mil) to Dec. 2018 ($184 Mil) and increased from Dec. 2018 ($184 Mil) to Dec. 2019 ($306 Mil).


LogMeIn Gross Property, Plant and Equipment Historical Data

The historical data trend for LogMeIn'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.

LogMeIn Gross Property, Plant and Equipment Chart

LogMeIn Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.12 62.12 150.52 183.92 306.34

LogMeIn Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 207.02 198.35 306.34 197.52 192.45

LogMeIn 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.


LogMeIn  (NAS:LOGM) 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.


LogMeIn Gross Property, Plant and Equipment Related Terms

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LogMeIn (LogMeIn) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » LogMeIn Inc (NAS:LOGM) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
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Address
320 Summer Street, Boston, MA, USA, 02210
LogMeIn Inc provides cloud-based collaboration and connectivity products and services in three business categories: communications and collaboration; customer engagement and support; and identity and access. Its solutions include online meeting and screen sharing, secure remote access, outsourcing customer service, and password security capabilities. The company derives revenue from subscription fees to its cloud offerings and professional services fees. It generates most of its revenue in the United States but also has a presence in the United Kingdom and other countries.
Executives
Robert Calderoni director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Ita M Brennan director 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
David J Henshall director 18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Peter John Sacripanti director 4002 SOUTH OCEAN BLVD., HIGHLAND BEACH FL 33487
William Raymond Wagner director, officer: President & CEO C/O VOCUS, INC., 4296 FORBES BOULEVARD, LANHAM MD 20706
Edwin J Gillis director C/O VERITAS SOFTWARE CORP, 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Mark Finn Strassman officer: SVP & GM, UCC C/O LOGMEIN, INC. 333 SUMMER STREET BOSTON MA 02210
Padmanabhan T Srinivasan officer: Chief Product & Tech Officer C/O LOGMEIN, INC. 333 SUMMER STREET BOSTON MA 02210
John Buel Bennett officer: SVP & GM, IAM C/O LOGMEIN, INC. 333 SUMMER STREET BOSTON MA 02210
Michael J Donahue officer: SVP and General Counsel LOGMEIN, INC. 500 UNICORN PARK DRIVE WOBURN MA 01801
Steven J. Benson director 117 KENDRICK STREET, SUITE 200, NEEDHAM MA 02494
Michael J Christenson director C/O ENTRAVISION COMMUNICATIONS CORP, 2425 OLYMPIC BLVD, STE 6000W, SANTA MONICA CA 90404
Sara C Andrews director C/O LOGMEIN, INC., 320 SUMMER STREET, BOSTON MA 02210
Richard H Veldran officer: Chief Financial Officer 103 JFK PARKWAY SHORT HILLS NJ 07078
Edward K. Herdiech officer: Chief Financial Officer C/O LOGMEIN, INC. 320 SUMMER STREET BOSTON MA 02210

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