GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » MoneyGram International Inc (NAS:MGI) » Definitions » Gross Property, Plant and Equipment

MoneyGram International (MoneyGram International) Gross Property, Plant and Equipment : $185 Mil (As of Mar. 2023)


View and export this data going back to 2004. Start your Free Trial

What is MoneyGram International Gross Property, Plant and Equipment?

MoneyGram International's quarterly gross PPE increased from Sep. 2022 ($178 Mil) to Dec. 2022 ($641 Mil) but then declined from Dec. 2022 ($641 Mil) to Mar. 2023 ($185 Mil).

MoneyGram International's annual gross PPE stayed the same from Dec. 2020 ($728 Mil) to Dec. 2021 ($725 Mil) but then declined from Dec. 2021 ($725 Mil) to Dec. 2022 ($641 Mil).


MoneyGram International Gross Property, Plant and Equipment Historical Data

The historical data trend for MoneyGram 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.

MoneyGram International Gross Property, Plant and Equipment Chart

MoneyGram International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 637.00 721.00 728.30 724.90 640.90

MoneyGram International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 181.10 178.10 177.80 640.90 185.00

MoneyGram 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.


MoneyGram International  (NAS:MGI) 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.


MoneyGram International Gross Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of MoneyGram International's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


MoneyGram International (MoneyGram International) Business Description

Traded in Other Exchanges
N/A
Address
2828 North Harwood Street, 15th Floor, Dallas, TX, USA, 75201
MoneyGram International Inc offers products and services under its two reporting segments; Global Funds Transfer, which is the core revenue generator, and Financial Paper Products. The Global Funds Transfer segment provides global money transfer services and bill payment services to consumers. It primarily offers services through third-party agents, including retail chains, independent retailers, post offices and other financial institutions. The company also offer Digital solutions such as moneygram.com, mobile solutions, account deposit and kiosk-based services. The Financial Paper Products segment provides official check outsourcing services and money orders through financial institutions and agent locations. The group operates in the United States and other countries.
Executives
Robert L Villasenor officer: GC, Corp Sec and CAO 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Chris H. Russell officer: Chief Accounting Officer 15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSOTN TX 77032
Julie Silcock director
Adrianna E. Greenwald officer: Chief Readiness Officer 2828 N. HARWOOD ST., 15TH FLOOR, DALLAS TX 75201
Alka Gupta director 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Francisco Lorca director 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Brian Johnson officer: Chief Financial Officer 2828 NORTH HARWOOD ST, 15TH FLOOR, DALLAS TX 75201
Andres Villareal officer: SVP Chief Compliance Officer 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Lawrence Angelilli officer: EVP Chief Financial Officer 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Peggy Vaughan director 2828 NORTH HARVARD STREET, 15TH FLOOR, DALLAS TX 75201
Grant A. Lines officer: EVP Business Development 2828 NORTH HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
W Bruce Turner director 3773 HOWARD HUGHES PKWY, SUITE 490 SOUTH, LAS VAGAS NV 89109
Michael P Rafferty director 12700 PARK CENTRAL DRIVE SUITE 1700, DALLAS TX 75251
W. Alexander Holmes director, officer: CEO 2828 NORTH HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Antonio O Garza director 500 W. ILLINOIS, SUITE 100, MIDLAND TX 79701