GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Stratus Properties Inc (NAS:STRS) » Definitions » Property, Plant and Equipment

Stratus Properties (Stratus Properties) Property, Plant and Equipment : $11.17 Mil (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Stratus Properties Property, Plant and Equipment?

Stratus Properties's quarterly net PPE declined from Jun. 2023 ($11.71 Mil) to Sep. 2023 ($11.45 Mil) and declined from Sep. 2023 ($11.45 Mil) to Dec. 2023 ($11.17 Mil).

Stratus Properties's annual net PPE increased from Dec. 2021 ($10.49 Mil) to Dec. 2022 ($10.63 Mil) and increased from Dec. 2022 ($10.63 Mil) to Dec. 2023 ($11.17 Mil).


Stratus Properties Property, Plant and Equipment Historical Data

The historical data trend for Stratus Properties's 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.

Stratus Properties Property, Plant and Equipment Chart

Stratus Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.38 10.80 10.49 10.63 11.17

Stratus Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.63 11.98 11.71 11.45 11.17

Stratus Properties Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


Stratus Properties  (NAS:STRS) 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.


Stratus Properties Property, Plant and Equipment Related Terms

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


Stratus Properties (Stratus Properties) Business Description

Traded in Other Exchanges
Address
212 Lavaca Street, Suite 300, Austin, TX, USA, 78701
Stratus Properties Inc is a diversified real estate company operating in the United States. It is engaged in the acquisition, entitlement, development, management, operation and sale of commercial, multi- and single-family residential real estate properties, located in the Austin Texas area and other select markets in Texas. It operates its business through two segments namely, Real Estate Operations and Leasing Operations.
Executives
Rhone Neville L. Jr. director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Kate Henriksen director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Laurie L. Dotter director 3615 WEST LAWTHER DRIVE, DALLAS TX 75214
Michael D Madden director 98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
James Joseph director
Charles W. Porter director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
James Leslie director 5924 ROYAL LANE, SUITE 250, DALLAS TX 75230
Erin D Pickens officer: Senior VP & CFO 1775 BROADWAY 23RD FLR, NEW YORK NY 10019
Armstrong William H Iii director, officer: Chair of Board, President, CEO 98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
Oasis Investments Ii Master Fund Ltd. 10 percent owner UGLAND HOUSE PO BOX 309, GRAND CAYMAN E9 KY1-1104
Ella Gendel director 300 WEST 6TH STREET, SUITE 1550, AUSTIN TX 78701
Carl E Berg 10 percent owner, other: See Remarks C/O BERG & BERG DEVELOPERS, 10050 BANDLEY DR, CUPERTINO CA 95014
Seth Fischer 10 percent owner C/O OASIS MANAGEMENT (HONG KONG) LLC, 21/F MAN YEE BUILDING, 68 DES VOEUX ROAD, CENTRAL K3
Oasis Management Co Ltd. 10 percent owner 4TH FLOOR ANDERSON SQUARE,, 64 SHEDDEN ROAD, P.O. BOX 10324, GRAND CAYMAN E9 KY-1103
David M Dean other: See Remarks 16200 ADDISON ROAD, SUITE 220, ADDISON TX 75001

Stratus Properties (Stratus Properties) Headlines

From GuruFocus