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Cascade Microtech (Cascade Microtech) Gross Property, Plant and Equipment : $42.5 Mil (As of Mar. 2016)


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What is Cascade Microtech Gross Property, Plant and Equipment?

Cascade Microtech's quarterly gross PPE increased from Sep. 2015 ($40.4 Mil) to Dec. 2015 ($40.7 Mil) and increased from Dec. 2015 ($40.7 Mil) to Mar. 2016 ($42.5 Mil).

Cascade Microtech's annual gross PPE increased from Dec. 2013 ($34.1 Mil) to Dec. 2014 ($36.5 Mil) and increased from Dec. 2014 ($36.5 Mil) to Dec. 2015 ($40.7 Mil).


Cascade Microtech Gross Property, Plant and Equipment Historical Data

The historical data trend for Cascade Microtech'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.

Cascade Microtech Gross Property, Plant and Equipment Chart

Cascade Microtech Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.76 32.85 34.13 36.51 40.70

Cascade Microtech Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 38.11 39.51 40.35 40.70 42.51

Cascade Microtech 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.


Cascade Microtech  (NAS:CSCD) 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.


Cascade Microtech Gross Property, Plant and Equipment Related Terms

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Cascade Microtech (Cascade Microtech) Business Description

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Cascade Microtech Inc was incorporated in the state of Oregon in 1984. The Company designs, develops, manufactures and markets wafer probing solutions for the electrical measurement and testing of high performance semiconductor devices. Its product enables precision on-wafer measurement of integrated circuits. It is also used in production applications to test semiconductor devices prior to completion of the manufacturing process. It operates in two business segments: Systems and Probes. Sales of its probe stations are included in the Systems segment and sales of its analytical probes and production probe cards are included in the Probes segment. It operates in Oregon, Minnesota and Dresden, Germany, with sales, service and support centers in North America, Germany, Japan, Taiwan, China and Singapore. It designs, manufactures and sells multiple product lines, including probe stations, thermal subsystems, reliability test systems, analytical probes, production probe cards and various services and accessories. Its products are used by semiconductor manufacturers, test subcontractors, research organizations and designers. The Company sells its probe stations, thermal subsystems, reliability test systems, analytical probes, and production probe cards through a combination of manufacturers' representatives, distributors and direct sales people. The competitors of the company include Vector Semiconductor Co. Ltd., Signatone Corporation, MPI Corporation, Tokyo Seimitsu Co., LTD/Accretech, Tokyo Electron ("TEL"), The Micromanipulator Company Inc. and Wentworth Laboratories Inc., among others. In the market for thermal subsystems, it competes against ERS Electronic, GmbH, Temptronic Environmental Test Chambers and Espec Corp. Its reliability test products compete against a number of competitors including Qualitau, Inc., STAr Technologies, Inc., Reedholm Instruments Co. and Chiron technology Pte. Ltd. It is subject to federal, state and local laws and regulations.
Executives
William Spivey director
John D Delafield director, 10 percent owner 1301 SECOND AVENUE, SUITE 2850, SEATTLE WA 98101
Raymond A Link director C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Michael D Burger officer: President and CEO 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Jeffrey A Killian officer: CFO, VP Finance C/O RESONANT INC. 175 CREMONA DRIVE, SUITE 200 GOLETA CA 93117
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Rgm Capital, Llc other: Shareholder 9010 STRADA STELL COURT, SUITE 105, NAPLES FL 34109
Robert G Moses other: Shareholder RGM CAPITAL, LLC, 9010 STRADA STELL COURT, SUITE 105, NAPLES FL 34109
Laurence W Lytton 10 percent owner 467 CENTRAL PARK WEST, NY NY 10025
Geoffrey Wild director, officer: President and CEO 108 CHERRY HILL DRIVE, BEVERLY MA 01915

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