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Guaranty Federal Bancshares (Guaranty Federal Bancshares) Gross Property, Plant and Equipment : $40.74 Mil (As of Dec. 2021)


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What is Guaranty Federal Bancshares Gross Property, Plant and Equipment?

Guaranty Federal Bancshares's quarterly gross PPE declined from Jun. 2021 ($25.79 Mil) to Sep. 2021 ($25.37 Mil) but then increased from Sep. 2021 ($25.37 Mil) to Dec. 2021 ($40.74 Mil).

Guaranty Federal Bancshares's annual gross PPE stayed the same from Dec. 2019 ($41.25 Mil) to Dec. 2020 ($41.10 Mil) but then declined from Dec. 2020 ($41.10 Mil) to Dec. 2021 ($40.74 Mil).


Guaranty Federal Bancshares Gross Property, Plant and Equipment Historical Data

The historical data trend for Guaranty Federal Bancshares'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.

Guaranty Federal Bancshares Gross Property, Plant and Equipment Chart

Guaranty Federal Bancshares 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 20.88 32.00 41.25 41.10 40.74

Guaranty Federal Bancshares Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 41.10 26.06 25.79 25.37 40.74

Guaranty Federal Bancshares 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.


Guaranty Federal Bancshares  (NAS:GFED) 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.


Guaranty Federal Bancshares Gross Property, Plant and Equipment Related Terms

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Guaranty Federal Bancshares (Guaranty Federal Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
2144 E Republic Road, Suite F200, Springfield, MO, USA, 65804
Guaranty Federal Bancshares Inc is a bank holding company for Guaranty Federal Savings Bank. The principal business of the company is overseeing the business of the Bank. The bank attracts retail deposits from the general public and investing those deposits together with funds generated from operations, in commercial real estate loans, multi-family residential mortgage loans, construction loans, business, consumer and other loans. It also invests in mortgage-backed, federal agency and U.S. government securities and other marketable securities. The firm derives its revenue from interest on its loan, other investments, and fees charged for services provided and gains generated from the sale of loans and investment securities.
Executives
Daniel Winton Williams officer: VP-Financial Manager 5714 NOTTINGHAM PL BARTLESVILLE OK 74006
Carter M Peters officer: EVP-CFO 1341 W BATTLEFIELD SPRINGFIELD MO 65807
Craig E Dunn officer: EVP-Chief Comm Banking Officer 9693 WEST FARM ROAD 156 REPUBLIC MO 65738
John F Griesemer director 4024 E WINDSONG, SPRINGFIELD MO 65809
James R Batten director 233 SOUTH PATTERSON, SPRINGFIELD MO 65802
Greg Alan Horton director 782 N SQUIRES LN SPRINGFIELD MO 65802
Robin E Robeson officer: EVP/COO 1341 W BATTLEFIELD SPRINGFIELD MO 65807
Teri Harris officer: VP-CONTROLLER 1341 W BATTLEFIELD SPRINGFIELD MO 65807
Sheri D Biser officer: EVP/CCO 931 W SHERWOOD DR SPRINGFIELD MO 65810
Shaun A Burke director
Sivils James L Iii director
Tim Rosenbury director
Kurt D Hellweg director
David T Moore director 1615 E CATALPA SPRINGFIELD MO 65804
Tony Scavuzzo director, 10 percent owner 102 E. FRONT ST., MONROE MI 48161