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Boingo Wireless (Boingo Wireless) Gross Property, Plant and Equipment : $827.0 Mil (As of Mar. 2021)


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What is Boingo Wireless Gross Property, Plant and Equipment?

Boingo Wireless's quarterly gross PPE increased from Sep. 2020 ($783.3 Mil) to Dec. 2020 ($810.0 Mil) and increased from Dec. 2020 ($810.0 Mil) to Mar. 2021 ($827.0 Mil).

Boingo Wireless's annual gross PPE increased from Dec. 2018 ($583.1 Mil) to Dec. 2019 ($723.6 Mil) and increased from Dec. 2019 ($723.6 Mil) to Dec. 2020 ($810.0 Mil).


Boingo Wireless Gross Property, Plant and Equipment Historical Data

The historical data trend for Boingo Wireless'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.

Boingo Wireless Gross Property, Plant and Equipment Chart

Boingo Wireless Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 423.32 502.65 583.07 723.63 810.02

Boingo Wireless Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 735.90 757.52 783.28 810.02 826.98

Boingo Wireless 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.


Boingo Wireless  (NAS:WIFI) 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.


Boingo Wireless Gross Property, Plant and Equipment Related Terms

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Boingo Wireless (Boingo Wireless) Business Description

Traded in Other Exchanges
N/A
Address
10960 Wilshire Boulevard, 23rd Floor, Los Angeles, CA, USA, 90024
Boingo Wireless Inc is a provider of wireless connectivity solutions for smartphones, tablets, laptops, wearables and other wireless-enabled consumer devices. It acquires long-term wireless rights at large venues like airports, transportation hubs, stadiums, arenas, military bases, universities, convention centers, and office campuses; build high-quality wireless networks such as distributed antenna systems ("DAS"), Wi-Fi, and small cells at those venues; and monetize the wireless networks through several products and services. Boingo generates most of its revenue from distributed antenna systems ("DAS").
Executives
Derek Peterson officer: Chief Technology Officer C/O BOINGO WIRELESS, INC. 10960 WILSHIRE BLVD. SUITE 800 LOS ANGELES CA 90024
Doug Lodder officer: SVP, Business Development 10960 WILSHIRE BLVD. 23RD FLOOR LOS ANGELES CA 90024
Dawn Callahan officer: Chief Marketing Officer C/O BOINGO WIRELESS, INC. 10960 WILSHIRE BLVD.SUITE 800 LOS ANGELES CA 90024
Peter Hovenier officer: Chief Financial Officer 10960 WILSHIRE BLVD SUITE 800 LOS ANGELES CA 90024
Roy H Chestnutt director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Chuck Davis director C/O BOINGO WIRELESS, INC. 10960 WILSHIRE BLVD. SUITE 800 LOS ANGELES CA 90024
David Hagan director 10960 WILSHIRE BLVD SUITE 800 LOS ANGELES CA 90024
Michele Vion Choka director 4140 DUBLIN BLVD, SUITE 400, DUBLIN CA 94568
Kathy Misunas director
Maury Austin director 955 EAST ARQUES AVENUE, SUNNYVALE CA 94085-4521
Lance Rosenzweig director 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Michael Finley director, officer: Chief Executive Officer 4401 WILSHIRE BLVD., SUITE 200 LOS ANGELES CA 90010
Terrell B Jones director
Tom Tracey officer: Senior VP of Operations C/O BOINGO WIRELESS, INC. 10960 WILSHIRE BLVD. SUITE 800 LOS ANGELES CA 90024
Charles Boesenberg director 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568