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Applied UV (Applied UV) Property, Plant and Equipment : $4.36 Mil (As of Dec. 2023)


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What is Applied UV Property, Plant and Equipment?

Applied UV's quarterly net PPE declined from Jun. 2023 ($4.97 Mil) to Sep. 2023 ($4.65 Mil) and declined from Sep. 2023 ($4.65 Mil) to Dec. 2023 ($4.36 Mil).

Applied UV's annual net PPE increased from Dec. 2021 ($1.93 Mil) to Dec. 2022 ($5.18 Mil) but then declined from Dec. 2022 ($5.18 Mil) to Dec. 2023 ($4.36 Mil).


Applied UV Property, Plant and Equipment Historical Data

The historical data trend for Applied UV'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.

Applied UV Property, Plant and Equipment Chart

Applied UV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial 0.65 0.59 1.93 5.18 4.36

Applied UV 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 5.18 5.46 4.97 4.65 4.36

Applied UV 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.


Applied UV  (OTCPK:AUVIQ) 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.


Applied UV Property, Plant and Equipment Related Terms

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Applied UV (Applied UV) Business Description

Traded in Other Exchanges
Address
150 N. Macquesten Parkway, Mount Vernon, NY, USA, 10550
Applied UV Inc is focused on the development and acquisition of technology that addresses infection control in the healthcare, hospitality, commercial and municipal markets. The company operates in three reportable segments: the design, manufacture, assembly and distribution of automated disinfecting systems for use in public spaces, hospitals and other healthcare facilities (Disinfectant segment) and the manufacture of fine mirrors specifically for the hospitality industry (Hospitality segment)and Corporate segment. It derives a majority of its revenue from the Hospitality segment.
Executives
Laurie Munn 10 percent owner 150 N. MACQUESTEN PARKWAY, MOUNT VERNON NY 10550
Brian Andrew Stern director, 10 percent owner 12340 W CEDAR DR., LAKEWOOD CO 80228
Monica L Woo director 1600 STEWAQRT AVE, WESTBURY NY 11590
Luhukay Joseph Fellipus Peter director 150 N. MACQUESTEN PKWY, MOUNT VERNON NY 10550
John Fay Andrews director, officer: Chief Exeutive Officer 150 N. MACQUESTEN PKWY, MOUNT VERNON NY 10550
Hayman John James Iii officer: Interim COO 3625 KENNESAW NORTH IND PKWY NW, KENNESAW GA 30144
Michael Gerard Riccio officer: Chief Financial Officer 150 N. MACQUESTEN PARKWAY, MOUNT VERNON NY 10550
Eugene A Bauer director C/O APPLIED UV, INC., 150 N. MACQUESTEN PKWY, MOUNT VERNON NY 10550
Joel S Kanter director C/O APPLIED UV, INC., 150 N. MACQUESTEN PKWY, MOUNT VERNON NY 10550
Alastair J Clemow director C/O APPLIED UV, INC., 150 N. MACQUESTEN PKWY, MOUNT VERNON NY 10550
Max Munn director, 10 percent owner, officer: President 150 N. MACQUESTEN PARKWAY, MOUNT VERNON NY 10550
Dallas Christian Hack director 150 N. MACQUESTEN PARKWAY, MOUNT VERNON NY 10550
Keyoumars Saeed director, officer: Chief Executive Officer 150 N. MACQUESTEN PARKWAY, MOUNT VERNON NY 10550
James Doyle officer: Chief Operations Officer 150 N. MACQUESTEN PARKWAY, MOUNT VERNON NY 10550
Eugene Burleson director 150 N. MACQUESTEN PARKWAY, MOUNT VERNON NY 10550