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Ideal Power (Ideal Power) Property, Plant and Equipment : $0.55 Mil (As of Dec. 2023)


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What is Ideal Power Property, Plant and Equipment?

Ideal Power's quarterly net PPE increased from Jun. 2023 ($0.50 Mil) to Sep. 2023 ($0.55 Mil) but then stayed the same from Sep. 2023 ($0.55 Mil) to Dec. 2023 ($0.55 Mil).

Ideal Power's annual net PPE increased from Dec. 2021 ($0.36 Mil) to Dec. 2022 ($0.45 Mil) and increased from Dec. 2022 ($0.45 Mil) to Dec. 2023 ($0.55 Mil).


Ideal Power Property, Plant and Equipment Historical Data

The historical data trend for Ideal Power'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.

Ideal Power Property, Plant and Equipment Chart

Ideal Power 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 0.31 0.12 0.36 0.45 0.55

Ideal Power 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 0.45 0.46 0.50 0.55 0.55

Ideal Power 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.


Ideal Power  (NAS:IPWR) 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.


Ideal Power Property, Plant and Equipment Related Terms

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Ideal Power (Ideal Power) Business Description

Traded in Other Exchanges
Address
5508 Highway 290 West, Suite 120, Austin, TX, USA, 78735
Ideal Power Inc is pioneering the development of its broadly patented bidirectional power switches, creating efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS / data center, solid-state circuit breaker and other industrial and military applications. The company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology. B-TRAN is a unique double-sided bidirectional AC switchable to deliver substantial performance improvements over conventional power semiconductors. The primary raw material used in the fabrication of B-TRAN devices is silicon wafers.
Executives
Gregory C Knight director C/O IDEAL POWER INC., 5508 HIGHWAY 290 WEST, SUITE 120, AUSTIN TX 78735
Drue Freeman director C/O IDEAL POWER INC., 5508 HIGHWAY 290 WEST, SUITE 120, AUSTIN TX 78735
Laban E Lesster director 4120 FREIDRICH LN STE 100, AUSTIN TX 78744
David B Eisenhaure director 478 JERUSALEM ROAD, COHASSET MA 02025
Michael C Turmelle director 27 COUNTRY FARM WAY, STRATHAM NH 03885
Lon E Bell director, officer: President and CEO C/O AMERIGON INC, 5462 IRWINDALE AVENUE, IRWINDALE CA 91706
Daniel Brdar director, officer: BTRAN Chief Commercial Officer FUELCELL ENERGY INC, 3 GREAT PASTURE ROAD, DANBURY CT 06813-1305
Timothy Burns officer: Chief Financial Officer 900 E. HAMILTON AVENUE, SUITE 400, CAMPBELL CA 95008
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Bill Alexander director, officer: Chief Technology Officer 5004 BEE CREEK ROAD, SUITE 600, SPICEWOOD TX 78669
Mark L Baum director C/O IMPRIMIS PHARMACEUTICALS, INC, 12264 EL CAMINO REAL, SUITE 350, SAN DIEGO CA 92130
Peter A Appel 10 percent owner C/O ARCH CAPITAL HOLDINGS LTD, 20 HORSENECK LANE, GREENWICH CT 06830
Ryan O'keefe officer: Senior VP, Bus. Development 4120 FREIDRICH LANE, SUITE 100, AUSTIN TX 78744
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Tarr Charles De 10 percent owner, officer: VP Finance 5004 BEE CREEK ROAD, SUITE 600, SPICEWOOD TX 78669