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Addvantage Technologies Group (Addvantage Technologies Group) Gross Property, Plant and Equipment : $7.28 Mil (As of Sep. 2023)


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What is Addvantage Technologies Group Gross Property, Plant and Equipment?

Addvantage Technologies Group's quarterly gross PPE declined from Mar. 2023 ($7.74 Mil) to Jun. 2023 ($7.52 Mil) and declined from Jun. 2023 ($7.52 Mil) to Sep. 2023 ($7.28 Mil).

Addvantage Technologies Group's annual gross PPE increased from Sep. 2020 ($7.98 Mil) to Sep. 2021 ($8.52 Mil) but then declined from Sep. 2021 ($8.52 Mil) to Dec. 2022 ($7.98 Mil).


Addvantage Technologies Group Gross Property, Plant and Equipment Historical Data

The historical data trend for Addvantage Technologies Group'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.

Addvantage Technologies Group Gross Property, Plant and Equipment Chart

Addvantage Technologies Group Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 2.67 7.98 8.52 7.98

Addvantage Technologies Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 7.81 7.98 7.74 7.52 7.28

Addvantage Technologies Group 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.


Addvantage Technologies Group  (OTCPK:AEYGQ) 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.


Addvantage Technologies Group Gross Property, Plant and Equipment Related Terms

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Addvantage Technologies Group (Addvantage Technologies Group) Business Description

Traded in Other Exchanges
N/A
Address
1430 Bradley Lane, Suite 196, Carrollton, TX, USA, 75007
Addvantage Technologies Group Inc is a communications infrastructure services and equipment provider operating a diversified group of companies through its Wireless Infrastructure Services and Telecommunications segments. Its Wireless Infrastructure Services segment provides turn-key wireless services including the installation, modification and upgrading of equipment on communication towers and small cell sites for wireless carriers, national integrators, tower owners and major equipment manufacturers. Its Telecommunications segment sell equipment used to acquire, distribute, and protect the communications signals. The Telecommunications segment generates maximum revenue for the company.
Executives
Timothy Scott Harden director 5729 LEBANON ROAD, SUITE 144411, FRISCO TX 75034
Jim Mcgill director 2121 SOUTH YORKTOWN #1103, TULSA OK 74114
Brian Neal Davidson officer: Chief Revenue Officer 1430 BRADLEY LANE, SUITE 196, CARROLLTON TX 75007
Jerry Don Jones officer: President, Fulton Technologies 1045 BRICE ST, MERIDIAN TX 76665
Michael A Rutledge officer: Chief Financial Officer 5000 LEGACY DR, SUITE 350, PLANO TX 75024
Michael G Ramke officer: INTERIM CFO
Kenneth A Chymiak director, 10 percent owner, officer: President and CEO 808 N 16TH ST, BROKEN ARROW OK 74012
Susan C Chymiak 10 percent owner C/O ADDVANTAGE TECHNOLOGIES GROUP INC, 1605 E IOLA, BROKEN ARROW OK 74012
Jarrod M Watson officer: Chief Financial Officer 5604 TEMPLIN WAY, PLANO TX 75093
Jimmy R Taylor officer: President, Wireless Services 22905 CIELO VISTA, SAN ANTONIO TX 78255
Reginald Jaramillo officer: President, Telco Segment 1801 GOLIAD WAY, LANTANA TX 76226
John Shelnutt director 605 ISLEWORTH LANE, MCKINNEY TX 75072
Donald Jr Kinison officer: Vice President of Sales 1010 TWIN OAKS, PROSPER TX 75078
Scott A Francis director, officer: VP and CFO 1221 E. HOUSTON ST., BROKEN ARROW OK 74012
Empey Colby officer: President, Wireless Services 908 BLUFFVIEW DRIVE, ALLEN TX 75002