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Crawford United (Crawford United) Gross Property, Plant and Equipment : $38.9 Mil (As of Mar. 2024)


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What is Crawford United Gross Property, Plant and Equipment?

Crawford United's quarterly gross PPE increased from Sep. 2023 ($37.0 Mil) to Dec. 2023 ($37.2 Mil) and increased from Dec. 2023 ($37.2 Mil) to Mar. 2024 ($38.9 Mil).

Crawford United's annual gross PPE increased from Dec. 2021 ($33.8 Mil) to Dec. 2022 ($36.3 Mil) and increased from Dec. 2022 ($36.3 Mil) to Dec. 2023 ($37.2 Mil).


Crawford United Gross Property, Plant and Equipment Historical Data

The historical data trend for Crawford United'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.

Crawford United Gross Property, Plant and Equipment Chart

Crawford United Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.24 25.48 33.80 36.28 37.20

Crawford United Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 36.08 36.83 36.99 37.20 38.91

Crawford United 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.


Crawford United  (OTCPK:CRAWA) 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.


Crawford United Gross Property, Plant and Equipment Related Terms

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Crawford United (Crawford United) Business Description

Traded in Other Exchanges
N/A
Address
10514 Dupont Avenue, Cleveland, OH, USA, 44108
Crawford United Corp is engaged in providing specialty industrial products to diverse markets of healthcare, education, automotive, aerospace, trucking, and petrochemical. The company operates through the following segments, namely Commercial Air Handling Equipment, which is into designing, manufacturing, and installing large-scale commercial, institutional, and industrial custom air handling solutions; and Industrial & Transportation Products, which is into the manufacture of flexible interlocking metal hoses and the distribution of silicone and hydraulic hoses. The company's geographical segments include the United States, Puerto Rico, Mexico, Canada, and Others.
Executives
Matthew V Crawford director
Edward F Crawford director
James W Wert director
Jay Daly officer: Chief Financial Officer 10514 DUPONT AVENUE, CLEVELAND OH 44108
Luis Enrique Jimenez director 10514 DUPONT AVENUE, CLEVELAND OH 44108
George Richard Hart officer: Vice President of Engineering C/O HICKOK INCORPORATED, 10514 DUPONT AVENUE, CLEVELAND OH 44108
Kelly Kuna officer: Chief Financial Officer 6050 OAK TREE BLVD., SUITE #500, CLEVELAND OH 44131
Steven Rosen director, 10 percent owner 25101 CHAGRIN BOULEVARD SUITE 350, BEACHWOOD OH 44122
Brian E Powers director 25101 CHAGRIN BLVD., SUITE 210, CLEVELAND OH 44122
Three Bears Trust 10 percent owner 1660 WEST 2ND STREET, SUITE 1100, CLEVELAND OH 44122
Jennifer Aplin Elliot director, 10 percent owner 1178 BELLINGHAM DR., OCEANSIDE CA 92057
Roundball Llc 10 percent owner 1660 WEST 2ND STREET SUITE 1100, CLEVELAND OH 44113
Kirin Smith director C/O HICKOK INCORPORATED, 10514 DUPONT AVENUE, CLEVELAND OH 44108
Patrick R Bauman officer: Vice President Sales/Marketing 851 STUART AVENUE, SOUTH EUCLID OH 44121
James F Allen officer: Vice President Manufacturing 1307 JANE LANE, GREENWOOD MS 38930

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