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EVA (Enviva) Gross Property, Plant and Equipment : $2,358 Mil (As of Sep. 2023)


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What is Enviva Gross Property, Plant and Equipment?

Enviva's quarterly gross PPE increased from Mar. 2023 ($2,245 Mil) to Jun. 2023 ($2,317 Mil) and increased from Jun. 2023 ($2,317 Mil) to Sep. 2023 ($2,358 Mil).

Enviva's annual gross PPE increased from Dec. 2020 ($1,662 Mil) to Dec. 2021 ($2,003 Mil) and increased from Dec. 2021 ($2,003 Mil) to Dec. 2022 ($2,201 Mil).


Enviva Gross Property, Plant and Equipment Historical Data

The historical data trend for Enviva'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.

Enviva Gross Property, Plant and Equipment Chart

Enviva Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 712.00 988.31 1,662.12 2,002.66 2,201.37

Enviva 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 2,154.03 2,201.37 2,244.72 2,317.25 2,357.53

Enviva 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.


Enviva  (NYSE:EVA) 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.


Enviva Gross Property, Plant and Equipment Related Terms

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Enviva Business Description

Industry
Traded in Other Exchanges
Address
7272 Wisconsin Avenue, Suite 1800, Bethesda, MD, USA, 20814
Enviva Inc develop, construct, acquire, and own and operate, fully contracted wood pellet production plants where the company aggregate a natural resource, wood fiber, and process it into dry, densified, uniform pellets that can be effectively stored and transported around the world. The company sells term, take-or-pay off-take contracts with creditworthy customers in the United Kingdom, the European Union, and Japan, who use pellets to displace coal and other fossil fuels to generate power and heat as part of their efforts to accelerate the energy transition away from conventional energy sources. The company derive a majority of revenues from customers in Europe.
Executives
Inclusive Capital Partners, L.p. 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Glenn Nunziata officer: EVP and CFO 7272 WISCONSIN AVE., STE 1800, BETHESDA MD 20814
Bumgarner John C Jr director
Ralph Alexander director 1000 LOUISIANA, SUITE 1450, HOUSTON TX 77002
Mark A Coscio officer: EVP and CDO 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Lansing Gerrit Livingston Jr. director C/O BTG PACTUAL, 601 LEXINGTON AVENUE, 57TH FLOOR, NEW YORK NY 10022
Gary L Whitlock director
Jason E. Paral officer: SVP, Gen. Counsel & Secretary 7272 WISCONSIN AVENUE, SUITE 1800, BETHESDA MD 20814
John-paul D. Taylor officer: SVP and CCO 7272 WISCONSIN AVENUE, SUITE 1800, BETHESDA MD 20814
Yana Kravtsova officer: EVP, Comms, Public & Env. Aff. 7550 WISCONSIN AVE., 9TH FLOOR, BETHESDA MD 20814
John K. Keppler director, officer: Chairman and CEO 7200 WISCONSIN AVENUE, SUITE 1000, BETHESDA MD 20814
Jeffrey W Ubben director, 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Shai Even officer: Exec VP and CFO 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Edward Royal Smith officer: Vice President Operations 7200 WISCONSIN AVE., SUITE 1000, BETHESDA MD 20814
Thomas Meth officer: Exec V.P. of Sales & Marketing 7200 WISCONSIN AVENUE, SUITE 1000, BETHESDA MD 20814

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