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MeridianLink (MeridianLink) Gross Property, Plant and Equipment : $13.7 Mil (As of Dec. 2023)


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What is MeridianLink Gross Property, Plant and Equipment?

MeridianLink's quarterly gross PPE increased from Jun. 2023 ($13.5 Mil) to Sep. 2023 ($13.9 Mil) but then declined from Sep. 2023 ($13.9 Mil) to Dec. 2023 ($13.7 Mil).

MeridianLink's annual gross PPE increased from Dec. 2021 ($12.4 Mil) to Dec. 2022 ($13.7 Mil) but then declined from Dec. 2022 ($13.7 Mil) to Dec. 2023 ($13.7 Mil).


MeridianLink Gross Property, Plant and Equipment Historical Data

The historical data trend for MeridianLink'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.

MeridianLink Gross Property, Plant and Equipment Chart

MeridianLink Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
22.69 11.96 12.37 13.75 13.66

MeridianLink Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.75 13.63 13.47 13.86 13.66

MeridianLink 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.


MeridianLink  (NYSE:MLNK) 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.


MeridianLink Gross Property, Plant and Equipment Related Terms

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MeridianLink (MeridianLink) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » MeridianLink Inc (NYSE:MLNK) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
N/A
Address
3560 Hyland Avenue, Suite 200, Costa Mesa, CA, USA, 92626
MeridianLink Inc is a cloud-based software solution for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies. It generates maximum revenue from Lending Software Solutions.
Executives
Sean W Blitchok officer: Chief Financial Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Edward H Mcdermott director 60 E. SIR FRANCIS DRAKE BLVD., SUITE 300, LARKSPUR CA 94939
Cowan Cody director MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Chris Maloof officer: President, Go To Market MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Mark Sachleben director C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Duston Williams director C/O NUTANIX, INC., 1740 TECHNOLOGY DRIVE, SUITE 150, SAN JOSE CA 95110
Alan R. Arnold officer: Chief Operating Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Yael Zheng director 345 ENCINAL STREET, SANTA CRUZ CA 95060
Reema Poddar director 1600 SUNFLOWER AVENUE, #200, COSTA MESA CA 92626
Timothy Nguyen director, officer: Chief Strategy Officer PROJECT ANGEL PARENT, LLC, 1600 SUNFLOWER AVENUE, SUITE #200, COSTA MESA CA 92626
Paul Andrew Zuber director C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES CA 90067
Nicolaas Vlok director, officer: Chief Executive Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Chad H. Martin officer: Chief Financial Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Thoma Bravo Discover Fund Ii, L.p. 10 percent owner 300 NORTH LASALLE STREET, SUITE 4350, CHICAGO IL 60654
Arthur J. Rohde director PROJECT ANGEL PARENT, LLC, 1600 SUNFLOWER AVENUE, SUITE #200, COSTA MESA CA 92626

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