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MobileIron (MobileIron) Gross Property, Plant and Equipment : $33.8 Mil (As of Sep. 2020)


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What is MobileIron Gross Property, Plant and Equipment?

MobileIron's quarterly gross PPE declined from Mar. 2020 ($35.4 Mil) to Jun. 2020 ($34.8 Mil) and declined from Jun. 2020 ($34.8 Mil) to Sep. 2020 ($33.8 Mil).

MobileIron's annual gross PPE increased from Dec. 2017 ($22.2 Mil) to Dec. 2018 ($23.4 Mil) and increased from Dec. 2018 ($23.4 Mil) to Dec. 2019 ($36.4 Mil).


MobileIron Gross Property, Plant and Equipment Historical Data

The historical data trend for MobileIron'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.

MobileIron Gross Property, Plant and Equipment Chart

MobileIron Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 14.35 16.51 22.20 23.43 36.37

MobileIron Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 37.47 36.37 35.37 34.84 33.85

MobileIron 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.


MobileIron  (NAS:MOBL) 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.


MobileIron Gross Property, Plant and Equipment Related Terms

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MobileIron (MobileIron) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » MobileIron Inc (NAS:MOBL) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
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Address
490 East Middlefield Road, Mountain View, CA, USA, 94043
MobileIron Inc provides a purpose-built mobile IT platform. The company's platform enables enterprises to manage and secure mobile applications, content, and devices while providing their employees with device choice, privacy, and native user experience.It serves to midsize and large enterprises across industries like financial services, government, healthcare, legal, manufacturing, professional services, retail, technology, and telecommunications. Geographically, it operates in California North America, Europe, the Middle East, Asia, and Australia.
Executives
Altai Capital Management, L.p. director, other: See Remarks 4675 MACARTHUR COURT SUITE 1500 NEWPORT BEACH CA 92660
Brian Foster officer: Senior VP, Product Management 21575 RIDGETOP CIRCLE STERLING VA 20166
Simon Biddiscombe director, officer: President and CEO C/O MOBILEIRON, INC., 415 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Christof Baumgaertner officer: Chief Revenue Officer C/O MOBILEIRON, INC., 490 EAST MIDDLEFIELD ROAD MOUNTAIN VIEW CA 94043
Scott D. Hill officer: Chief Financial Officer C/O MOBILEIRON, INC. 415 EAST MIDDLEFIELD ROAD MOUNTAIN VIEW CA 94043
Storm Ventures Fund Iv, L.p. 10 percent owner 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Storm Ventures Affiliates Fund Iii Lp 10 percent owner 2440 SAND HILL RD SUITE 301 MENLO CA 94025
Storm Ventures Fund Iii Lp 10 percent owner 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Storm Ventures Principals Fund Iii 10 percent owner 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Kenneth R. Klein director C/O MOBILEIRON, INC. 415 EAST MIDDLEFIELD ROAD MOUNTAIN VIEW CA 94943
Altai Capital Management, Llc director, other: See Remarks 4675 MACARTHUR COURT SUITE 1500 NEWPORT BEACH CA 92660
Rishi Bajaj director 4675 MACARTHUR COURT SUITE 1500 NEWPORT BEACH CA 92660
Tae Hea Nahm director, 10 percent owner 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
James R Tolonen director
Anjali Joshi director

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