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National Bank Holdings (National Bank Holdings) Gross Property, Plant and Equipment : $267.6 Mil (As of Dec. 2023)


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What is National Bank Holdings Gross Property, Plant and Equipment?

National Bank Holdings's quarterly gross PPE increased from Jun. 2023 ($147.9 Mil) to Sep. 2023 ($153.6 Mil) and increased from Sep. 2023 ($153.6 Mil) to Dec. 2023 ($267.6 Mil).

National Bank Holdings's annual gross PPE increased from Dec. 2021 ($180.3 Mil) to Dec. 2022 ($237.3 Mil) and increased from Dec. 2022 ($237.3 Mil) to Dec. 2023 ($267.6 Mil).


National Bank Holdings Gross Property, Plant and Equipment Historical Data

The historical data trend for National Bank Holdings'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.

National Bank Holdings Gross Property, Plant and Equipment Chart

National Bank Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 183.69 185.82 180.31 237.29 267.58

National Bank Holdings 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 140.42 147.85 153.55 267.58 168.96

National Bank Holdings 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.


National Bank Holdings  (NYSE:NBHC) 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.


National Bank Holdings Gross Property, Plant and Equipment Related Terms

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National Bank Holdings (National Bank Holdings) Business Description

Traded in Other Exchanges
N/A
Address
7800 East Orchard Road, Suite 300, Greenwood Village, CO, USA, 80111
National Bank Holdings Corp is a bank holding company. It provides various banking products and financial services to commercial, business, and consumer clients in the United States. The company offers deposit products including checking accounts, savings accounts, money market accounts, and other deposit accounts, including fixed-rate and fixed-maturity time deposits. It also provides commercial and industrial loans and leases. In addition, it offers treasury management solutions comprising online and mobile banking, commercial credit card, wire transfer, automated clearing house, and electronic bill payments.
Executives
Christopher S. Randall officer: EVP, Comm. & Specialty Banking 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
G. Timothy Laney director, officer: Chief Executive Officer 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Robert E Dean director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Brendan W Zahl officer: EVP NBH Residential Banking 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Newfield Richard U Jr. officer: Chief Risk Mngmt Officer 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Alka Gupta director 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Warren Burney S. Iii director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Maria F Spring director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Angela Nicole Petrucci officer: Chief Admin Officer NATIONAL BANK HOLDINGS CORPORATION, 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Whitney A. Bartelli officer: Chief Marketing Officer 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Patrick G. Sobers officer: EVP, Consumer & Smll Bus. Bnkg 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Ruth Stevenson officer: Chief Client Executive 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Zsolt K Bessko officer: Chief Admin Officer 1331 SEVENTEENTH STREET, STE. 300, DENVER CO 80202
Aldis Birkans officer: Chief Financial Officer 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Denabeele Nicole Van officer: Chief Accounting Officer 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111