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Peakstone Realty Trust (Peakstone Realty Trust) Gross Property, Plant and Equipment : $33.7 Mil (As of Dec. 2023)


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What is Peakstone Realty Trust Gross Property, Plant and Equipment?

Peakstone Realty Trust's quarterly gross PPE declined from Jun. 2023 ($34.6 Mil) to Sep. 2023 ($34.2 Mil) and declined from Sep. 2023 ($34.2 Mil) to Dec. 2023 ($33.7 Mil).

Peakstone Realty Trust's annual gross PPE stayed the same from Dec. 2021 ($39.5 Mil) to Dec. 2022 ($35.5 Mil) but then declined from Dec. 2022 ($35.5 Mil) to Dec. 2023 ($33.7 Mil).


Peakstone Realty Trust Gross Property, Plant and Equipment Historical Data

The historical data trend for Peakstone Realty Trust'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.

Peakstone Realty Trust Gross Property, Plant and Equipment Chart

Peakstone Realty Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 41.35 39.94 39.48 35.45 33.74

Peakstone Realty Trust Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only 35.45 35.01 34.62 34.18 33.74

Peakstone Realty Trust 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.


Peakstone Realty Trust  (NYSE:PKST) 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.


Peakstone Realty Trust Gross Property, Plant and Equipment Related Terms

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Peakstone Realty Trust (Peakstone Realty Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1520 E. Grand Avenue, El Segundo, CA, USA, 90245
Peakstone Realty Trust is an internally managed, publicly registered real estate investment trust (REIT) that owns and operates predominately single-tenant industrial and office properties with creditworthy tenants and long-term leases. Peakstone's portfolio consists of newer vintage, and well-located real estate assets totaling approximately 19 million square feet across 24 states in majorly high-growth coastal and sunbelt markets.
Executives
Casey R Wold director C/O CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Carrie Dewees director C/O PEAKSTONE REALTY TRUST, 1520 E. GRAND AVE, EL SEGUNDO CA 90245
James F Risoleo director
Richard H Dozer director VIAD CORP, 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
P Anthony Nissley director 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Mark Chrisman officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Travis W Bushman officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Craig J Phillips officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Bryan Yamasawa officer: See Remarks 1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245
David J Congdon officer: See Remarks 1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245
Nina M Sitzer officer: See Remarks 1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245
Ranjit M Kripalani director 815 JOHN STREET, MANHATTAN BEACH CA 90266
Scott A Tausk officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Louis K Sohn officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Javier F Bitar officer: Chief Financial Officer 333 S. GRAND AVE STE 400, LOS ANGELES CA 90071

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