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Barings BDC (Barings BDC) Property, Plant and Equipment : $0.0 Mil (As of Dec. 2023)


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What is Barings BDC Property, Plant and Equipment?


Barings BDC Property, Plant and Equipment Historical Data

The historical data trend for Barings BDC's 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.

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Barings BDC Property, Plant and Equipment Chart

Barings BDC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
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Barings BDC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Barings BDC Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


Barings BDC  (NYSE:BBDC) 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.


Barings BDC Property, Plant and Equipment Related Terms

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Barings BDC (Barings BDC) Business Description

Traded in Other Exchanges
Address
300 South Tryon Street, Suite 2500, Charlotte, NC, USA, 28202
Barings BDC Inc operates as a closed-end, non-diversified investment company and has elected to be treated as a business development company. The company's investment objective is to generate current income by investing directly in privately-held middle-market companies to help these companies fund acquisitions, growth or refinancing. Barings employs fundamental credit analysis and targets investments in businesses with low levels of cyclicality and operating risk relative to other businesses in this market segment. The holding size of each position will generally be dependent upon a number of factors including total facility size, pricing and structure, and the number of other lenders in the facility.
Executives
Michael Desieno officer: Chief Accounting Officer 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Stephen R Byers director C/O BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Michael James O'connor other: Adviser Board Member C/O BARINGS LLC, 300 SOUTH TRYON ST., SUITE 2500, CHARLOTTE NC 28202
Sears Merritt other: Adviser Board Member C/O BARINGS LLC, 300 SOUTH TRYON ST., SUITE 2500, CHARLOTTE NC 28202
Elizabeth A. Murray officer: Director of External Reporting BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Albert Perley officer: Assistant Treasurer BARINGS LLC, 300 SOUTH TRYON ST., STE 2500, CHARLOTTE NC 28202
Michael Freno director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Jeffrey Chillag officer: Director of Finance BARINGS LLC, 300 SOUTH TRYON STREET, STE 2500, CHARLOTTE NC 28202
Eric Partlan other: Adviser Board Member BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Geoff Craddock other: Adviser Board Member MASSACHUSETTS MUTUAL LIFE INSURANCE CO., ONE MARINA PARK DRIVE, BOSTON MA 02210
Thomas Okel director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Gregory Wayne Maccordy other: Chief Compliance Officer 6 LAMPLIGHT LANE, WESTPORT CT 06880
Ashlee Steinnerd officer: Chief Legal Officer BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Benjamin Tecmire officer: Chief Compliance Officer BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Valerie Lancaster-beal director SIERRA INCOME CORPORATION, 375 PARK AVE. SUITE 3304, NEW YORK NY 10152