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Mobileye Global (Mobileye Global) Property, Plant and Equipment : $454 Mil (As of Mar. 2024)


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What is Mobileye Global Property, Plant and Equipment?

Mobileye Global's quarterly net PPE increased from Sep. 2023 ($426 Mil) to Dec. 2023 ($447 Mil) and increased from Dec. 2023 ($447 Mil) to Mar. 2024 ($454 Mil).

Mobileye Global's annual net PPE increased from Dec. 2021 ($304 Mil) to Dec. 2022 ($384 Mil) and increased from Dec. 2022 ($384 Mil) to Dec. 2023 ($447 Mil).


Mobileye Global Property, Plant and Equipment Historical Data

The historical data trend for Mobileye Global'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.

* Premium members only.

Mobileye Global Property, Plant and Equipment Chart

Mobileye Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
- 187.00 304.00 384.00 447.00

Mobileye Global Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 401.00 422.00 426.00 447.00 454.00

Mobileye Global 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.


Mobileye Global  (NAS:MBLY) 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.


Mobileye Global Property, Plant and Equipment Related Terms

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Mobileye Global (Mobileye Global) Business Description

Traded in Other Exchanges
N/A
Address
c/o Mobileye B.V., P.O. Box 45157, Har Hotzvim, 13 Hartom Street, Jerusalem, ISR, 9777513
Mobileye Global Inc engages in the development and deployment of ADAS and autonomous driving technologies and solutions. It is building a portfolio of end-to-end ADAS and autonomous driving solutions to provide the capabilities needed for the future of autonomous driving, leveraging a comprehensive suite of purpose-built software and hardware technologies. Its solutions comprise Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, Mobileye Drive, Self-Driving System & Vehicles. It also provides data services to Expedite Maintenance Operations with AI-Powered Road Survey Technology.
Executives
Claire C. Mccaskill director C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Patrick P Gelsinger director VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Shai Shalev-shwartz officer: Chief Technology Officer C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Gavriel Hayon officer: See Remarks C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Amnon Shashua director, officer: CEO and President C/O MOBILEYE N.V., HAR HOTZVIM, 13 HARTOM STREET, NO. 45157, JERUSALEM L3 97775
Rojansky Moran Shemesh officer: Acting Chief Financial Officer C/O MOBILEYE B.V., HAR HOTZVIM,, 13 HARTOM STREET, P.O. BOX 45157,, JERUSALEM L3 9777513
Intel Corp 10 percent owner 2200 MISSION COLLEGE BLVD, RNB-4-151, SANTA CLARA CA 95054
Nimrod Nehushtan officer: SVP Bus Dev & Str & Co-Mgr REM C/O MOBILEYE B.V., HAR HOTZVIM, 13 HARTOM STREET, JERUSALEM L3 9777513
Frank D Yeary director C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD., RN4-151, SANTA CLARA CA 95054
Safroadu Yeboah-amankwah director C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
Christine M Pambianchi director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Eyal Desheh director C/O MOBILEYE GLOBAL INC., HAR HOTZVIM, 13 HARTOM STREET, BOX 45157, JERUSALEM L3 97775
General Atlantic Partners (lux), Scsp 10 percent owner 55 EAST 52ND STREET, FLOOR 33, NEW YORK NY 10055
General Atlantic (me), L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Huntsman Jon M Jr director 500 HUNTSMAN WAY, SALT LAKE CITY UT 84108

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