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Metalert (Metalert) Property, Plant and Equipment : $0.03 Mil (As of Sep. 2023)


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What is Metalert Property, Plant and Equipment?

Metalert's quarterly net PPE declined from Mar. 2023 ($0.05 Mil) to Jun. 2023 ($0.04 Mil) and declined from Jun. 2023 ($0.04 Mil) to Sep. 2023 ($0.03 Mil).

Metalert's annual net PPE increased from Dec. 2020 ($0.01 Mil) to Dec. 2021 ($0.09 Mil) but then declined from Dec. 2021 ($0.09 Mil) to Dec. 2022 ($0.06 Mil).


Metalert Property, Plant and Equipment Historical Data

The historical data trend for Metalert'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.

Metalert Property, Plant and Equipment Chart

Metalert Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.02 0.01 0.09 0.06

Metalert Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.07 0.06 0.05 0.04 0.03

Metalert 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.


Metalert  (OTCPK:MLRT) 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.


Metalert Property, Plant and Equipment Related Terms

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Metalert (Metalert) Business Description

Industry
Traded in Other Exchanges
N/A
Address
117 West 9th Street, Suite 1214, Los Angeles, CA, USA, 90015
Metalert Inc along with its subsidiaries, is engaged in the designing, development, manufacturing, distribution, and sales of products and services in the GPS and BLE wearable technology personal location and wandering assistive technology business. Its Products and services include GPS SmartSole, Take-Along Tracker 4G, Track My Workforce, Sole Protector for GPS Smart sole, Take-Along Friends & the Invisabelt, Protective Medical devices & supplies, and VeriTap. The company generates revenue from product sales, recurring subscriptions, software, and intellectual property (IP) licensing, fees for custom hardware and software development, professional consulting, and support & maintenance services.
Executives
Louis Martin Rosenbaum director 117 W. 9TH STREET, #1214, LOS ANGELES CA 90024
Alex Grimes Mckean officer: Interim CFO 1525 MONTANA AVENUE #C, SANTA MONICA CA 90403
Williams H Murray officer: Chief Financial Officer 28426 RANCHO GRANDE, LAGUNA NIGUEL CA 92677
Patrick Aroff director 117 W. 9TH STREET, #1214, LOS ANGELES CA 90015
Andrew Hamish Duncan director 117 W 9TH STREET #1214, LOS ANGELES CA 90015
Gregory Jeremiah Provenzano director 117 W 9TH STREET #1214, LOS ANGELES CA 90015
Multi Media Technology Ventures, Ltd. 10 percent owner 668 N. COAST HWY, STE 191, LAGUNA BEACH CA 92651
Christopher M Walsh officer: Chief Operations Officer 117 W. 9TH STREET, #1214, LOS ANGELES CA 90015
Patrick Bertagna director, officer: President, CEO 117 W. 9TH STREET, #1214, LOS ANGELES CA 90015
Jeff Sharpe director, 10 percent owner, officer: President,Secretary,Treasurer 6348 49TH AVENUE, LADNER A1 V4K 5A1

Metalert (Metalert) Headlines

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