GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Black Diamond Group Ltd (OTCPK:BDIMF) » Definitions » Property, Plant and Equipment

Black Diamond Group (Black Diamond Group) Property, Plant and Equipment : $378.9 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Black Diamond Group Property, Plant and Equipment?

Black Diamond Group's quarterly net PPE declined from Jun. 2023 ($388.6 Mil) to Sep. 2023 ($388.2 Mil) and declined from Sep. 2023 ($388.2 Mil) to Dec. 2023 ($378.9 Mil).

Black Diamond Group's annual net PPE increased from Dec. 2021 ($330.7 Mil) to Dec. 2022 ($362.7 Mil) and increased from Dec. 2022 ($362.7 Mil) to Dec. 2023 ($378.9 Mil).


Black Diamond Group Property, Plant and Equipment Historical Data

The historical data trend for Black Diamond Group'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.

Black Diamond Group Property, Plant and Equipment Chart

Black Diamond Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 249.76 320.77 330.67 362.69 378.91

Black Diamond Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 362.69 376.40 388.61 388.19 378.91

Black Diamond Group 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.


Black Diamond Group  (OTCPK:BDIMF) 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.


Black Diamond Group Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Black Diamond Group's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Black Diamond Group (Black Diamond Group) Business Description

Traded in Other Exchanges
Address
440-2nd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 5E9
Black Diamond Group Ltd rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. It has two business units: Modular Space Solutions and Workforce Solutions. Modular Space Solutions provides high quality, cost effective, modular space rentals to customers. The customers operate in the construction, real estate development, education, manufacturing, health care, financial, government and defense industries. Workforce Solutions provides complete workforce housing solutions including rental of accommodations and surface equipment, provision of full turnkey lodge services and provision of travel management logistics through the Company's online digital marketplace, LodgeLink.

Black Diamond Group (Black Diamond Group) Headlines

From GuruFocus

Black Diamond Reports Second Quarter 2019 Results

By GlobeNewswire GlobeNewswire 08-09-2019

Restructuring the Portfolio Plus Crude Oil Carnage 2.0?

By MV Research mazivalue 07-07-2016

Black Diamond Reports Improved First Quarter 2018 Results

By GlobeNewswire GlobeNewswire 05-04-2018

Black Diamond Group Limited Announces Atlantic Canada Expansion

By GlobeNewswire GlobeNewswire 01-17-2023

Black Diamond Group - A Recovering Pick and Shovel Play

By Praveen Chawla Praveen Chawla 05-28-2021