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Control4 (Control4) Property, Plant and Equipment : $9.5 Mil (As of Mar. 2019)


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What is Control4 Property, Plant and Equipment?

Control4's quarterly net PPE increased from Sep. 2018 ($8.7 Mil) to Dec. 2018 ($9.7 Mil) but then declined from Dec. 2018 ($9.7 Mil) to Mar. 2019 ($9.5 Mil).

Control4's annual net PPE increased from Dec. 2016 ($6.5 Mil) to Dec. 2017 ($7.3 Mil) and increased from Dec. 2017 ($7.3 Mil) to Dec. 2018 ($9.7 Mil).


Control4 Property, Plant and Equipment Historical Data

The historical data trend for Control4'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.

Control4 Property, Plant and Equipment Chart

Control4 Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 5.09 6.58 6.46 7.34 9.66

Control4 Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 7.10 7.87 8.68 9.66 9.54

Control4 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.


Control4  (NAS:CTRL) 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.


Control4 Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Control4's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Control4 (Control4) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11734 South Election Road, Salt Lake City, UT, USA, 84020
Control4 Corp provides solutions and products for the home improvement market. Its products comprise entertainment, smart lighting, comfort and convenience, safety and security and networking. The firm also offers products such as controllers, in-wall touch screens, amplifiers, switches, dimmers, speaker points, locks and receivers.
Executives
David C Habiger director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Mark Edwin Jensen director 6303 SNOWBERRY LANE, NIWOT CO 80503
Jeremy A Jaech director PO BOX 485, MANSON WA 98831
Martin Plaehn director, officer: Chairman, CEO and President P.O. BOX 91123, SEATTLE WA 98111-9223
Michael N Schuh other: Former 10% Owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Charles Moldow other: Former 10% Owner C/O FOUNDATION CAPITAL, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Management Co. Vi, Llc other: Former 10% Owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Vi Principals Fund, Llc other: Former 10% Owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Vi Lp other: Former 10% Owner C/O FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Warren M Weiss other: Former 10% Owner FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Paul R Holland other: Former 10% Owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Paul G Koontz other: Former 10% Owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
William B Elmore other: Former 10% Owner C/O FOUNDATION CAPITAL, 70 WILLOW ROAD STE 103, MENLO PARK CA 94025
Steven Vassallo other: Former 10% Owner and Director C/O FOUNDATION CAPITAL, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Christopher B Paisley director 14870 THREE OAKS COURT, SARATOGA CA 95070

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