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Healthcare Trust (Healthcare Trust) Property, Plant and Equipment : $7.7 Mil (As of Dec. 2023)


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What is Healthcare Trust Property, Plant and Equipment?

Healthcare Trust's quarterly net PPE declined from Jun. 2023 ($7.8 Mil) to Sep. 2023 ($7.7 Mil) and declined from Sep. 2023 ($7.7 Mil) to Dec. 2023 ($7.7 Mil).

Healthcare Trust's annual net PPE declined from Dec. 2021 ($7.9 Mil) to Dec. 2022 ($7.8 Mil) and declined from Dec. 2022 ($7.8 Mil) to Dec. 2023 ($7.7 Mil).


Healthcare Trust Property, Plant and Equipment Historical Data

The historical data trend for Healthcare Trust'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.

Healthcare Trust Property, Plant and Equipment Chart

Healthcare Trust Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial 14.35 13.91 7.91 7.81 7.71

Healthcare Trust Quarterly Data
Dec18 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 7.81 7.79 7.76 7.74 7.71

Healthcare Trust 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.


Healthcare Trust  (OTCPK:HLTC) 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.


Healthcare Trust Property, Plant and Equipment Related Terms

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Healthcare Trust (Healthcare Trust) Business Description

Industry
Traded in Other Exchanges
Address
650 Fifth Avenue, 30th Floor, New York, NY, USA, 10019
Healthcare Trust Inc is a Real estate investment trust in the United States. It invests in healthcare real estate, focusing on seniors housing properties and medical office buildings. The company also invests in facilities leased to hospitals, rehabilitation hospitals, long-term acute care centers, surgery centers, inpatient rehabilitation facilities, special medical and diagnostic service providers, laboratories, and research firms among others. It has two segments medical office and other healthcare-related buildings and senior housing operating properties.
Executives
Scott M. Lappetito officer: CFO, Secretary and Treasurer 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Jason F. Doyle officer: CFO, Secretary and Treasurer 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Buddie J Penn director 405 PARK AVENUE, NEW YORK NY 10022
Lee M Elman director 405 PARK AVENUE, NEW YORK NY 10022
Katie P Kurtz officer: CFO, Treasurer and Secretary 405 PARK AVENUE, THIRD FLOOR, NEW YORK NY 10022
Edward G Rendell director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Leslie D Michelson director PRIVATE HEALTH MANAGEMENT, 9200 SUNSET BLVD, SUITE 110, LOS ANGELES CA 90069
Randolph C Read director, other: CHAIRMAN C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
Thomas P Darcy officer: Chief Executive Officer 405 PARK AVENUE, NEW YORK NY 10022
Lange Edward F Jr officer: See Remarks 405 PARK AVENUE, NEW YORK NY 10022
William Todd Jensen officer: See Remarks 405 PARK AVE., 15TH FLOOR, NEW YORK NY 10022
Elizabeth K. Tuppeny director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Robert J Froehlich director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
David Gong director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Nicholas S Schorsch director, officer: See Remarks

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