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Communications Systems (Communications Systems) Property, Plant and Equipment : $0.30 Mil (As of Dec. 2021)


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What is Communications Systems Property, Plant and Equipment?

Communications Systems's quarterly net PPE declined from Jun. 2021 ($7.27 Mil) to Sep. 2021 ($5.99 Mil) and declined from Sep. 2021 ($5.99 Mil) to Dec. 2021 ($0.30 Mil).

Communications Systems's annual net PPE declined from Dec. 2019 ($8.61 Mil) to Dec. 2020 ($0.59 Mil) and declined from Dec. 2020 ($0.59 Mil) to Dec. 2021 ($0.30 Mil).


Communications Systems Property, Plant and Equipment Historical Data

The historical data trend for Communications Systems'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.

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Communications Systems Property, Plant and Equipment Chart

Communications Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.63 8.85 8.61 0.59 0.30

Communications Systems Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 0.59 7.45 7.27 5.99 0.30

Communications Systems 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.


Communications Systems  (NAS:JCS) 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.


Communications Systems Property, Plant and Equipment Related Terms

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Communications Systems (Communications Systems) Business Description

Traded in Other Exchanges
N/A
Address
10900 Red Circle Drive, Minnetonka, MN, USA, 55343
Communications Systems Inc is a telecommunications firm. Its Electronics & Software segment manufactures and sells solutions that provide actionable intelligence, power and connectivity at the edge of networks through PoE products, software and services as well as traditional products and designs, develops, and sells edge network access products, TDM over IP and other circuit emulation solutions; and Services and Support segment provides technology solutions including virtualization, managed services, wired and wireless network design and implementation, and hybrid cloud infrastructure and deployment and designs, develops, and sells SD-WAN solutions. It operates in North America; Europe, the Middle East, Africa and the Rest of world.
Executives
Northern Pacific Growth Investment Advisors, Llc 10 percent owner 315 EAST LAKE STREET, SUITE 301, WAYZATA MN 55391
Marilyn S. Adler director 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Tom Holland director 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Kyle Udseth director, officer: CHIEF EXECUTIVE OFFICER NORTHERN PACIFIC GROUP, 315 EAST LAKE STREET, SUITE 301, WAYZATA MN 55391
Scott Honour director 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Mike Siegler officer: Senior Vice President 10900 RED CIRCLE DR., MINNETONKA MN 55343
Anita Kumar director, officer: President/CEO 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Michael R. Zapata director 2765 NW NICOLAI STREET, PORTLAND OR 97210
Mark Fandrich officer: CFO 17400 6TH AVE. N., PLYMOUTH MN 55447
Kristin Hlavka other: Controller 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Scott Fluegge officer: VP 12946 66TH ST N, WEST PALM BEACH FL 33412
Roger Hd Lacey director 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Steven Webster director 4901 ARDEN AVE., EDINA MN 55424
Richard A Primuth director
Curtis A Sampson director, 10 percent owner, officer: CEO PO BOX 777, S MAIN ST, HECTOR MN 55342