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Emerson Radio (Emerson Radio) Property, Plant and Equipment : $0.42 Mil (As of Dec. 2023)


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What is Emerson Radio Property, Plant and Equipment?

Emerson Radio's quarterly net PPE increased from Jun. 2023 ($0.21 Mil) to Sep. 2023 ($0.45 Mil) but then declined from Sep. 2023 ($0.45 Mil) to Dec. 2023 ($0.42 Mil).

Emerson Radio's annual net PPE increased from Mar. 2021 ($0.22 Mil) to Mar. 2022 ($0.41 Mil) but then declined from Mar. 2022 ($0.41 Mil) to Mar. 2023 ($0.20 Mil).


Emerson Radio Property, Plant and Equipment Historical Data

The historical data trend for Emerson Radio'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.

Emerson Radio Property, Plant and Equipment Chart

Emerson Radio Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.45 0.22 0.41 0.20

Emerson Radio 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 0.25 0.20 0.21 0.45 0.42

Emerson Radio 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.


Emerson Radio  (AMEX:MSN) 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.


Emerson Radio Property, Plant and Equipment Related Terms

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


Emerson Radio (Emerson Radio) Business Description

Industry
Traded in Other Exchanges
N/A
Address
959 Route 46 East, Suite 210, Parsippany, NJ, USA, 07054
Emerson Radio Corp operates in the consumer electronics industry. The company designs, sources, imports, and markets a variety of houseware and consumer electronic products, and licenses the Emerson trademark domestically and internationally. Its products are offered to encompass televisions, digital versatile disc players and video cassette recorders, audio accessories, microwave ovens, home theatres, high-end audio products, office products, mobile stereo, and wireless products. geographically, it derives a majority of its revenue from the United States.
Executives
Richard Li officer: Chief Financial Officer C/O EMERSON RADIO CORP., 35 WATERVIEW BLVD., SUITE 140, PARSIPPANY NJ 07054
Omen Charm Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Bingzhao Tan 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Guichai He 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Ocean Rose Global Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Wealth Warrior Global Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Praisewise Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Merchant Link Holdings Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Splendid Brilliance (ptc) Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Aurizon Enterprises Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Rise Vision Global Ltd director, 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Ho Wing On Christopher director 146 ROBINSON ROAD, #01-01, SINGAPORE U0 068909
Kin S Yuen director C/O EMERSON RADIO CORP., 3 UNIVERSITY PLAZA, SUITE 405, HACKENSACK NJ 07601
Accolade (ptc) Inc. 10 percent owner C/O 12TH FLOOR, THE GRANDE BUILDING, 398 KWUN TONG ROAD, KOWLOON K3 NONE
Ho Family Trust 10 percent owner 146 ROBINSON ROAD, #01-01, SINGAPORE U0 068909

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