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NCS Multistage Holdings (NCS Multistage Holdings) Property, Plant and Equipment : $27.6 Mil (As of Mar. 2024)


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What is NCS Multistage Holdings Property, Plant and Equipment?

NCS Multistage Holdings's quarterly net PPE declined from Sep. 2023 ($29.5 Mil) to Dec. 2023 ($28.2 Mil) and declined from Dec. 2023 ($28.2 Mil) to Mar. 2024 ($27.6 Mil).

NCS Multistage Holdings's annual net PPE declined from Dec. 2021 ($29.5 Mil) to Dec. 2022 ($27.8 Mil) but then increased from Dec. 2022 ($27.8 Mil) to Dec. 2023 ($28.2 Mil).


NCS Multistage Holdings Property, Plant and Equipment Historical Data

The historical data trend for NCS Multistage Holdings'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.

NCS Multistage Holdings Property, Plant and Equipment Chart

NCS Multistage Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 38.05 29.61 29.52 27.83 28.18

NCS Multistage Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 27.93 29.66 29.53 28.18 27.60

NCS Multistage Holdings 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.


NCS Multistage Holdings  (NAS:NCSM) 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.


NCS Multistage Holdings Property, Plant and Equipment Related Terms

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NCS Multistage Holdings (NCS Multistage Holdings) Business Description

Traded in Other Exchanges
N/A
Address
19350 State Highway 249, Suite 600, Houston, TX, USA, 77070
NCS Multistage Holdings Inc provides products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies. NCS provides its products and services primarily to exploration and production companies for use in onshore wells, predominantly wells that have been drilled with horizontal laterals in unconventional oil and natural gas formations. The company's primary offering is its fracturing systems products and services, which enable efficient pinpoint stimulation: the process of individually stimulating each entry point into a formation targeted by an oil or natural gas well. Geographically, majority of revenue is generated from United States.
Executives
Dewayne Williams officer: VP, Controller 1800 WEST LOOP SOUTH, SUITE 1500, HOUSTON TX 77027
Marty Stromquist director, officer: President and Director C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
Michael L Morrison officer: Chief Financial Officer 4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77042
Robert Nipper director, officer: CEO and Director C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
Ori Lev officer: Executive VP, GC and Secretary 3817 BROWNING STREET, HOUSTON TX 77005
Lori A Cole officer: Vice President, Finance 2010 MASON STREET, HOUSTON TX 77006
Ryan Hummer officer: Chief Financial Officer C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Valerie A Mitchell director 4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Kevin Trautner officer: Executive VP, GC and Secretary C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
James Gambrell King officer: Chief Strategy Officer 3402 SYCAMORE SHADOWS, KINGWOOD TX 77339
John D Deane director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Michael Mcshane director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Wade Bitter officer: CAO and Treasurer C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY, SUITE 200, HOUSTON TX 77070
Tim Willems officer: Chief Operations Officer C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070