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Nuvera Communications (Nuvera Communications) Property, Plant and Equipment : $156.90 Mil (As of Dec. 2023)


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What is Nuvera Communications Property, Plant and Equipment?

Nuvera Communications's quarterly net PPE increased from Jun. 2023 ($125.43 Mil) to Sep. 2023 ($140.97 Mil) and increased from Sep. 2023 ($140.97 Mil) to Dec. 2023 ($156.90 Mil).

Nuvera Communications's annual net PPE increased from Dec. 2021 ($82.30 Mil) to Dec. 2022 ($107.53 Mil) and increased from Dec. 2022 ($107.53 Mil) to Dec. 2023 ($156.90 Mil).


Nuvera Communications Property, Plant and Equipment Historical Data

The historical data trend for Nuvera Communications'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.

Nuvera Communications Property, Plant and Equipment Chart

Nuvera Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.62 71.69 82.30 107.53 156.90

Nuvera Communications 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 107.53 112.05 125.43 140.97 156.90

Nuvera Communications 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.


Nuvera Communications  (OTCPK:NUVR) 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.


Nuvera Communications Property, Plant and Equipment Related Terms

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Nuvera Communications (Nuvera Communications) Business Description

Traded in Other Exchanges
N/A
Address
27 North Minnesota Street, New Ulm, MN, USA, 56073
Nuvera Communications Inc is a communications company. It provides Internet, digital TV, voice, and managed services such as web hosting and design, online file storage and others. It generates its revenue in the form of local services, network access, video, data, A-CAM/FUSF, and others. The company operates in the Communications Segment. The Communications Segment consists of voice, data and video communication services delivered to the customer over fiber communications network.
Executives
Glenn Zerbe officer: CEO/President 27 NORTH MINNESOTA STREET, NEW ULM MN 56073
Craig Steven Anderson officer: Chief Business Development Off P.O. BOX 697, NEW ULM MN 56073
James J Seifert director C/O BEMIS CO INC, 222 S. 9TH ST. #2300, MINNEAPOLIS MN 55402
Skillings Colleen R. director 36 WOODLAND DRIVE, NEW ULM MN 56073
Duane Lambrecht director
Wesley E Schultz director PO BOX 2000, 3905 DAKOTA STREET SW, ALEXANDRIA MN 56308
Suzanne M. Spellacy director 108 ALEXANDER COURT, MANKATO MN 56001
Barbara A Bornhoft officer: Vice President
Perry Meyer director RR 3 BOX 130, NEW ULM MN 56073
James P Jensen director
Curtis O. Kawlewski officer: CFO 3710 REED ROAD, ST, BONIFACIUS MN 55375
Dennis Miller director 18930 JASMINE ROAD, MANKATO MN 56001
Bill D Otis officer: CEO/President
Patricia L Matthews officer: Assistant Secretary
Mary Ellen Domeier director

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