GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pioneer Power Solutions Inc (NAS:PPSI) » Definitions » Property, Plant and Equipment

Pioneer Power Solutions (Pioneer Power Solutions) Property, Plant and Equipment : $5.17 Mil (As of Sep. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Pioneer Power Solutions Property, Plant and Equipment?

Pioneer Power Solutions's quarterly net PPE increased from Mar. 2023 ($3.80 Mil) to Jun. 2023 ($4.02 Mil) and increased from Jun. 2023 ($4.02 Mil) to Sep. 2023 ($5.17 Mil).

Pioneer Power Solutions's annual net PPE increased from Dec. 2020 ($1.94 Mil) to Dec. 2021 ($2.75 Mil) and increased from Dec. 2021 ($2.75 Mil) to Dec. 2022 ($3.98 Mil).


Pioneer Power Solutions Property, Plant and Equipment Historical Data

The historical data trend for Pioneer Power Solutions'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.

Pioneer Power Solutions Property, Plant and Equipment Chart

Pioneer Power Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 2.45 1.94 2.75 3.98

Pioneer Power Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2.91 3.98 3.80 4.02 5.17

Pioneer Power Solutions 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.


Pioneer Power Solutions  (NAS:PPSI) 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.


Pioneer Power Solutions Property, Plant and Equipment Related Terms

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


Pioneer Power Solutions (Pioneer Power Solutions) Business Description

Traded in Other Exchanges
N/A
Address
400 Kelby Street, 12th Floor, One Parker Plaza, Fort Lee, NJ, USA, 07024
Pioneer Power Solutions Inc manufactures, sells, and services a broad range of specialty electrical transmission, distribution, and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. Its principal products and services include custom-engineered electrical transformers, switchgear and engine-generator sets and controls, complemented by a national field-service network to maintain and repair power generation assets. Pioneer Power works in two reportable segments: Transmission and Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power). Pioneer generates most of its revenue from the United States of America.
Executives
Nathan Mazurek 10 percent owner, officer: President, CEO, Chairman C/O PIONEER POWER SOLUTIONS, INC., 400 KELBY STREET 9TH FLOOR, FORT LEE NJ 07024
Kytchener Stevenson Whyte director 400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
Wojciech Michalec officer: Interim CFO 400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
A. Lawrence Carroll Trust 10 percent owner 415 L'AMBIANCE DRIVE, APT. 804, LONGBOAT KEY FL 34228
David Tesler director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Jonathan Tulkoff director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Thomas Klink director, officer: See Remarks 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Andrew Minkow director, officer: CFO, Secretary and Treasurer 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Ian Ross director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Yossi Cohn director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
David J. Landes director, 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Pioneer Partners, L.p. 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Canada Corp. 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024