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SunLink Health Systems (SunLink Health Systems) Property, Plant and Equipment : $3.57 Mil (As of Dec. 2023)


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What is SunLink Health Systems Property, Plant and Equipment?

SunLink Health Systems's quarterly net PPE declined from Jun. 2023 ($9.33 Mil) to Sep. 2023 ($3.62 Mil) and declined from Sep. 2023 ($3.62 Mil) to Dec. 2023 ($3.57 Mil).

SunLink Health Systems's annual net PPE increased from Jun. 2021 ($7.81 Mil) to Jun. 2022 ($9.40 Mil) but then declined from Jun. 2022 ($9.40 Mil) to Jun. 2023 ($9.33 Mil).


SunLink Health Systems Property, Plant and Equipment Historical Data

The historical data trend for SunLink Health 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.

* Premium members only.

SunLink Health Systems Property, Plant and Equipment Chart

SunLink Health Systems Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.24 6.29 7.81 9.40 9.33

SunLink Health Systems 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 9.46 9.34 9.33 3.62 3.57

SunLink Health 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.


SunLink Health Systems  (AMEX:SSY) 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.


SunLink Health Systems Property, Plant and Equipment Related Terms

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SunLink Health Systems (SunLink Health Systems) Business Description

Traded in Other Exchanges
N/A
Address
900 Circle 75 Parkway, Suite 690, Atlanta, GA, USA, 30339
SunLink Health Systems Inc is engaged in providing retail pharmacy services. The company operates its business through segments namely the Healthcare Services segment and Pharmacy segment. The Healthcare Services segment includes subsidiaries that own and operates nearly 80-licensed-bed, acute care hospitals, which includes more than 18-bed geriatric psychology unit, and over 60-bed nursing home; own medical buildings, which are leased to unaffiliated healthcare providers, and adjacent vacant land; and provides information technology to outside customers. The Pharmacy segment, which is the key revenue generator is composed of retail pharmacy products and services that are conducted in rural markets; institutional pharmacy services; pharmacy services; and durable medical equipment.
Executives
Howard E Turner director 135 PROVIDENCE OAKS POINTE, MILTON GA 30004
Thornton Robert M Jr director, officer: CEO & Chairman 900 CIRCLE 75 PARKWAY, SUITE 690, ATLANTA GA 30339
C Michael Ford director 310 NORRIS STREET, ST. MARYS GA 31558
Mills Christopher H B director 6 STRATTON STREET, MAYFAIR, LONDON X0 W1J 8LD
Steven J Baileys director 30691 HUNT CLUB DRIVE, SAN JUAN CAPISTRANO CA 92675
Sheila G. Brockman officer: CEO So Health Corp of Houston 900 CIRCLE 75 PARKWAY, SUITE 690, ATLANTA GA 30339
Mark J Stockslager officer: Corporate Controller and PAO 900 CIRCLE 75 PARKWAY STE. 690, ATLANTA GA 30339
Karen B Brenner director P.O. BOX 9109, NEWPORT BEACH CA 92658
Gene E Burleson director 320 ARGONNE DR, ATLANTA GA 30305-2814
A Ronald Turner officer: Chief Operating Officer 900 CIRCLE 75 PARKWAY, SUITE 1120, ATLANTA GA 30339
Harry R Alvis officer: Chief Operating Officer 900 CIRCLE 75 PARKWAY STE. 1120, ATLANTA GA 30339
George D. Shaunnessy other: Pres/CEO Sunlink Homecare Svcs 900 CIRCLE 75 PARKWAY, SUITE 1120, ATLANTA GA 30339
Jack M. Spurr officer: VP, Hospital Financial Ops. 900 CIRCLE 75 PARKWAY, SUITE 1120, ATLANTA GA 30339
Michael William Hall director 3406 RAVENWOOD LANE, MIRAMAR BEACH FL 32550
North Atlantic Value Llp 10 percent owner RYDER COURT, 14 RYDER ST., LONDON A1 00000