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Thryv Holdings (Thryv Holdings) Property, Plant and Equipment : $37.8 Mil (As of Mar. 2024)


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What is Thryv Holdings Property, Plant and Equipment?

Thryv Holdings's quarterly net PPE increased from Sep. 2023 ($38.0 Mil) to Dec. 2023 ($38.6 Mil) but then declined from Dec. 2023 ($38.6 Mil) to Mar. 2024 ($37.8 Mil).

Thryv Holdings's annual net PPE declined from Dec. 2021 ($50.9 Mil) to Dec. 2022 ($42.3 Mil) and declined from Dec. 2022 ($42.3 Mil) to Dec. 2023 ($38.6 Mil).


Thryv Holdings Property, Plant and Equipment Historical Data

The historical data trend for Thryv 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.

Thryv Holdings Property, Plant and Equipment Chart

Thryv Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.51 89.04 50.94 42.33 38.60

Thryv 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 38.12 38.57 37.95 38.60 37.84

Thryv 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.


Thryv Holdings  (NAS:THRY) 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.


Thryv Holdings Property, Plant and Equipment Related Terms

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Thryv Holdings (Thryv Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2200 West Airfield Drive, P.O. Box 619810, DFW Airport, Dallas, TX, USA, 75261
Thryv Holdings Inc provides software as service (SaaS) management tools and digital and print marketing tools to small and mid-sized businesses. The company operates in four reportable segments namely Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. It generates maximum revenue from the Thryv U.S. Marketing Services segment.
Executives
Joe Walsh director, officer: CEO and President C/O CAMBIUM LEARNING GROUP, INC., 17855 N. DALLAS PARKWAY SUITE 400, DALLAS TX 75287
Grant Freeman officer: President 2200 WEST AIRFIELD DRIVE PO BOX 619810, DFW AIRPORT TX 75261
Mudrick Capital Management, L.p. 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Amer Akhtar director C/O THRYV HOLDINGS, INC., 2200 WEST AIRFIELD DRIVE P.O. BOX 619810, DALLAS TX 75261
Ryan Ohara director 6922 HOLLYWOOD BLVD., 12TH FL, LOS ANGELES CA 90028
Bonnie Kintzer director C/O THRYV HOLDINGS, INC., 2200 WEST AIRFIELD DRIVE P.O. BOX 619810, DALLAS TX 75261
Heather Zynczak director C/O THRYV HOLDINGS, INC., 2200 WEST AIRFIELD DRIVE P.O. BOX 619810, DALLAS TX 75261
Goldentree Asset Management Lp 10 percent owner 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
Jason Mudrick director, 10 percent owner C/O MUDRICK CAPITAL MANAGEMENT, L.P., 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Goldentree Asset Management Llc 10 percent owner 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Steven A. Tananbaum 10 percent owner 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Lauren Vaccarello director 2200 WEST AIRFIELD DRIVE, P.O. BOX 619810, DALLAS TX 75261
Verto Direct Opportunity Ii, Lp 10 percent owner C/O MUDRICK CAPITAL MANAGEMENT, L.P., 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Mudrick Distressed Opportunity Fund Global, Lp 10 percent owner 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022