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Via Renewables (Via Renewables) Property, Plant and Equipment : $4.7 Mil (As of Dec. 2023)


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What is Via Renewables Property, Plant and Equipment?

Via Renewables's quarterly net PPE increased from Jun. 2023 ($4.7 Mil) to Sep. 2023 ($4.8 Mil) but then declined from Sep. 2023 ($4.8 Mil) to Dec. 2023 ($4.7 Mil).

Via Renewables's annual net PPE increased from Dec. 2021 ($4.3 Mil) to Dec. 2022 ($4.7 Mil) and increased from Dec. 2022 ($4.7 Mil) to Dec. 2023 ($4.7 Mil).


Via Renewables Property, Plant and Equipment Historical Data

The historical data trend for Via Renewables'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.

Via Renewables Property, Plant and Equipment Chart

Via Renewables 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 3.27 3.35 4.26 4.69 4.71

Via Renewables 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 4.69 4.69 4.72 4.76 4.71

Via Renewables 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.


Via Renewables  (NAS:VIA) 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.


Via Renewables Property, Plant and Equipment Related Terms

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Via Renewables (Via Renewables) Business Description

Traded in Other Exchanges
Address
12140 Wickchester Lane, Suite 100, Houston, TX, USA, 77079
Via Renewables Inc is an independent retail energy services company. It provides residential and commercial customers in competitive markets across the United States with an alternative choice for natural gas and electricity. Via Renewables offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives. Its segments are Retail Electricity and Retail Natural Gas. The key revenue is derived from the Retail Electricity segment in which the company purchase electricity supply through physical and financial transactions with market counterparties and ISOs and supplies electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts.
Executives
Andrew Stephen Kennedy director 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Maxwell W Keith Iii director, 10 percent owner 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Amanda Bush director 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77057
Barbara Clay officer: Acting General Counsel and Sec C/O GOOD COUNSEL SERVICES, LLC, 111 FARMS ROAD, STAMFORD CT 06903
Mike Barajas officer: Chief Financial Officer 12140 WICKCHESTER LN, STE 100, HOUSTON TX 77079
Paul Konikowski officer: Chief Operating Officer 12140 WICKCHESTER LN, STE 100, HOUSTON TX 77079
Jones James G Ii director 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Evans Nick W Jr director 6205 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Kevin M Mcminn officer: Chief Operating Officer 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Nathan Kroeker director, officer: See Remarks 12160 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Gil Melman officer: See Remarks 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Jason K. Garrett officer: Executive Vice President 2105 CITYWEST BLVD., SUITE 100, HOUSTON TX 77042
Robert Lawrence Lane officer: Vice President and CFO 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Kenneth Michael Hartwick director 200 CLARENDON STREET, BOSTON MA 02116
Electric Holdco, Llc 10 percent owner 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079