GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ASP Isotopes Inc (NAS:ASPI) » Definitions » Gross Property, Plant and Equipment

ASP Isotopes (ASP Isotopes) Gross Property, Plant and Equipment : $15.98 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is ASP Isotopes Gross Property, Plant and Equipment?

ASP Isotopes's quarterly gross PPE increased from Sep. 2023 ($8.97 Mil) to Dec. 2023 ($12.01 Mil) and increased from Dec. 2023 ($12.01 Mil) to Mar. 2024 ($15.98 Mil).

ASP Isotopes's annual gross PPE increased from Dec. 2021 ($3.92 Mil) to Dec. 2022 ($9.05 Mil) and increased from Dec. 2022 ($9.05 Mil) to Dec. 2023 ($12.01 Mil).


ASP Isotopes Gross Property, Plant and Equipment Historical Data

The historical data trend for ASP Isotopes's Gross 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.

ASP Isotopes Gross Property, Plant and Equipment Chart

ASP Isotopes Annual Data
Trend Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
3.92 9.05 12.01

ASP Isotopes Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.70 8.38 8.97 12.01 15.98

ASP Isotopes Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed 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.


ASP Isotopes  (NAS:ASPI) Gross 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.


ASP Isotopes Gross Property, Plant and Equipment Related Terms

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


ASP Isotopes (ASP Isotopes) Business Description

Industry
Traded in Other Exchanges
N/A
Address
433 Plaza Real, Suite 275, Boca Raton, FL, USA, 33432
ASP Isotopes Inc is a pre-commercial stage advanced materials company dedicated to the development of technology and processes that, if successful, will allow for the production of isotopes that may be used in several industries. The company utilizes technology developed in South Africa over the past 20 years to enrich isotopes of elements or molecules with low atomic masses.
Executives
Todd Wider director 4848 LEMMON AVENUE, SUITE 517, DALLAS TX 75219
Duncan Moore director C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Joshua Jay Donfeld director C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 90210
Ak Jensen Investment Management Ltd 10 percent owner 1 CORNHILL, LONDON X0 EC3V 3ND
Sergey Vasnetsov director C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Paul Elliot Mann director, 10 percent owner, officer: Chief Executive Officer C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Einar Ronander 10 percent owner, other: Chief Scientific Adviser C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Robert Ainscow officer: Chief Financial Officer C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Hendrik Strydom director, 10 percent owner C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432