ATEC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
ATEC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Alphatec Holdings's quarterly gross PPE increased from Mar. 2024 ($334.6 Mil) to Jun. 2024 ($372.8 Mil) and increased from Jun. 2024 ($372.8 Mil) to Sep. 2024 ($378.8 Mil).
Alphatec Holdings's annual gross PPE increased from Dec. 2021 ($185.4 Mil) to Dec. 2022 ($224.6 Mil) and increased from Dec. 2022 ($224.6 Mil) to Dec. 2023 ($303.1 Mil).
The historical data trend for Alphatec Holdings'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.
Alphatec Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Gross Property, Plant and Equipment | Get a 7-Day Free Trial | 73.55 | 94.49 | 185.41 | 224.61 | 303.12 |
Alphatec Holdings Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Gross Property, Plant and Equipment | Get a 7-Day Free Trial | 280.27 | 303.12 | 334.60 | 372.79 | 378.80 |
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:
Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:
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.
Alphatec Holdings (NAS:ATEC) 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.
Thank you for viewing the detailed overview of Alphatec Holdings's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.
Patrick Miles | director, officer: Executive Chairman | 7475 LUSK BLVD., SAN DIEGO CA 92121 |
Evan Bakst | director | 225 CENTRAL PARK WEST, APT. 1605, NEW YORK NY 10024 |
David R Pelizzon | director, 10 percent owner | 2850 FRONTIER DR, WARSAW IN 46582 |
David M Demski | director | C/O GLOBUS MEDICAL, INC., 2560 GENERAL ARMISTEAD AVENUE, AUDUBON PA 19403 |
Tyson Eliot Marshall | officer: GENERAL COUNSEL & CORP. SEC. | 10680 TREENA STREET, SUITE 500, SAN DIEGO CA 92131 |
John Todd Koning | officer: Chief Financial Officer | C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618 |
Quentin S. Blackford | director | 7475 LUSK BLVD., SAN DIEGO CA 92121 |
David Sponsel | officer: EVP, Sales | C/O ALPHATEC SPINE, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008 |
Scott Lish | officer: SVP, Development | C/O ALPHATEC SPINE, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008 |
Craig E Hunsaker | officer: See Remarks | C/O ALPHATEC HOLDINGS, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008 |
Tullis James L L | director, 10 percent owner | 100 FIRST STAMFORD PLACE, STAMFORD CT 06907 |
David H Mowry | director | 9775 TOLEDO, IRVINE CA 92618 |
Jennifer N. Pritzker | 10 percent owner | C/O SQUADRON CAPITAL LLC, 104 S. MICHIGAN AVENUE, SUITE 500, CHICAGO IL 60603 |
Elizabeth Ann Altman | director | 10070 BARNES CANYON ROAD, SAN DIEGO CA 92121 |
Paul Segal | 10 percent owner | 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019 |
From GuruFocus
By GuruFocus Research • 03-09-2024
By GuruFocus Research • 08-22-2024
By GuruFocus Research • 04-26-2024
By GuruFocus Research • 05-07-2024
By Business Wire • 07-24-2024
By Business Wire • 07-31-2024
By Business Wire • 07-29-2024
By GuruFocus News • 10-31-2024
By Business Wire • 10-07-2024
By GuruFocus Research • 08-01-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.