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BAND (Bandwidth) Gross Property, Plant and Equipment : $424.3 Mil (As of Sep. 2024)


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What is Bandwidth Gross Property, Plant and Equipment?

Bandwidth's quarterly gross PPE increased from Mar. 2024 ($415.8 Mil) to Jun. 2024 ($422.1 Mil) and increased from Jun. 2024 ($422.1 Mil) to Sep. 2024 ($424.3 Mil).

Bandwidth's annual gross PPE increased from Dec. 2021 ($168.2 Mil) to Dec. 2022 ($199.5 Mil) and increased from Dec. 2022 ($199.5 Mil) to Dec. 2023 ($433.6 Mil).


Bandwidth Gross Property, Plant and Equipment Historical Data

The historical data trend for Bandwidth'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.

Bandwidth Gross Property, Plant and Equipment Chart

Bandwidth Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 101.87 126.32 168.20 199.49 433.61

Bandwidth 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 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 425.32 433.61 415.77 422.15 424.35

Bandwidth 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.


Bandwidth  (NAS:BAND) 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.


Bandwidth Gross Property, Plant and Equipment Related Terms

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Bandwidth Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Bandwidth Inc (NAS:BAND) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
Address
2230 Bandmate Way, Raleigh, NC, USA, 27607
Bandwidth Inc is cloud-based communications platform-as-a-service (CPaaS) provider that enables enterprises to create, scale and operate voice or messaging communications services across any mobile application or connected device. Company earns revenue through the sale of communications services offered through Application Programming Interface software solutions to large as well as small and medium-sized business, customers and is generally derived from usage and service fees. Usage revenue includes voice communication (driven by inbound and outbound minutes and toll-free minutes) and messaging communication (driven by the number of messages) that traverse the platform and network. Service fees include the provision and management of phone numbers and emergency services access.
Executives
Daryl Raiford officer: Chief Financial Officer C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Devin M Krupka officer: Controller, PAO C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Richard Brandon Asbill officer: General Counsel C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Kade Ross officer: Chief Information Officer C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
David A. Morken director, 10 percent owner, officer: Chairman & CEO C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Rebecca Bottorff officer: Chief People Officer C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Lukas M. Roush director C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Anthony Bartolo officer: Chief Operating Officer C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Marina C. Carreker officer: President C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Douglas A Suriano director C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Brian D. Bailey director, 10 percent owner C/O CARMICHAEL INVESTMENT PARTNERS LLC, 4725 PIEDMONT ROW DRIVE, SUITE 210, CHARLOTTE NC 28210
Gabriela Gonzalez officer: Sr. VP Finance, Controller 1801 VARSITY DRIVE, RALEIGH NC 27606
John C. Murdock director, 10 percent owner, officer: President C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Jeffrey A. Hoffman officer: Chief Financial Officer C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
W. Christopher Matton officer: General Counsel C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606