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The historical data trend for Blackrock NY Municipalome Tr'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.
Blackrock NY Municipalome Tr Annual Data | |||||||||||||||||
Trend | Jul17 | Jul18 | Jul19 | Jul20 | Jul21 | Jul22 | Jul23 | Jul24 | |||||||||
Gross Property, Plant and Equipment | Get a 7-Day Free Trial | - | - | - | - | - |
Blackrock NY Municipalome Tr Semi-Annual Data | ||||||||||||||
Jul17 | Jan18 | Jul18 | Jan19 | Jul19 | Jan20 | Jul20 | Jul21 | Jan22 | Jul22 | Jan23 | Jul23 | Jan24 | Jul24 | |
Gross Property, Plant and Equipment | Get a 7-Day Free Trial | - | - | - | - | - |
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.
Blackrock NY Municipalome Tr (NYSE:BNY) 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 Blackrock NY Municipalome Tr's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.
Arthur Philip Steinmetz | director | 50 HUDSON YARDS, NEW YORK NY 10001 |
Aaron David Wasserman | officer: Chief Compliance Officer | 50 HUDSON YARDS, NEW YORK NY 10001 |
Kristi Manidis Santiago | other: Portfolio Manager | 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540 |
Phillip Soccio | other: Portfolio Manager | 100 BELLEVUE PARKWAY, WILMINGTON DE 19809 |
Kevin Maloney | other: Portfolio Manager | 55 EAST 52ND STREET, NEW YORK NY 10055 |
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Christian Romaglino | other: Portfolio Manager | 55 EAST 52ND STREET, NEW YORK NY 10055 |
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Stayce D. Harris | director | 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008 |
Wells Fargo Bank N A | 10 percent owner | 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104 |
Robert Glenn Hubbard | director | 100 BELLEVUE PARKWAY, WILMINGTON DE 19809 |
Richard Cavanagh | director | 100 BELLEVUE PARKWAY, WILMINGTON DE 19809 |
Michael J Castellano | director | C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020 |
Banc Of America Preferred Funding Corp | 10 percent owner | 214 NORTH TRYON STREET, CHARLOTTE NC 28255 |
From GuruFocus
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