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CCBG (Capital City Bank Group) Gross Property, Plant and Equipment : $81.9 Mil (As of Sep. 2024)


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What is Capital City Bank Group Gross Property, Plant and Equipment?

Capital City Bank Group's quarterly gross PPE declined from Mar. 2024 ($81.5 Mil) to Jun. 2024 ($81.4 Mil) but then increased from Jun. 2024 ($81.4 Mil) to Sep. 2024 ($81.9 Mil).

Capital City Bank Group's annual gross PPE increased from Dec. 2021 ($191.1 Mil) to Dec. 2022 ($192.3 Mil) and increased from Dec. 2022 ($192.3 Mil) to Dec. 2023 ($193.9 Mil).


Capital City Bank Group Gross Property, Plant and Equipment Historical Data

The historical data trend for Capital City Bank Group'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.

Capital City Bank Group Gross Property, Plant and Equipment Chart

Capital City Bank Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 182.18 193.97 191.09 192.32 193.92

Capital City Bank Group 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 81.68 193.92 81.45 81.41 81.88

Capital City Bank Group 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.


Capital City Bank Group  (NAS:CCBG) 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.


Capital City Bank Group Gross Property, Plant and Equipment Related Terms

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Capital City Bank Group Business Description

Industry
Traded in Other Exchanges
Address
217 North Monroe Street, Tallahassee, FL, USA, 32301
Capital City Bank Group Inc is a United States-based group engaged in Banking services, Trust and asset management services, and Brokerage services. The company offers retail and commercial banking business in the form of traditional deposit and credit services, asset management, trust, mortgage banking, merchant services, bank cards, data processing, and securities brokerage services among others through its banking offices in Florida, Georgia, and Alabama.
Executives
Thomas A Barron director, officer: Treasurer PO BOX 900, TALLAHASSEE FL 32302
Criser Marshall M Iii director 217 NORTH MONROE STREET, TALLAHASSEE FL 32301
Laura L Johnson director 217 NORTH MONROE STREET, TALLAHASSEE FL 32301
Bonnie Davenport director 217 MONROE STREET, TALLAHASSEE FL 32301
Jep Larkin officer: EVP & CFO 217 N MONROE STREET, TALLAHASSEE FL 32301
William F Butler director 217 N. MONROE STREET, TALLAHASSEE FL 32301
Kimberly Crowell director 217 N MONROE STREET, TALLAHASSEE FL 32301
Ashbel C Williams director 217 N. MONROE STREET, TALLAHASSEE FL 32301
Allan G Bense director 1405 W BEACH DRIVE, PANAMA CITY FL 32401
William E Grant director 217 NORTH MONROE STREET, TALLAHASSEE FL 32301
Stan W Connally director 241 RALPH MCGILL BLVD., ATLANTA GA 30308
Sample John G Jr director
Robert Antoine director 8234 ASHWORTH COURT, JACKSONVILLE FL 32256
E Drew Mitchell 10 percent owner 1110 CONSERVANCY DRIVE, TALLAHASSEE FL 32312
Douglas Williams Smith 10 percent owner 3042 HAWKS GLEN, TALLAHASSEE FL 32312