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Liquidmetal Technologies's quarterly gross PPE stayed the same from Mar. 2024 ($11.24 Mil) to Jun. 2024 ($11.24 Mil) and stayed the same from Jun. 2024 ($11.24 Mil) to Sep. 2024 ($11.24 Mil).
Liquidmetal Technologies's annual gross PPE stayed the same from Dec. 2021 ($11.24 Mil) to Dec. 2022 ($11.24 Mil) but then declined from Dec. 2022 ($11.24 Mil) to Dec. 2023 ($7.67 Mil).
The historical data trend for Liquidmetal Technologies'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.
Liquidmetal Technologies Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Gross Property, Plant and Equipment | Get a 7-Day Free Trial | 11.31 | 11.24 | 11.24 | 11.24 | 7.67 |
Liquidmetal Technologies 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 | 11.24 | 7.67 | 11.24 | 11.24 | 11.24 |
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.
Liquidmetal Technologies (OTCPK:LQMT) 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 Liquidmetal Technologies's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.
Lugee Li Yeung Tak | director, 10 percent owner | 8 FLEMING ROAD, ROOM 906, TAI TUNG BUILDING, WANCHAI K3 999077 |
Liquidmetal Technology Ltd | 10 percent owner | 8 FLEMING ROAD, ROOM 906, TAI TUNG BUILDING, WANCHAI K3 999077 |
Tony Chung | officer: Vice President of Finance | 25800 COMMERCENTRE DRIVE, SUITE 100, LAKE FOREST CA 92630 |
Bryce Van | officer: Vice President of Finance | LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688 |
Paul A Hauck | officer: VP-Worldwide Sales & Marketing | 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688 |
Isaac Bresnick | director | C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688 |
Vincent Carrubba | director | C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688 |
Walter Eugen Weyler | director | C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688 |
Norden, Llc | 10 percent owner | 5641 NORTH BROADWAY, DENVER CO 80216 |
Thomas W Steipp | director, officer: President and CEO | |
Mark S Hansen | director | 4551 W 107TH STREET, SUITE 100, OVERLAND PARK KS 66207 |
Richard W Sevcik | director | C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688 |
Bruce Bromage | officer: EVP-Business Development | C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688 |
Robert Howard Anderson | director | |
Barney D Visser | 10 percent owner |
From GuruFocus
By GuruFocus Research • 02-14-2024
By GuruFocus Research • 02-14-2024
By GuruFocus Research • 02-14-2024
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