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Ambac Financial Group (Ambac Financial Group) Gross Property, Plant and Equipment : $0.0 Mil (As of Dec. 2023)


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What is Ambac Financial Group Gross Property, Plant and Equipment?


Ambac Financial Group Gross Property, Plant and Equipment Historical Data

The historical data trend for Ambac Financial 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.

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Ambac Financial Group Gross Property, Plant and Equipment Chart

Ambac Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
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Ambac Financial Group Quarterly Data
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Ambac Financial 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.


Ambac Financial Group  (NYSE:AMBC) 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.


Ambac Financial Group Gross Property, Plant and Equipment Related Terms

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Ambac Financial Group (Ambac Financial Group) Business Description

Traded in Other Exchanges
Address
One World Trade Center, New York, NY, USA, 10007
Ambac Financial Group Incis a financial services holding company. The business operations of the company include Legacy Financial Guarantee Insurance, Specialty Property and Casualty Insurance and Insurance Distribution. The Company has three reportable segments namely Legacy Financial Guarantee Insurance, Specialty Property and Casualty Insurance and Insurance Distribution. Majority of revenues are earned from Legacy Financial Guarantee Insurance segment.
Executives
Claude Leblanc director, officer: Chief Executive Officer ONE BERMUDIANA ROAD, HAMILTON D0 HM 11
Kristi Ann Matus director C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Michael D Price director 67 ORCHARD DRIVE, NEW CANAAN CT 06840
C James Prieur director
Lisa G Iglesias director 1 FOUNTAIN SQUARE, LAW DEPT. 7S730, CHATTANOOGA TN 37402
David Trick officer: Sr. MD., CFO & Treasurer AMBAC FINANCIAL GROUP, INC., ONE STATE STREET PLAZA, NEW YORK NY 10004
Daniel Mcginnis officer: Sr. MD & COO C/O AMBAC FINANCIAL GROUP, INC., ONE WORLD TRADE CENTER, 41ST FLOOR, NEW YORK NY 10007
R Sharon Smith officer: Senior Managing Director ONE STATE STREET PLAZA, NEW YORK NY 10004
Robert Bryan Eisman officer: Sr. MD & CAO AMBAC FINANCIAL GROUP INC., ONE STATE STREET PLAZA, NEW YORK NY 10004
Jeffrey Scott Stein director 601 TRAVIS, SUITE 1400, HOUSTON TX 77002
Stephen Michael Ksenak officer: Sr. MD & General Counsel AMBAC FINANCIAL GROUP, INC., ONE STATE STREET PLAZA, NEW YORK NY 10004
Joan M Lammtennant director 40 WANTAGE AVE, BRANCHVILLE NJ 07890
David Barranco officer: Senior Managing Director C/O AMBAC FINANCIAL GROUP INC, ONE STATE STREET PLAZA, NEW YORK NY 10004
Tavakoli Nader director 551 FIFTH AVE 334TH FL, NEW YORK NY 10176
Alexander David Greene director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956

Ambac Financial Group (Ambac Financial Group) Headlines

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