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RPAY (Repay Holdings) Gross Property, Plant and Equipment : $14.3 Mil (As of Sep. 2024)


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What is Repay Holdings Gross Property, Plant and Equipment?

Repay Holdings's quarterly gross PPE declined from Mar. 2024 ($8.6 Mil) to Jun. 2024 ($8.6 Mil) but then increased from Jun. 2024 ($8.6 Mil) to Sep. 2024 ($14.3 Mil).

Repay Holdings's annual gross PPE increased from Dec. 2021 ($17.1 Mil) to Dec. 2022 ($19.4 Mil) but then declined from Dec. 2022 ($19.4 Mil) to Dec. 2023 ($18.4 Mil).


Repay Holdings Gross Property, Plant and Equipment Historical Data

The historical data trend for Repay Holdings'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.

Repay Holdings Gross Property, Plant and Equipment Chart

Repay Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 2.03 13.26 17.10 19.41 18.40

Repay Holdings 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 12.52 18.40 8.58 8.57 14.28

Repay Holdings 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.


Repay Holdings  (NAS:RPAY) 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.


Repay Holdings Gross Property, Plant and Equipment Related Terms

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Repay Holdings Business Description

Industry
Traded in Other Exchanges
Address
3 West Paces Ferry Road, Suite 200, Atlanta, GA, USA, 30305
Repay Holdings Corp is engaged in providing integrated payment processing solutions to verticals that have transaction processing needs. It allows customers to pay through Mobile App, Text, Interactive Voice Response, Virtual Terminal, Hosted Payment Page and Online Customer Portal among others. It operates in two segment, Consumer Payment and Business Payments.
Executives
Jacob Hamilton Moore officer: Executive Vice President 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Timothy John Murphy officer: Chief Financial Officer 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Thomas Eugene Sullivan officer: VP, Controller 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Robert Herman Hartheimer director 3232 RITTENHOUSE STREET NW, WASHINGTON DC 20015
Tyler B Dempsey officer: General Counsel 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Naomi Barnett officer: Executive Vice President 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Shaler Alias director, officer: President 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Michael Frank Jackson officer: Chief Operating Officer 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Peter J Kight director 4411 EAST JONES BRIDGE ROAD, NORCROSS GA 30092
Morris John Andrew Sr. director, officer: Chief Executive Officer 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Richard E Thornburgh director 401 N. MAIN STREET, WINSTON-SALEM NC 27101
David M Guthrie officer: Chief Technology Officer 3280 PEACHTREE RD NW, SUITE 1000, ATLANTA GA 30305
Emnet Legesse Rios director 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Beckham Aggregator, L.p. 10 percent owner FOUR EMBARCADERO CENTER, SUITE 3610, SAN FRANCISCO CA 94111
Jason Kirk officer: Chief Technology Officer 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305