RZLV (Rezolve AI) Gross Property, Plant and Equipment : $0.06 Mil (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Rezolve AI Gross Property, Plant and Equipment?

Rezolve AI's quarterly gross PPE increased from Jun. 2023 ($0.00 Mil) to Dec. 2023 ($0.20 Mil) but then declined from Dec. 2023 ($0.20 Mil) to Jun. 2024 ($0.06 Mil).

Rezolve AI's annual gross PPE stayed the same from Dec. 2021 ($0.28 Mil) to Dec. 2022 ($0.18 Mil) but then increased from Dec. 2022 ($0.18 Mil) to Dec. 2023 ($0.20 Mil).

Rezolve AI Gross Property, Plant and Equipment Historical Data

The historical data trend for Rezolve AI'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.

Rezolve AI Gross Property, Plant and Equipment Chart

Rezolve AI Annual Data

Trend

Dec21

Dec22

Dec23

Gross Property, Plant and Equipment

0.28

0.18

0.20

Rezolve AI Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Gross Property, Plant and Equipment	0.28	0.18	-	0.20	0.06

Rezolve AI 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.

Rezolve AI (NAS:RZLV) 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.

Rezolve AI Gross Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Rezolve AI's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.

Rezolve AI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rezolve AI Ltd (NAS:RZLV) » Definitions » Gross Property, Plant and Equipment

Comparable Companies

Traded in Other Exchanges

O5F:Germany

Address

80 New Bond Street, 3rd Floor, London, GBR, W1S 1SB

Website

https://www.rezolve.com

Rezolve AI Ltd provides a mobile commerce and engagement platform, underpinned by machine learning, that enables retailers, brands and manufacturers to engage with consumers in a broad range of locations and settings via their mobile devices and personal computers. its platform allows for mobile engagement with merchants using its software to extend their business to consumers' mobile devices and computers in different ways.