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Saker Aviation Services (Saker Aviation Services) Gross Property, Plant and Equipment : $3.18 Mil (As of Dec. 2023)


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What is Saker Aviation Services Gross Property, Plant and Equipment?

Saker Aviation Services's quarterly gross PPE increased from Jun. 2023 ($3.15 Mil) to Sep. 2023 ($3.18 Mil) but then stayed the same from Sep. 2023 ($3.18 Mil) to Dec. 2023 ($3.18 Mil).

Saker Aviation Services's annual gross PPE increased from Dec. 2021 ($3.14 Mil) to Dec. 2022 ($3.15 Mil) and increased from Dec. 2022 ($3.15 Mil) to Dec. 2023 ($3.18 Mil).


Saker Aviation Services Gross Property, Plant and Equipment Historical Data

The historical data trend for Saker Aviation Services'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.

Saker Aviation Services Gross Property, Plant and Equipment Chart

Saker Aviation Services 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 4.50 4.45 3.14 3.15 3.18

Saker Aviation Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.15 3.15 3.15 3.18 3.18

Saker Aviation Services 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.


Saker Aviation Services  (OTCPK:SKAS) 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.


Saker Aviation Services Gross Property, Plant and Equipment Related Terms

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Saker Aviation Services (Saker Aviation Services) Business Description

Traded in Other Exchanges
N/A
Address
20 South Street, Pier 6 East River, New York, NY, USA, 10004
Saker Aviation Services Inc operates in aviation services. It serves as the operator of a heliport, a fixed base operation (FBO), a provider of aircraft maintenance, repair and overhaul services, and consultant for non-owned seaplane base. The company focuses on safety, outstanding customer service, and personalized solutions and it offers full-service FBOs provide products and services for commercial airlines, private and business jets, military aircraft, and rotor aircraft. Geographically, business activities are carried out throughout the region of the United States.
Executives
Roy Moskowitz director 20 SOUTH STREET, PIER 6 EAST RIVER, NEW YORK NY 10004
Mark N Raab officer: Acting Principal Fin. Officer C/O TECHSYS INC, 147 COLUMBIA TURNPIKE SUITE 109, FLORHAM PARK NJ 07932
Samuel D. Goldstein director 20 SOUTH STREET, PIER 6 EAST RIVER, NEW YORK NY 10004
Marc Chodock director 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10010
Acm Value Opportunities Fund I Gp, Llc other: See Footnote (2) C/O ARVICE CAPITAL MANAGEMENT, LLC, 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10011
Arvice Capital Management, Llc other: See Footnote (2) 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10011
Acm Value Opportunities Fund I, Lp other: See Footnote (2) C/O ARVICE CAPITAL MANAGEMENT, LLC, 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10011
Ronald J Ricciardi director, officer: President and CEO 100 HANGAR ROAD, WILKES-BARRE/SCRANTON INTERNTL. AIRPORT, AVOCA PA 18641
Jeffrey B Mendell director JBM REALTY, 10 GLENVILLE STREET, GREENWICH CT 06831
Donald Hecht director 111 WEST 40TH ST, NEW YORK NY 10018
Alvin S Trenk director 44 ASPEN DRIVE, LIVINGSTON NJ 07039
William B Wachtel director, 10 percent owner 110 EAST 59TH ST, NEW YORK NY 10022
Gary E Hart officer: COO and Senior VP 236 SING SING ROAD, ELMIRA-CORNING REGIONAL AIRPORT, HORSEHEADS NY 14845
Stephen B Siegel director 200 PARK AVE, NEW YORK NY 10166
Thomas Iovino director C/O JUDLAW CONTRACTING, INC., 26-15 ULMER ST., COLLEGE POINT NY 11354

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