GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sypris Solutions Inc (NAS:SYPR) » Definitions » Gross Property, Plant and Equipment

Sypris Solutions (Sypris Solutions) Gross Property, Plant and Equipment : $87.3 Mil (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Sypris Solutions Gross Property, Plant and Equipment?

Sypris Solutions's quarterly gross PPE declined from Jun. 2023 ($86.8 Mil) to Sep. 2023 ($85.6 Mil) but then increased from Sep. 2023 ($85.6 Mil) to Dec. 2023 ($87.3 Mil).

Sypris Solutions's annual gross PPE increased from Dec. 2021 ($75.0 Mil) to Dec. 2022 ($80.4 Mil) and increased from Dec. 2022 ($80.4 Mil) to Dec. 2023 ($87.3 Mil).


Sypris Solutions Gross Property, Plant and Equipment Historical Data

The historical data trend for Sypris Solutions'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.

Sypris Solutions Gross Property, Plant and Equipment Chart

Sypris Solutions 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 71.06 70.12 74.95 80.42 87.31

Sypris Solutions 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 80.42 84.11 86.82 85.62 87.31

Sypris Solutions 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.


Sypris Solutions  (NAS:SYPR) 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.


Sypris Solutions Gross Property, Plant and Equipment Related Terms

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


Sypris Solutions (Sypris Solutions) Business Description

Traded in Other Exchanges
N/A
Address
101 Bullitt Lane, Suite 450, Louisville, KY, USA, 40222
Sypris Solutions Inc is a us based company engaged in providing outsourced services and specialty products. It offers a range of manufacturing, engineering, design and other technical services. Business activity of the firm is functioned through Sypris Technologies and Sypris Electronics segments. Sypris Technologies segment is engaged in the sale of goods and manufacturing services to customers in the market for truck components and assemblies and from the sale of products to the energy and chemical markets whereas the Sypris Electronics segment is engaged in the sale of manufacturing services, technical services, and products to customers in the market for aerospace and defense electronics. Sypris derives most of the revenue from Technologies segment.
Executives
Richard L Davis officer: Senior Vice President 101 BULLITT LN., STE. 450, LOUISVILLE KY 40222
Rebecca R Eckert officer: Principal Accounting Officer, other: Controller 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Anthony C Allen officer: VP of Finance & IT/Asst. Sec. 101 BULLITT LN., STE. 450, LOUISVILLE KY 40222
Jeffrey T Gill director, 10 percent owner, officer: President & CEO 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Gary L Convis director 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
William G Ferko director 7419 CEDAR BLUFF CT, PROSPECT KY 40059
Stephen W Straub officer: Vice President Operations 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Robert E Gill director, 10 percent owner, officer: Chairman 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Robert F Lentz director 1311 VIA TOSCANA WAY, SUN CITY CENTER FL 33573
Paul G Larochelle other: VP and Pres. of Subsidiary 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Brian A. Lutes officer: VP & CFO 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
John James Walsh other: President of Subsidiary 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
French Mitchel Glen Jr officer: Principal Accounting Officer, other: Controller 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
De Carvalho Sergio L other: VP and Pres. of Subsidiary 101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Petersen Sidney R/ca director 150 N. ORANGE GROVE BLVD, PASADENA CA 91103