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Alico's quarterly net PPE increased from Jun. 2024 ($35.83 Mil) to Sep. 2024 ($352.73 Mil) but then declined from Sep. 2024 ($352.73 Mil) to Dec. 2024 ($31.47 Mil).
Alico's annual net PPE declined from Sep. 2022 ($372.48 Mil) to Sep. 2023 ($361.85 Mil) and declined from Sep. 2023 ($361.85 Mil) to Sep. 2024 ($352.73 Mil).
The historical data trend for Alico's 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.
Alico Annual Data | |||||||||||||||||||||
Trend | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | Sep24 | |||||||||||
Property, Plant and Equipment | Get a 7-Day Free Trial |
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350.06 | 373.23 | 372.48 | 361.85 | 352.73 |
Alico Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Property, Plant and Equipment | Get a 7-Day Free Trial |
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361.60 | 360.21 | 35.83 | 352.73 | 31.47 |
Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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:
Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:
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.
Alico (NAS:ALCO) 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.
Thank you for viewing the detailed overview of Alico's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.
Katherine English | director | 7951 DENI DRIVE, NORTH FORT MYERS FL 33917 |
Adam Putnam | director | ONE WATERFOWL WAY, MEMPHIS TN 38120 |
Bradley Heine | officer: Chief Financial Officer | C/O ALICO, INC., 10070 DANIELS INTERSTATE COURT, STE 200, FORT MYERS FL 33913 |
Vecchio Perry Del | officer: Chief Financial Officer | 3207 PACIFIC DR, NAPLES FL 34119 |
Arlon Valencia Holdings Llc | director | C/O ARLON GROUP 277 PARK AVENUE, NEW YORK NY 10172 |
Remy W Trafelet | director, 10 percent owner | C/O TRAFELET BROKAW CAPITAL MANAGEMENT,, 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022 |
734 Investors, Llc | director, 10 percent owner | C/O 734 AGRICULTURE, LLC, 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022 |
Toby K Purse | director | 1276 OSCEOLA DRIVE, FORT MYERS FL 33901 |
Benjamin D Fishman | director | 6 WILLOW PLACE, BROOKLYN NY 11201 |
George R Brokaw | director, 10 percent owner | DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112 |
734 Agriculture, Llc | director, 10 percent owner | 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022 |
Daniel Keith Sutton | officer: President of Citrus | 5289 RIVER BLOSSOM LANE, LABELLE FL 33935 |
Joseph Sambuco | director | 10070 DANIELS INTERSTATE COURT, FT MYERS FL 33913 |
Richard Rallo | officer: Chief Accounting Officer | 3265 LARSON BLVD, OCEANSIDE NY 11572 |
Clayton G Wilson | director, officer: Chief Executive Officer | C/O THE LATT MAXCY CORPORATION, 21299 US HIGHWAY 27, LAKE WALES FL 33859 |
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