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ARDT (Ardent Health Partners) Property, Plant and Equipment : $2,039 Mil (As of Dec. 2024)


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What is Ardent Health Partners Property, Plant and Equipment?

Ardent Health Partners's quarterly net PPE increased from Jun. 2024 ($1,999 Mil) to Sep. 2024 ($2,008 Mil) and increased from Sep. 2024 ($2,008 Mil) to Dec. 2024 ($2,039 Mil).

Ardent Health Partners's annual net PPE increased from Dec. 2022 ($1,990 Mil) to Dec. 2023 ($2,012 Mil) and increased from Dec. 2023 ($2,012 Mil) to Dec. 2024 ($2,039 Mil).


Ardent Health Partners Property, Plant and Equipment Historical Data

The historical data trend for Ardent Health Partners'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.

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Ardent Health Partners Property, Plant and Equipment Chart

Ardent Health Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec21 Dec22 Dec23 Dec24
Property, Plant and Equipment
Get a 7-Day Free Trial 839.89 - 1,990.15 2,012.24 2,039.05

Ardent Health Partners Quarterly Data
Dec16 Sep17 Dec17 Sep18 Dec18 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2,012.24 1,996.34 1,999.23 2,008.32 2,039.05

Ardent Health Partners Property, Plant and Equipment Calculation

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:


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.


Ardent Health Partners  (NYSE:ARDT) 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.


Ardent Health Partners Property, Plant and Equipment Related Terms

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Ardent Health Partners Business Description

Traded in Other Exchanges
N/A
Address
340 Seven Springs Way, Suite 100, Brentwood, TN, USA, 37027
Ardent Health Partners Inc is an operator of hospitals and a provider of healthcare services in the United States. It provide both general and specialty services, including internal medicine, general surgery, cardiology, oncology, orthopedics, women's services, neurology, urology, and emergency services, within inpatient and ambulatory care settings. The company has one reportable segment: healthcare services that provides healthcare services primarily through its ownership and operation of hospitals, certain of which provide related healthcare services through physician practices, outpatient centers, and post-acute facilities. Ardent has 30 acute care hospitals, more than 200 sites of care that operates across six states: Texas, Oklahoma, New Mexico, New Jersey, Idaho, and Kansas.