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ARQQ (Arqit Quantum) Property, Plant and Equipment : $1.08 Mil (As of Sep. 2024)


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What is Arqit Quantum Property, Plant and Equipment?

Arqit Quantum's quarterly net PPE declined from Sep. 2023 ($8.11 Mil) to Mar. 2024 ($6.96 Mil) and declined from Mar. 2024 ($6.96 Mil) to Sep. 2024 ($1.08 Mil).

Arqit Quantum's annual net PPE declined from Sep. 2022 ($8.35 Mil) to Sep. 2023 ($8.11 Mil) and declined from Sep. 2023 ($8.11 Mil) to Sep. 2024 ($1.08 Mil).


Arqit Quantum Property, Plant and Equipment Historical Data

The historical data trend for Arqit Quantum'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.

* Premium members only.

Arqit Quantum Property, Plant and Equipment Chart

Arqit Quantum Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Property, Plant and Equipment
Get a 7-Day Free Trial 0.03 0.20 8.35 8.11 1.08

Arqit Quantum Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only 8.35 9.54 8.11 6.96 1.08

Arqit Quantum 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.


Arqit Quantum  (NAS:ARQQ) 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.


Arqit Quantum Property, Plant and Equipment Related Terms

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Arqit Quantum Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 Orchard Place, London, GBR, SW1H 0BF
Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology that makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. The company delivers its symmetric key agreement technology via its product QuantumCloud. The firm operates in one segment that is, the provision of cybersecurity services via satellite and terrestrial platforms. The company operates and generates its revenue from UK.