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Anterix (Anterix) Property, Plant and Equipment : $6.76 Mil (As of Dec. 2023)


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What is Anterix Property, Plant and Equipment?

Anterix's quarterly net PPE declined from Jun. 2023 ($5.63 Mil) to Sep. 2023 ($5.15 Mil) but then increased from Sep. 2023 ($5.15 Mil) to Dec. 2023 ($6.76 Mil).

Anterix's annual net PPE declined from Mar. 2021 ($8.67 Mil) to Mar. 2022 ($7.00 Mil) and declined from Mar. 2022 ($7.00 Mil) to Mar. 2023 ($6.98 Mil).


Anterix Property, Plant and Equipment Historical Data

The historical data trend for Anterix'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.

Anterix Property, Plant and Equipment Chart

Anterix Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.83 13.50 8.67 7.00 6.98

Anterix Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.91 6.98 5.63 5.15 6.76

Anterix 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.


Anterix  (NAS:ATEX) 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.


Anterix Property, Plant and Equipment Related Terms

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Anterix (Anterix) Business Description

Traded in Other Exchanges
Address
3 Garret Mountain Plaza, Suite 401, Woodland Park, NJ, USA, 07424
Anterix Inc is a United States-based company engaged in delivering broadband needed to modernize infrastructure for energy, transportation, logistics, and other industries. It offers Private LTE for utilities which help to automate processes, monitor environmental conditions, enable artificial intelligence, and drive productivity.
Executives
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Gena L Ashe officer: General Counsel & Secretary C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Mahvash Yazdi director EDISON INTERNATIONAL, 2244 WALNUT GROVE AVE, ROSEMEAD CA 91770
Morgan E Obrien director, officer: Vice Chairman of the Board GTT COMMUNICATIONS, INC., 7900 TYSONS ONE PLACE, SUITE 1450, MCLEAN VA 22102
Robert Harris Schwartz officer: Chief Strategy & Development 3 GARRET MOUNTAIN PLAZA, SUITE 401, WOODLAND PARK NJ 07424
Timothy Gray officer: Chief Financial Officer 3 GARRET MOUNTAIN PLAZA, SUITE 401, WOODLAND PARK NJ 07424
Christopher Guttman-mccabe officer: Chief Reg & Comm Officer 3 GARRET MOUNTAIN PLAZA, SUITE 401, WOODLAND PARK NJ 07424
Ryan Gerbrandt officer: Chief Operating Officer 3 GARRET MOUNTAIN PLAZA, SUITE 401, WOODLAND PARK NJ 07424
Hamid Akhavan director 1226 EARNESTINE ST., MCLEAN VA 22101
Leslie B Daniels director 540 MADISON, 22ND FLOOR, NEW YORK NY 10022
Elaine Gangeri officer: Chief Acc Officer, Asst Sect 3 GARRET MOUNTAIN PLAZA, SUITE 401, WOODLAND PARK NJ 07424
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Brian Mcauley director, officer: Chairman of the Board 201 ROUTE 17 N, RUTHERFORD NJ 07070
Gregory A Pratt director 7500 GREENWAY CENTER DRIVE, SUITE 1600, 7500 GREENWAY CENTER DRIVE, SUITE 1600, GREENBELT MD 20770
Thomas Clark Akers director 3 GARRET MOUNTAIN PLAZA, SUITE 401, WOODLAND PARK NJ 07424