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BUKS (Butler National) Property, Plant and Equipment : $63.56 Mil (As of Jan. 2025)


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What is Butler National Property, Plant and Equipment?

Butler National's quarterly net PPE increased from Jul. 2024 ($62.46 Mil) to Oct. 2024 ($63.77 Mil) but then declined from Oct. 2024 ($63.77 Mil) to Jan. 2025 ($63.56 Mil).

Butler National's annual net PPE increased from Apr. 2022 ($62.09 Mil) to Apr. 2023 ($62.15 Mil) and increased from Apr. 2023 ($62.15 Mil) to Apr. 2024 ($62.48 Mil).


Butler National Property, Plant and Equipment Historical Data

The historical data trend for Butler National'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.

Butler National Property, Plant and Equipment Chart

Butler National Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.75 56.37 62.09 62.15 62.48

Butler National Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 62.32 62.48 62.46 63.77 63.56

Butler National 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.


Butler National  (OTCPK:BUKS) 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.


Butler National Property, Plant and Equipment Related Terms

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Butler National Business Description

Traded in Other Exchanges
N/A
Address
One Aero Plaza, New Century, KS, USA, 66031
Butler National Corp is involved in the design, manufacturing, sale, installation, repair, modification, overhaul, service, and distribution of a wide range of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems. The company has two operating segments: Professional Services and Aerospace Products. Its main source of revenue comes from the Aerospace Products segment. The Professional Services segment offers professional management services in the gaming industry, as well as professional architectural and engineering services. The company operates in North America, Europe, Asia, Australia, and other geographical regions.
Executives
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
Christopher J Reedy officer: Vice President 7411 RICHARDS DRIVE, SHAWNEE KS 66216
Joe Aric Peters director 15125 MELROSE DRIVE, OVERLAND PARK KS 66221
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Veradace Partners Lp 10 percent owner 2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
John M. Edgar director 2600 GRAND BOULEVARD, SUITE 440, KANSAS CITY MO 64108
David B Hayden director 15733 SHANNAN LANE, OLATHE KS 66062
Tad Mitchell Mcmahon officer: Chief Financial Officer 19920 W 161ST STREET, OLATHE KS 66062
Craig D Stewart officer: Vice President and CFO 15213 KING STREET, OVERLAND PARK KS 66221
Angela D Seba-shinabargar officer: CFO 11575 S. WATER, OLATHE KS 66061
Bradley Kyle Hoffman director 8741 ENSLEY LANE, LEAWOOD KS 66206
Michael Joseph Tamburelli director 11028 N. LAUREL AVE, KANSAS CITY MO 64157
Clark D Stewart director, officer: President - CEO 15733 SHANNAN LANE, OLATHE KS 66062