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CHCT (Community Healthcare Trust) Property, Plant and Equipment : $3.1 Mil (As of Sep. 2024)


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What is Community Healthcare Trust Property, Plant and Equipment?

Community Healthcare Trust's quarterly net PPE declined from Mar. 2024 ($3.2 Mil) to Jun. 2024 ($3.2 Mil) and declined from Jun. 2024 ($3.2 Mil) to Sep. 2024 ($3.1 Mil).

Community Healthcare Trust's annual net PPE increased from Dec. 2021 ($2.7 Mil) to Dec. 2022 ($3.3 Mil) but then declined from Dec. 2022 ($3.3 Mil) to Dec. 2023 ($3.2 Mil).


Community Healthcare Trust Property, Plant and Equipment Historical Data

The historical data trend for Community Healthcare Trust'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.

Community Healthcare Trust Property, Plant and Equipment Chart

Community Healthcare Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.82 2.66 3.30 3.22

Community Healthcare Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.24 3.22 3.19 3.17 3.15

Community Healthcare Trust 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.


Community Healthcare Trust  (NYSE:CHCT) 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.


Community Healthcare Trust Property, Plant and Equipment Related Terms

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Community Healthcare Trust Business Description

Traded in Other Exchanges
Address
3326 Aspen Grove Drive, Suite 150, Franklin, TN, USA, 37067
Community Healthcare Trust Inc is an integrated healthcare real estate company in the United States. The company owns and acquires, or finances, real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers in non-urban markets. The company derives majority of its revenues from its real estate property and mortgage notes portfolio. The company's rental and mortgage interest income is recognized based on contractual arrangements with its tenants and borrowers.
Executives
Van Horn R. Lawrence director 354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067
Cathrine Cotman director 3326 ASPEN GROVE DRIVE, SUITE 150, FRANKLIN TN 37067
Robert Z Hensley director C/O 1621 GALLERY BLVD., BRENTWOOD TN 37027
David H. Dupuy officer: Executive Vice President & CFO 3326 ASPEN GROVE DRIVE, SUITE 150, FRANKLIN TN 37067
Monroe William G. Iv officer: Chief Financial Officer 3326 ASPEN GROVE DRIVE, SUITE 150, FRANKLIN TN 37067
Timothy L. Meyer officer: EVP - Asset Management 3326 ASPEN GROVE DRIVE, SUITE 150, FRANKLIN TN 37067
Claire M Gulmi director
W. Page Barnes officer: Executive VP & CFO 354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067
Leigh Ann Stach officer: VP Financial Reporting & CAO 354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067
Timothy G Wallace director, officer: Chairman, CEO and President
Alfred Lumsdaine director 3841 GREEN HILLS VILLAGE DR, NASHVILLE TN 37215
Alan Gardner director 354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067
Athena Funding Partners, Llc 10 percent owner 354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067