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DTGI (Digerati Technologies) Property, Plant and Equipment : $3.40 Mil (As of Apr. 2024)


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What is Digerati Technologies Property, Plant and Equipment?

Digerati Technologies's quarterly net PPE declined from Oct. 2023 ($4.08 Mil) to Jan. 2024 ($3.40 Mil) but then increased from Jan. 2024 ($3.40 Mil) to Apr. 2024 ($3.40 Mil).

Digerati Technologies's annual net PPE increased from Jul. 2021 ($1.46 Mil) to Jul. 2022 ($4.15 Mil) but then declined from Jul. 2022 ($4.15 Mil) to Jul. 2023 ($3.84 Mil).


Digerati Technologies Property, Plant and Equipment Historical Data

The historical data trend for Digerati Technologies'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.

Digerati Technologies Property, Plant and Equipment Chart

Digerati Technologies Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.61 1.46 4.15 3.84

Digerati Technologies Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 3.86 3.84 4.08 3.40 3.40

Digerati Technologies 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.


Digerati Technologies  (OTCPK:DTGI) 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.


Digerati Technologies Property, Plant and Equipment Related Terms

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Digerati Technologies Business Description

Traded in Other Exchanges
N/A
Address
8023 Vantage Drive, Suite 660, San Antonio, TX, USA, 78230
Digerati Technologies Inc is a provider of cloud services specializing in Unified Communications as a Service (UCaaS) solutions. The company's product portfolio includes Internet-based telephony products and services delivered through its cloud application platform and session-based communication network and network services including internet broadband, fiber, mobile broadband and cloud WAN solutions (SD WAN). Its services provide enterprise-class, carrier-grade services to the small-to-medium-sized business at cost-effective monthly rates. Its UCaaS or cloud communication services include fully hosted IP/PBX, mobile applications, Voice over Internet Protocol transport, SIP trunking, and customized VoIP services all delivered Only in the Cloud.
Executives
Post Road Special Opportunity Fund Ii Offshore Lp 10 percent owner C/O POST ROAD GROUP LP, 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Kevin C. Davis 10 percent owner C/O POST ROAD GROUP LP, 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Post Road Sof Gp Ii Llc 10 percent owner 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Post Road Group Lp 10 percent owner 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Michael Bogdan 10 percent owner C/O POST ROAD GROUP LP, 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Post Road Special Opportunity Fund Ii Lp 10 percent owner 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Digerati Technologies, Inc. 10 percent owner 8023 VANTAGE DRIVE, SUITE 660, SAN ANTONIO TX 78230
Craig Kendall Clement director, 10 percent owner 626 JESSAMINE STREET, SAN ANTONIO TX 78209
Flagship Oil & Gas Corp. 10 percent owner 626 JESSAMINE STREET, SAN ANTONIO TX 78209
Max Polinsky director 10715 GULFDALE STE 200, SAN ANTONIO TX 78216
William E. Mcilwain other: Former Director 3111 ROSEMARY PARK LANE, HOUSTON TX 77082
Arthur L Smith officer: Chief Executive Officer 8600 WURZBACH, SUITE 700W, SAN ANTONIO TX 78240
James John Davis director 13626 WINTER CREEK COURT, HOUSTON TX 77077
Antonio Jr Estrada officer: Chief Financial Officer 1807 DEER RIDGE ST, SAN ANTONIO TX 78232
John Howell director 1950 CINNAMON TEAL DR., REDMOND OR 97756