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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).
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.
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 | 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 | 3.86 | 3.84 | 4.08 | 3.40 | 3.40 |
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:
Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:
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.
Thank you for viewing the detailed overview of Digerati Technologies's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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