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Endurance Specialty Holdings (Endurance Specialty Holdings) Property, Plant and Equipment : $0.00 Mil (As of Mar. 2017)


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What is Endurance Specialty Holdings Property, Plant and Equipment?


Endurance Specialty Holdings Property, Plant and Equipment Historical Data

The historical data trend for Endurance Specialty Holdings'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.

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Endurance Specialty Holdings Property, Plant and Equipment Chart

Endurance Specialty Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Property, Plant and Equipment
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Endurance Specialty Holdings Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Endurance Specialty Holdings 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.


Endurance Specialty Holdings  (NYSE:ENHPRACL.PFD) 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.


Endurance Specialty Holdings Property, Plant and Equipment Related Terms

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Endurance Specialty Holdings (Endurance Specialty Holdings) Business Description

Traded in Other Exchanges
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Address
Endurance Specialty Holdings is a property and casualty insurance holding company that underwrites its products on a global basis. Operations are organized into two business segments: insurance and reinsurance. Endurance generates the vast majority of its revenue from the insurance segment, where most of its revenue is derived from its agriculture insurance line. The reinsurance segment derives most of its revenue through its catastrophe insurance line. The company's key strategies include an emphasis on profitability, deep client relationships, risk management, and proactively managing its capital base.
Executives
Ehara Shigeru director 26-1, NISHI-SHINJUKU 1-CHOME, SHINJUKU-KU, TOKYO M0 160-8338
Junichi Tanaka director 26-1, NISHI-SHINJUKU 1-CHOME, SHINJUKU-KU, TOKYO M0 160-8338
Nigel Frudd director 26-1, NISHI-SHINJUKU 1-CHOME, SHINJUKU-KU, TOKYO M0 160-8338
John A Kuhn officer: CEO, Global Insurance C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WEST BUILDING, WHITE PLAINS NY 10604
Mark Silverstein officer: Chief Investment Officer, ESL C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WHITE PLAINS NY 10604
Michael J Mcguire officer: Chief Financial Officer C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Brian W Goshen officer: Chief Admin. Officer, ESL AXIS CAPITAL HOLDINGS LIMITED, 11680 GREAT OAKS WAY, SUITE 500, ALPHARETTA GA 30022
Jerome Faure officer: Former CEO, Global Reinsurance C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WEST BUILDING, WHITE PLAINS NY 10604
Young Stephen H.r. officer: CEO, Global Reinsurance C/O ENDURANCE SERVICES LIMITED, 4 MANHATTANVILLE ROAD, PURCHASE NY 10577
Carrie Rosorea officer: Chief Accounting Officer 333 WESTCHESTER AVE., WHITE PLAINS NY 10604
Christopher Gallagher officer: Chief Risk Officer C/O ENDURANCE SERVICES LIMITED, 4 MANHATTANVILLE ROAD, PURCHASE NY 10577
Joan Delemps officer: Chief Risk Officer ESL C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WHITE PLAINS NY 10604
John Charman director, officer: Chmn & Chief Executive Officer AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE D0 HM 08
Ian Michael Winchester director 350 CENTRAL PARK WEST, APPT.15D, NEW YORK CITY NY 10025-6504
Morgan W Davis director 80 SOUTH MAIN STREET, HANOVER NH 03755

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