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The historical data trend for Allspring Utilities and Highome Fund'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.
Allspring Utilities and Highome Fund Annual Data | |||||||||||||||||||||
Trend | Aug15 | Aug16 | Aug17 | Aug18 | Aug19 | Aug20 | Aug21 | Aug22 | Aug23 | Aug24 | |||||||||||
Property, Plant and Equipment | Get a 7-Day Free Trial | - | - | - | - | - |
Allspring Utilities and Highome Fund Semi-Annual Data | ||||||||||||||||||||
Feb15 | Aug15 | Feb16 | Aug16 | Feb17 | Aug17 | Feb18 | Aug18 | Feb19 | Aug19 | Feb20 | Aug20 | Feb21 | Aug21 | Feb22 | Aug22 | Feb23 | Aug23 | Feb24 | Aug24 | |
Property, Plant and Equipment | Get a 7-Day Free Trial | - | - | - | - | - |
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.
Allspring Utilities and Highome Fund (AMEX:ERH) 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 Allspring Utilities and Highome Fund's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.
Jennifer Lea Grunberg | officer: Chief Compliance Officer | 350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022 |
Paul Werner Felsch | officer: Chief Complaince Officer | 100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051 |
Jane A Freeman | director | ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105 |
Christopher Micah Baker | officer: Chief Compliance Officer | ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356 |
Karin Brotman | officer: Chief Compliance Officer | ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105 |
Kate Sandman Mckinley | officer: Chief Compliance Officer | ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210 |
Richard Matthew Prasse | officer: Secretary | WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704 |
Christopher M Lee | other: Portfolio Manager | WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105 |
Michael Joseph Schueller | other: Portfolio Manager | 100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400 |
Jack E Spudich | other: Portfolio Manager | 1 N JEFFERSON AVE, 7TH FLOOR, SAINT LOUIS MT 63103-2205 |
Kent A Newcomb | other: Portfolio Manager | 1 N JEFFERSON AVE, 7TH FLOOR, SAINT LOUIS MT 63103-2205 |
Daniel J. Mavico | officer: Chief Compliance Officer | 401 S TRYON STREET, FLOOR 2, CHARLOTTE NC 28202-1911 |
Kevin T. Roskopf | other: Share Repurchase Committee Mem | WELLS FARGO ASSET MANAGEMENT, 100 HERITAGE RESERVE, 1ST FLOOR, MENOMONEE FALLS WI 53051-4400 |
Andrew R Tuttle | officer: Portfolio Mgr. | 25 RECREATION PARK DRIVE, SUITE 206, HINGHAM MA 02043 |
William R. Ebsworth | director | WELLS FARGO FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105 |
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