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EVO Transportation & Energy Services (EVO Transportation & Energy Services) Property, Plant and Equipment : $58.9 Mil (As of Dec. 2022)


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What is EVO Transportation & Energy Services Property, Plant and Equipment?

EVO Transportation & Energy Services's quarterly net PPE declined from Jun. 2022 ($58.7 Mil) to Sep. 2022 ($55.7 Mil) but then increased from Sep. 2022 ($55.7 Mil) to Dec. 2022 ($58.9 Mil).

EVO Transportation & Energy Services's annual net PPE declined from Dec. 2020 ($66.6 Mil) to Dec. 2021 ($59.5 Mil) and declined from Dec. 2021 ($59.5 Mil) to Dec. 2022 ($58.9 Mil).


EVO Transportation & Energy Services Property, Plant and Equipment Historical Data

The historical data trend for EVO Transportation & Energy Services'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.

EVO Transportation & Energy Services Property, Plant and Equipment Chart

EVO Transportation & Energy Services Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.60 58.92 66.63 59.51 58.92

EVO Transportation & Energy Services Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 59.51 61.17 58.66 55.67 58.92

EVO Transportation & Energy Services 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.


EVO Transportation & Energy Services  (OTCPK:EVOA) 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.


EVO Transportation & Energy Services Property, Plant and Equipment Related Terms

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EVO Transportation & Energy Services (EVO Transportation & Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
2075 West Pinnacle Peak Road, Suite 130, Phoenix, AZ, USA, 85027
EVO Transportation & Energy Services Inc is a holding company based in Peoria, Arizona. The company along with its subsidiaries is engaged in the business of acquiring, building, and operating public and private CNG fueling stations. The company's operating segments include Trucking and CNG Fueling Stations. Trucking is comprised of domestic freight trucking and surface transportation services. It generates maximum revenue from the Trucking segment.
Executives
Raj Kapur officer: SVP, Chief Accounting Officer C/O 2075 W. PINNACLE PEAK ROAD SUITE 130 PHOENIX AZ 85027
Michael John Bayles director 55 HUDSON YARDS, 47TH FLOOR, SUITE C, NEW YORK NY 10001
Patrick Seul officer: Exec VP, Gen. Counsel & Secy C/O 2075 W. PINNACLE PEAK ROAD SUITE 130 PHOENIX AZ 85027
Amy L. Harp officer: Controller C/O 2075 W. PINNACLE PEAK ROAD SUITE 130 PHOENIX AZ 85027
Tony Coelho director C/O PINNACLE GLOBAL GROUP, 5599 SAN FELIPE #1212, HOUSTON TX 77056
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Peck Billy L. Jr officer: EVP, Business Development C/O 2075 WEST PINNACLE PEAK ROAD SUITE 130 PHOENIX AZ 85027
Ronald Scott Wheeler director 15455 DALLAS PKWY, STE. 440, ADDISON TX 75001
Antara Capital Gp Llc director, 10 percent owner, other: See Remarks; See Footnote(1,2) 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Fund Gp Llc director, 10 percent owner, other: See Remarks; See Footnote(1,2) 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Master Fund Lp director, 10 percent owner, other: See Remarks; See Footnote(1,2) 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Lp director, 10 percent owner, other: See Remarks; See Footnote(1,2) 55 HUDSON YARDS, 47TH FLOOR, NEW YORK NY 10001
Himanshu Gulati director, 10 percent owner, other: See Remarks; See Footnote(1,2) 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Putnam Eugene S Jr officer: Chief Financial Officer C/O AEGIS MORTGAGE CORPORATION, 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Mark Monroe Anderson director C/O 8285 WEST LAKE PLEASANT PARKWAY PEORIA AZ 85382

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