GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flux Power Holdings Inc (NAS:FLUX) » Definitions » Property, Plant and Equipment

FLUX (Flux Power Holdings) Property, Plant and Equipment : $4.00 Mil (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Flux Power Holdings Property, Plant and Equipment?

Flux Power Holdings's quarterly net PPE declined from Sep. 2023 ($4.42 Mil) to Dec. 2023 ($4.16 Mil) and declined from Dec. 2023 ($4.16 Mil) to Mar. 2024 ($4.00 Mil).

Flux Power Holdings's annual net PPE declined from Jun. 2021 ($4.39 Mil) to Jun. 2022 ($4.18 Mil) but then increased from Jun. 2022 ($4.18 Mil) to Jun. 2023 ($4.64 Mil).


Flux Power Holdings Property, Plant and Equipment Historical Data

The historical data trend for Flux Power 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.

* Premium members only.

Flux Power Holdings Property, Plant and Equipment Chart

Flux Power Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 3.96 4.39 4.18 4.64

Flux Power Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.76 4.64 4.42 4.16 4.00

Flux Power 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.


Flux Power Holdings  (NAS:FLUX) 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.


Flux Power Holdings Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Flux Power Holdings's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Flux Power Holdings Business Description

Traded in Other Exchanges
N/A
Address
2685 S. Melrose Drive, Vista, CA, USA, 92081
Flux Power Holdings Inc design, develop, manufacture, and sell a portfolio of lithium-ion energy storage solutions for electrification of a range of industrial commercial sectors which include material handling, airport ground support equipment (GSE), and other commercial and industrial applications It offers a high-power battery cell management system(BMS). The company's BMS provides three functions to its battery systems which include Cell Balancing, Monitoring, and Error Reporting.
Executives
Michael Johnson 10 percent owner 2240 AUTO PARK WAY, ESCONDIDO CA 92029
Lisa Walters-hoffert director C/O DARE BIOSCIENCE, INC., 10210 CAMPUS POINT DRIVE, SUITE 150, SAN DIEGO CA 92121
Jeffrey Curtis Mason officer: Vice President of Operations 2685 S MELROSE DR, VISTA CA 92081
Charles Scheiwe officer: CFO & Secretary 1135 BAJA WAY, SAN MARCOS CA 92078
Ronald F Dutt officer: CFO C/O SOLA INTERNATIONAL INC, 10590 W. OCEAN AIR DR. #300, SAN DIEGO CA 92130
Esenjay Investments, Llc 10 percent owner 500 NORTH WATER ST., STE 1100 SOUTH, CORPUS CHRISTI TX 78401
Cheemin Bo-linn director 4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Jonathan Andrew Berry officer: COO 985 POINSETTIA AVE STE A, VISTA CA 92081
Cosentino John A Jr director C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Dale Thomas Robinette director 15774 SUNSET DRIVE, POWAY CA 92064
Cleveland Capital Management, L.l.c. 10 percent owner 1250 LINDA ST., SUITE 304, ROCKY RIVER OH 44116
Wade Massad 10 percent owner 1414 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Timothy Collins director 100 PINE STREET, SUITE 605, SAN FRANCISCO CA 94111
James Gevarges 10 percent owner 2240 AUTO PARK WAY, ESCONDIDO CA 92029
Christopher Lee Anthony director, 10 percent owner, officer: Chairman, CEO, President 2240 AUTO PARK WAY, ESCONDIDO CA 92029

Flux Power Holdings Headlines

From GuruFocus