FSCR (Federal Screw Works) Property, Plant and Equipment: $54.34 Mil (As of Dec. 2004)


What is Federal Screw Works Property, Plant and Equipment?

Federal Screw Works FSCR -0.27% Property, Plant and Equipment is $54.34 Mil as of Dec. 2004.

Federal Screw Works's quarterly net PPE declined from Jun. 2004 ($54.18 Mil) to Sep. 2004 ($53.77 Mil) but then increased from Sep. 2004 ($53.77 Mil) to Dec. 2004 ($54.34 Mil).

Federal Screw Works's annual net PPE declined from Jun. 2002 ($52.73 Mil) to Jun. 2003 ($51.89 Mil) but then increased from Jun. 2003 ($51.89 Mil) to Jun. 2004 ($54.18 Mil).

Federal Screw Works  (OTCPK:FSCR) 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.

Federal Screw Works Property, Plant and Equipment Related Terms

Federal Screw Works Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for Federal Screw Works'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.

Federal Screw Works Property, Plant and Equipment Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.88 51.14 52.73 51.89 54.18

Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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 51.25 52.42 54.18 53.77 54.34

Federal Screw Works 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.

What does a Property, Plant and Equipment of $54.34 Mil mean?
Federal Screw Works (FSCR) has a Property, Plant and Equipment of $54.34 Mil as of Dec. 2004. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Federal Screw Works and its competitors.
Is Federal Screw Works' Property, Plant and Equipment too high?
Federal Screw Works' current Property, Plant and Equipment is $54.34 Mil.
How does Federal Screw Works' Property, Plant and Equipment compare to PAOS and PFIN?
Federal Screw Works' Property, Plant and Equipment of $54.34 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for an Industrial Products company?
A good Property, Plant and Equipment depends on the Industrial Products industry context. However, Property, Plant and Equipment should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Federal Screw Works and its competitors. Federal Screw Works's current Property, Plant and Equipment is $54.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Screw Works stock overvalued right now?
Federal Screw Works (FSCR) has a current Property, Plant and Equipment of $54.34 Mil. The current Property, Plant and Equipment is $54.34 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Federal Screw Works (FSCR), the current Property, Plant and Equipment is $54.34 Mil as of Dec. 2004. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Federal Screw Works Business Description

Address 34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.