GENNQ (Genesis Healthcare) Property, Plant and Equipment: $2,728 Mil (As of Dec. 2020)

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GENNQ Genesis Healthcare Inc GENNQ
12 GF Score
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What is Genesis Healthcare Property, Plant and Equipment?

Genesis Healthcare GENNQ -99.00% 12 Property, Plant and Equipment is $2,728 Mil as of Dec. 2020. GuruFocus rates GENNQ with a GF Score™ of 12/100.

Genesis Healthcare's quarterly net PPE declined from Jun. 2020 ($2,999 Mil) to Sep. 2020 ($2,865 Mil) and declined from Sep. 2020 ($2,865 Mil) to Dec. 2020 ($2,728 Mil).

Genesis Healthcare's annual net PPE increased from Dec. 2018 ($2,888 Mil) to Dec. 2019 ($3,399 Mil) but then declined from Dec. 2019 ($3,399 Mil) to Dec. 2020 ($2,728 Mil).


Genesis Healthcare  (OTCPK:GENNQ) 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.


Genesis Healthcare Property, Plant and Equipment Related Terms


Genesis Healthcare Property, Plant and Equipment Historical Data

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The historical data trend for Genesis Healthcare'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.

Genesis Healthcare Property, Plant and Equipment Chart

Genesis Healthcare Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,765.39 3,413.60 2,887.55 3,398.71 2,728.09

Genesis Healthcare Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 3,398.71 3,241.06 2,998.52 2,865.18 2,728.09
GENNQ
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Genesis Healthcare Inc GENNQ
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Genesis Healthcare 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 $2,728 Mil mean?
Genesis Healthcare (GENNQ) has a Property, Plant and Equipment of $2,728 Mil as of Dec. 2020. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Genesis Healthcare and its competitors.
Is Genesis Healthcare's Property, Plant and Equipment too high?
Genesis Healthcare's current Property, Plant and Equipment is $2,728 Mil. Overall, Genesis Healthcare has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Genesis Healthcare's Property, Plant and Equipment compare to AIH and JYNT?
Genesis Healthcare's Property, Plant and Equipment of $2,728 Mil can be compared against companies in the Healthcare Providers & Services 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 a Healthcare Providers & Services company?
A good Property, Plant and Equipment depends on the Healthcare Providers & Services 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 Genesis Healthcare and its competitors. Genesis Healthcare's current Property, Plant and Equipment is $2,728 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genesis Healthcare stock overvalued right now?
Genesis Healthcare (GENNQ) has a current Property, Plant and Equipment of $2,728 Mil. The current Property, Plant and Equipment is $2,728 Mil. Genesis Healthcare's overall GF Score™ is 12/100. 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 Genesis Healthcare (GENNQ), the current Property, Plant and Equipment is $2,728 Mil as of Dec. 2020. 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.

Genesis Healthcare Business Description

Address 101 East State Street, Kennett Square, PA, USA, 19348
Genesis Healthcare Inc is a post-acute care provider in the United States. It focuses on the medical and physical issues facing elderly patients and is provided by the employees of skilled nursing facilities, assisted/senior living communities, integrated and third-party rehabilitation therapy business. The company has three operating segments. The inpatient services segment include the operation of skilled nursing facilities and assisted/senior living facilities; rehabilitation therapy segment services include integrated and third-party rehabilitation and respiratory therapy services; and all other services. The majority of its revenue is generated from its skilled nursing facilities of the inpatient services segment.
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Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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