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KKRome Opportunities Fund (KKRome Opportunities Fund) Property, Plant and Equipment : $0.00 Mil (As of Oct. 2023)


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What is KKRome Opportunities Fund Property, Plant and Equipment?


KKRome Opportunities Fund Property, Plant and Equipment Historical Data

The historical data trend for KKRome Opportunities 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.

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KKRome Opportunities Fund Property, Plant and Equipment Chart

KKRome Opportunities Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Property, Plant and Equipment
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KKRome Opportunities Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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KKRome Opportunities Fund 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.


KKRome Opportunities Fund  (NYSE:KIO) 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.


KKRome Opportunities Fund Property, Plant and Equipment Related Terms

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KKRome Opportunities Fund (KKRome Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
555 California Street, 50th Floor, San Francisco, CA, USA, 94104
KKR Income Opportunities Fund operates as a closed-end registered management investment company. It seeks to generate a high level of current income, with a secondary objective of capital appreciation. The company invests in the portfolio of loans and fixed-income instruments of U.S. and non-U.S. issuers. The company will invest at least 80% of its Managed Assets in loans and fixed-income instruments or other instruments, including derivative instruments, with similar economic characteristics under normal market conditions.
Executives
Michael E Cahill director
Jeremiah S Lane other: Portfolio Manager 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Christopher A Sheldon other: Portfolio Manager 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Lori Hoffman officer: Secretary and Vice President 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Eric J Mogelof director, officer: President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Suzanne Donohoe director, officer: Chairman, President 555 CALIFORNIA ST., 50TH FL., SAN FRANCISCO CA 94104
Catherine B. Sidamon-eristoff director C/O KKR CREDIT ADVISORS (US) LLC, 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Lion Connecticut Holdings Inc. 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095
Voya Financial, Inc. 10 percent owner 230 PARK AVENUE, NEW YORK NY 10169
Ing Life Insurance & Annuity Co 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095-4774
Reliastar Life Insurance Co 10 percent owner 20 WASHINGTON AVENUE SOUTH, MINNEAPOLIS MN 55401
Minnesota Life Insurance Co /bd 10 percent owner 400 N ROBERT ST, ST PAUL MN 55101
Michael H. Nguyen officer: Secretary and Vice President C/O KKR CREDIT ADVISORS (US) LLC, 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Philip Davidson officer: Secretary and Vice President 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Shannon Horton officer: Chief Compliance Officer 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104

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