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OXBR (Oxbridge Re Holdings) Property, Plant and Equipment : $0.10 Mil (As of Sep. 2024)


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What is Oxbridge Re Holdings Property, Plant and Equipment?

Oxbridge Re Holdings's quarterly net PPE declined from Mar. 2024 ($0.15 Mil) to Jun. 2024 ($0.13 Mil) and declined from Jun. 2024 ($0.13 Mil) to Sep. 2024 ($0.10 Mil).

Oxbridge Re Holdings's annual net PPE declined from Dec. 2021 ($0.14 Mil) to Dec. 2022 ($0.05 Mil) and declined from Dec. 2022 ($0.05 Mil) to Dec. 2023 ($0.01 Mil).


Oxbridge Re Holdings Property, Plant and Equipment Historical Data

The historical data trend for Oxbridge Re 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.

Oxbridge Re Holdings Property, Plant and Equipment Chart

Oxbridge Re Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.24 0.14 0.05 0.01

Oxbridge Re Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.04 0.01 0.15 0.13 0.10

Oxbridge Re 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.


Oxbridge Re Holdings  (NAS:OXBR) 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.


Oxbridge Re Holdings Property, Plant and Equipment Related Terms

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Oxbridge Re Holdings Business Description

Traded in Other Exchanges
N/A
Address
42 Edward Street, Suite 201, P.O. Box 469, Georgetown, Grand Cayman, CYM, KY1-9006
Oxbridge Re Holdings Ltd is a specialty property and casualty reinsurer. It provides reinsurance solutions through its subsidiary. It focuses on underwriting fully collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States, with an emphasis on Florida. Oxbridge specializes in underwriting medium frequency, high severity risks, where insufficient data exists to analyze effectively the risk/return profile of reinsurance contracts. The Company manages its business on the basis of one operating segment, Property and Casualty Reinsurance.
Executives
Allan S. Martin 10 percent owner 401 EAST JACKSON STREET, SUITE 2370, TAMPA FL 33601
Sanjay Madhu director, officer: CEO, President 425 EAST DAVIS BLVD., TAMPA FL 33606
Arun Gowda director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Dwight Lyndon Merren director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Lesley Helen Thompson director SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Raymond E Cabillot director 3033 EXCELSIOR BLVD., STE 560, MINNEAPOLIS MN 55416
Wrendon Timothy officer: Controller & Secretary P.O. BOX 469, CAMANA BAY E9 KY1-9006
Paresh Patel director, 10 percent owner 1520 GULF BLVD., APT. 1706, CLEARWATER FL 33767
Mayur Patel director 12 CHRIS ELIOT COURT, HUNT VALLEY MD 21030
Krishna Persaud director 11767 BAYFIELD DRIVE, BOCA RATON FL 33498