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Pineapple Energy (Pineapple Energy) Property, Plant and Equipment : $5.85 Mil (As of Mar. 2024)


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What is Pineapple Energy Property, Plant and Equipment?

Pineapple Energy's quarterly net PPE declined from Sep. 2023 ($6.19 Mil) to Dec. 2023 ($6.03 Mil) and declined from Dec. 2023 ($6.03 Mil) to Mar. 2024 ($5.85 Mil).

Pineapple Energy's annual net PPE increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($5.36 Mil) and increased from Dec. 2022 ($5.36 Mil) to Dec. 2023 ($6.03 Mil).


Pineapple Energy Property, Plant and Equipment Historical Data

The historical data trend for Pineapple Energy'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.

Pineapple Energy Property, Plant and Equipment Chart

Pineapple Energy Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
- - 5.36 6.03

Pineapple Energy Quarterly Data
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 6.15 6.18 6.19 6.03 5.85

Pineapple Energy 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.


Pineapple Energy  (NAS:PEGY) 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.


Pineapple Energy Property, Plant and Equipment Related Terms

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Pineapple Energy (Pineapple Energy) Business Description

Traded in Other Exchanges
Address
10900 Red Circle Drive, Minnetonka, MN, USA, 55343
Pineapple Energy Inc provides households with sustainable solar energy, back-up power and security, control and predictability, and cost savings. It provides a full range of installation services, including the design, engineering, procurement, permitting, construction, grid connection, warranty, monitoring and maintenance of residential solar energy systems. The company also offers battery storage to customers in select markets and serves a limited number of enterprise customers.
Executives
Northern Pacific Growth Investment Advisors, Llc 10 percent owner 315 EAST LAKE STREET, SUITE 301, WAYZATA MN 55391
Scott Maskin director 40 GRASSMERE AVENUE, OAKDALE NY 11769
Eric Ingvaldson officer: CHIEF FINANCIAL OFFICER 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Michael R. Zapata director 2765 NW NICOLAI STREET, PORTLAND OR 97210
Roger Hd Lacey director 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Scott Honour director 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Kyle Udseth director, officer: CHIEF EXECUTIVE OFFICER NORTHERN PACIFIC GROUP, 315 EAST LAKE STREET, SUITE 301, WAYZATA MN 55391
Tom Holland director 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Marilyn S. Adler director 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Mike Siegler officer: Senior Vice President 10900 RED CIRCLE DR., MINNETONKA MN 55343
Anita Kumar director, officer: President/CEO 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Steven Webster director 4901 ARDEN AVE., EDINA MN 55424
Richard A Primuth director
Scott Fluegge officer: VP 12946 66TH ST N, WEST PALM BEACH FL 33412
Scott Gregory Otis officer: VP 18535 SCHROERS FARM ROAD, EDEN PRAIRIE MN 55347