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ProGreen US (ProGreen US) Property, Plant and Equipment : $0.16 Mil (As of Jan. 2019)


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What is ProGreen US Property, Plant and Equipment?

ProGreen US's quarterly net PPE stayed the same from Jul. 2018 ($0.16 Mil) to Oct. 2018 ($0.16 Mil) and stayed the same from Oct. 2018 ($0.16 Mil) to Jan. 2019 ($0.16 Mil).

ProGreen US's annual net PPE declined from Apr. 2016 ($1.31 Mil) to Apr. 2017 ($0.00 Mil) but then increased from Apr. 2017 ($0.00 Mil) to Apr. 2018 ($0.00 Mil).


ProGreen US Property, Plant and Equipment Historical Data

The historical data trend for ProGreen US'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.

ProGreen US Property, Plant and Equipment Chart

ProGreen US Annual Data
Trend Dec08 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.02 1.31 - -

ProGreen US Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19
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 0.74 - 0.16 0.16 0.16

ProGreen US 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.


ProGreen US  (GREY:PGUS) 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.


ProGreen US Property, Plant and Equipment Related Terms

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ProGreen US (ProGreen US) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2667 Camino del Rio South, Suite 312, San Diego, CA, USA, 92108-3763
ProGreen US Inc is engaged in acquiring, refurbishing and upgrading income-producing residential real estate. The company acquires, refurbishes and upgrades existing properties into more environmentally sustainable, energy efficient, comfortable and healthier living spaces.

ProGreen US (ProGreen US) Headlines

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