GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Teton Advisors Inc (OTCPK:TETAB) » Definitions » Property, Plant and Equipment

Teton Advisors (Teton Advisors) Property, Plant and Equipment : $0.11 Mil (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Teton Advisors Property, Plant and Equipment?

Teton Advisors's quarterly net PPE increased from Sep. 2023 ($0.06 Mil) to Dec. 2023 ($0.14 Mil) but then declined from Dec. 2023 ($0.14 Mil) to Mar. 2024 ($0.11 Mil).

Teton Advisors's annual net PPE declined from Dec. 2021 ($0.39 Mil) to Dec. 2022 ($0.22 Mil) and declined from Dec. 2022 ($0.22 Mil) to Dec. 2023 ($0.14 Mil).


Teton Advisors Property, Plant and Equipment Historical Data

The historical data trend for Teton Advisors'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.

Teton Advisors Property, Plant and Equipment Chart

Teton Advisors Annual Data
Trend Dec21 Dec22 Dec23
Property, Plant and Equipment
0.39 0.22 0.14

Teton Advisors Quarterly Data
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 0.16 0.11 0.06 0.14 0.11

Teton Advisors 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.


Teton Advisors  (OTCPK:TETAB) 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.


Teton Advisors Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Teton Advisors's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Teton Advisors (Teton Advisors) Business Description

Traded in Other Exchanges
Address
189 Mason Street, Greenwich, CT, USA, 06830
Teton Advisors Inc is a multi asset manager company uncovering opportunities within inefficient markets, and are pioneer in micro, small and mid-cap value investing. It offers a product suite of mutual funds and separate account strategies, With complementary investment teams expanding research coverage across the platform and marketing efforts levered against a larger organization. The company aims at value creation for both clients and shareholders. The Company operates in one business segment that is the investment advisory and asset management business.
Executives
Howard F. Ward director 401 THEODORE FREMD AVENUE, RYE NY 10580
Jeffrey M Farber officer: Chief Financial Officer C/O THE HANOVER INSURANCE GROUP, 440 LINCOLN STREET, WORCESTER MA 01653
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Bruce N Alpert director, officer: Chairman C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Douglas R Jamieson director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Mjg Iv Limited Partnership 10 percent owner
Edward T Tokar director
Westwood Management Corp /tx 10 percent owner 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Nicholas F. Galluccio director, officer: CEO & President C/O TETON ADVISORS, INC., 401 THEODORE FREMD AVENUE, RYE NY 10580
Alfred W. Fiore director C/O TETON ADVISORS, INC., 401 THEODORE FREMD AVENUE, RYE NY 10580

Teton Advisors (Teton Advisors) Headlines

From GuruFocus

Teton Advisors Announces Small Cap Opportunities Team

By PRNewswire PRNewswire 03-01-2021