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Trupanion (Trupanion) Property, Plant and Equipment : $104 Mil (As of Dec. 2023)


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What is Trupanion Property, Plant and Equipment?

Trupanion's quarterly net PPE increased from Jun. 2023 ($98 Mil) to Sep. 2023 ($101 Mil) and increased from Sep. 2023 ($101 Mil) to Dec. 2023 ($104 Mil).

Trupanion's annual net PPE increased from Dec. 2021 ($78 Mil) to Dec. 2022 ($91 Mil) and increased from Dec. 2022 ($91 Mil) to Dec. 2023 ($104 Mil).


Trupanion Property, Plant and Equipment Historical Data

The historical data trend for Trupanion'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.

Trupanion Property, Plant and Equipment Chart

Trupanion 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 70.37 72.60 77.95 90.70 103.65

Trupanion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 90.70 94.47 97.98 100.73 103.65

Trupanion 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.


Trupanion  (NAS:TRUP) 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.


Trupanion Property, Plant and Equipment Related Terms

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Trupanion (Trupanion) Business Description

Industry
Traded in Other Exchanges
Address
6100 4th Avenue South, Suite 400, Seattle, WA, USA, 98108
Trupanion Inc is a specialty insurance products provider in the United States. Its core business is the sale of insurance products tailor-made for pets, especially cats and dogs. It operates in two business segments: The subscription business segment generates revenue primarily from subscription fees related to the Company's direct-to-consumer products and Other business segment is comprised of revenue from other product offerings that generally have a business-to-business relationship and a different margin profile than our subscription business segment, including revenue from writing policies on behalf of third parties and revenue from other products and software solutions.
Executives
Steve Weinrauch officer: EVP, North Am & Vet Strategy 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Melissa Joy Hewitt officer: General Manager 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Fawwad Qureshi officer: Chief Financial Officer 6100 4TH AVENUE S, SEATTLE WA 98108
Michael Doak director 907 NW BALLARD WAY, SEATTLE WA 98107
Wei Li officer: Interim CFO 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Max Broden director 1932 WYNNTON RD, COLUMBUS GA 31999
Darryl Rawlings director, officer: Chief Executive Officer 6100 4TH AVENUE SOUTH, SUITE 200, SEATTLE WA 98108
Elizabeth Mclaughlin director C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013
Paulette R. Dodson director PETSMART, INC, 19601 N 27TH AVE, PHOENIX AZ 85027
Emily Dreyer officer: SVP, Channel Growth 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Brenna Mcgibney officer: Chief Administration Officer 309-1277 LYNN VALLEY ROAD, SUITE 400, NORTH VANCOUVER A1 V7J 0A2
Travis Worra officer: General Manager 6100 4TH AVENUE, SUITE 400, SEATTLE WA 98108
Simon Wheeler officer: EVP, Trupanion International 4TH FLOOR CHARTER HOUSE, WOODLANDS ROAD, ALTRINCHAM X0 WA14 1HF
John R Gallagher officer: General Manager 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Kalpesh Raval officer: General Manager 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108