GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Impact Development Group Inc (TSXV:IMPT) » Definitions » Property, Plant and Equipment

Impact Development Group (TSXV:IMPT) Property, Plant and Equipment : C$0.08 Mil (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Impact Development Group Property, Plant and Equipment?

Impact Development Group's quarterly net PPE declined from Dec. 2023 (C$0.17 Mil) to Jun. 2024 (C$0.09 Mil) and declined from Jun. 2024 (C$0.09 Mil) to Sep. 2024 (C$0.08 Mil).

Impact Development Group's annual net PPE declined from Dec. 2021 (C$17.82 Mil) to Dec. 2022 (C$0.85 Mil) and declined from Dec. 2022 (C$0.85 Mil) to Dec. 2023 (C$0.17 Mil).


Impact Development Group Property, Plant and Equipment Historical Data

The historical data trend for Impact Development Group'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.

Impact Development Group Property, Plant and Equipment Chart

Impact Development Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
19.95 18.55 17.82 0.85 0.17

Impact Development Group Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 18.60 18.58 0.17 0.09 0.08

Impact Development Group 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.


Impact Development Group  (TSXV:IMPT) 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.


Impact Development Group Property, Plant and Equipment Related Terms

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


Impact Development Group Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9
Impact Development Group Inc is a Panamanian-based real estate developer that provides affordable housing solutions to Panama's growing middle class supported by a longstanding subsidized government program. The vision of IHC Panama is effectuated by a vertically integrated model that coordinates all services necessary to develop high-quality residential and commercial buildings, including land acquisition, financing, architectural, engineering, off-site manufacturing, general contracting, property management, and administration.

Impact Development Group Headlines

No Headlines