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180 Degree Capital's quarterly net PPE declined from Dec. 2023 ($0.04 Mil) to Jun. 2024 ($0.02 Mil) and declined from Jun. 2024 ($0.02 Mil) to Dec. 2024 ($0.00 Mil).
180 Degree Capital's annual net PPE declined from Dec. 2022 ($0.07 Mil) to Dec. 2023 ($0.04 Mil) and declined from Dec. 2023 ($0.04 Mil) to Dec. 2024 ($0.00 Mil).
The historical data trend for 180 Degree Capital'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.
180 Degree Capital Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Property, Plant and Equipment | Get a 7-Day Free Trial |
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- | - | 0.07 | 0.04 | - |
180 Degree Capital Semi-Annual Data | ||||||||||||||||||||
Jun15 | Dec15 | Jun16 | Dec16 | Jun17 | Dec17 | Jun18 | Dec18 | Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | Jun24 | Dec24 | |
Property, Plant and Equipment | Get a 7-Day Free Trial |
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0.07 | - | 0.04 | 0.02 | - |
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:
Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:
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.
180 Degree Capital (NAS:TURN) 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.
Thank you for viewing the detailed overview of 180 Degree Capital's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.
Kevin Rendino | director | 800 SCUDDERS MILL RD, PLAINSBORO NJ 08536 |
Daniel B Wolfe | officer: Vice President | HARRIS & HARRIS GROUP, 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019 |
Bigelow Robert E Iii | officer: VP, Head of Fund Development | 7 NORTH WILLOW STREET SUITE 4B, MONTCLAIR NJ 07042 |
Alicia M Gift | officer: Treasurer, Secretary | 1450 BROADWAY, 24TH FLOOR, NEW YORK NY 10018 |
Richard P Shanley | director | 111 WEST 57TH STREET, NEW YORK NY 10019 |
Tonia L Pankopf | director | 8 SOUND SHORE DR STE 215, GREENWICH CT 06830 |
Parker Anders Weil | director | 262 MCKINLEY PLACE, RIDGEWOOD NJ 07450 |
Stacy Brandom | director | 1450 BROADWAY, NEW YORK NY 10018 |
Robert Stephen Burns | officer: Senior Vice President | 1450 BROADWAY, NEW YORK NY 10018 |
Bruce W Shewmaker | director | 12 BRIAR WOOD DRIVE, SHORT HILLS NJ 07078 |
Lucio Lanza | director | 141 CASPIAN COURT, SUNNYVALE CA 94089 |
Misti Ushio | officer: Vice President | 111 WEST 57TH STREET, NEW YORK NY 10019 |
Charles E Ramsey | director | 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019 |
Ayres W Dillaway Jr | director | 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019 |
Michael A Janse | officer: Executive Vice President | 111 WEST 57TH STREET SUITE 1100, NEW YORK NY 10019 |
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