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United Community Bancorp (United Community Bancorp) Property, Plant and Equipment : $6.28 Mil (As of Mar. 2018)


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What is United Community Bancorp Property, Plant and Equipment?

United Community Bancorp's quarterly net PPE declined from Sep. 2017 ($6.54 Mil) to Dec. 2017 ($6.39 Mil) and declined from Dec. 2017 ($6.39 Mil) to Mar. 2018 ($6.28 Mil).

United Community Bancorp's annual net PPE declined from Jun. 2015 ($7.02 Mil) to Jun. 2016 ($6.88 Mil) and declined from Jun. 2016 ($6.88 Mil) to Jun. 2017 ($6.60 Mil).


United Community Bancorp Property, Plant and Equipment Historical Data

The historical data trend for United Community Bancorp'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.

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United Community Bancorp Property, Plant and Equipment Chart

United Community Bancorp Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.12 7.02 6.88 6.60 -

United Community Bancorp Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 6.60 6.54 6.39 6.28 -

United Community Bancorp 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.


United Community Bancorp  (NAS:UCBA) 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.


United Community Bancorp Property, Plant and Equipment Related Terms

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United Community Bancorp (United Community Bancorp) Business Description

Traded in Other Exchanges
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Address
United Community Bancorp is a bank holding company for United Community Bank and successor corporation to old United Community Bancorp. Bancorp through its bank holding operates as a community-oriented financial institution offering banking services and products to consumers and businesses. Bank offers personal and business banking solutions including, savings, e-Banking, mobile banking, agriculture lending, business loans and cash management. Bank also offers traditional savings and loan product, and attracts deposits from the general public and local municipalities and uses those funds to originate one- to four-family real estate, multi-family real estate and nonresidential real estate, construction, commercial and consumer loans.
Executives
William F Ritzmann director, officer: President and CEO 19813 LAKEVIEW DRIVE, LAWRENCEBURG IN 47025
W Michael Mclaughlin officer: Senior V.P. 18543 RUNNING DEER LANE, LAWRENCEBURG IN 47025
Elmer G Mclaughlin director, officer: Exec. V.P. & COO 18817 PERSIMMON WOODS COURT, LAWRENCEBURG IN 47025