GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nuran Wireless Inc (XCNQ:NUR) » Definitions » Property, Plant and Equipment

Nuran Wireless (XCNQ:NUR) Property, Plant and Equipment : C$0.79 Mil (As of Sep. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Nuran Wireless Property, Plant and Equipment?

Nuran Wireless's quarterly net PPE declined from Dec. 2022 (C$0.87 Mil) to Mar. 2023 (C$0.81 Mil) and declined from Mar. 2023 (C$0.81 Mil) to Sep. 2023 (C$0.79 Mil).

Nuran Wireless's annual net PPE declined from Oct. 2019 (C$0.41 Mil) to Oct. 2020 (C$0.31 Mil) but then increased from Oct. 2020 (C$0.31 Mil) to Dec. 2022 (C$0.87 Mil).


Nuran Wireless Property, Plant and Equipment Historical Data

The historical data trend for Nuran Wireless'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.

Nuran Wireless Property, Plant and Equipment Chart

Nuran Wireless Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Dec22
Property, Plant and Equipment
Get a 7-Day Free Trial 0.60 0.51 0.41 0.31 0.87

Nuran Wireless Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 0.88 0.83 0.87 0.81 0.79

Nuran Wireless 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.


Nuran Wireless  (XCNQ:NUR) 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.


Nuran Wireless Property, Plant and Equipment Related Terms

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


Nuran Wireless (XCNQ:NUR) Business Description

Industry
Traded in Other Exchanges
Address
2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3
Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments NaaS and Direct sales. The majority of the revenue is derived from Africa followed by Canada and so on.

Nuran Wireless (XCNQ:NUR) Headlines

No Headlines