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Railtown AI Technologies (XCNQ:RAIL) Property, Plant and Equipment : C$0.12 Mil (As of Jun. 2024)


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What is Railtown AI Technologies Property, Plant and Equipment?

Railtown AI Technologies's quarterly net PPE declined from Dec. 2023 (C$0.14 Mil) to Mar. 2024 (C$0.13 Mil) and declined from Mar. 2024 (C$0.13 Mil) to Jun. 2024 (C$0.12 Mil).

Railtown AI Technologies's annual net PPE increased from Sep. 2021 (C$0.01 Mil) to Sep. 2022 (C$0.17 Mil) but then declined from Sep. 2022 (C$0.17 Mil) to Sep. 2023 (C$0.15 Mil).


Railtown AI Technologies Property, Plant and Equipment Historical Data

The historical data trend for Railtown AI Technologies'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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Railtown AI Technologies Property, Plant and Equipment Chart

Railtown AI Technologies Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Property, Plant and Equipment
0.01 0.01 0.17 0.15

Railtown AI Technologies Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.15 0.15 0.14 0.13 0.12

Railtown AI Technologies 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.


Railtown AI Technologies  (XCNQ:RAIL) 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.


Railtown AI Technologies Property, Plant and Equipment Related Terms

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Railtown AI Technologies Business Description

Traded in Other Exchanges
Address
580 Hornby Street, Suite 490, Burnaby, BC, CAN, V6C 2E7
Railtown AI Technologies Inc is engaged in the business of developing a software-as-a-service artificial intelligence solution that helps software development teams detect, analyze and fix errors quickly in their development projects. Its Platform allows for real-time exception monitoring and alerting which permits developers, team managers and executives to quickly locate, understand and correct errors in their software development projects and their root causes, thereby preventing system and application downtimes. The platform continually learns and provides actionable knowledge for every stakeholder in the company from the developers all the way up to c level management.
Executives
Cory Brandolini 10% Security Holder, Director
Paul John Courtney Woodward Director