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Enerpac Tool Group (Enerpac Tool Group) Gross Property, Plant and Equipment : $152.8 Mil (As of Feb. 2024)


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What is Enerpac Tool Group Gross Property, Plant and Equipment?

Enerpac Tool Group's quarterly gross PPE increased from Aug. 2023 ($150.6 Mil) to Nov. 2023 ($152.0 Mil) and increased from Nov. 2023 ($152.0 Mil) to Feb. 2024 ($152.8 Mil).

Enerpac Tool Group's annual gross PPE stayed the same from Aug. 2021 ($162.2 Mil) to Aug. 2022 ($155.7 Mil) but then declined from Aug. 2022 ($155.7 Mil) to Aug. 2023 ($150.6 Mil).


Enerpac Tool Group Gross Property, Plant and Equipment Historical Data

The historical data trend for Enerpac Tool Group's Gross 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.

Enerpac Tool Group Gross Property, Plant and Equipment Chart

Enerpac Tool Group Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 169.74 168.08 162.16 155.69 150.64

Enerpac Tool Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Gross 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 161.21 164.59 150.64 151.98 152.84

Enerpac Tool Group Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed 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.


Enerpac Tool Group  (NYSE:EPAC) Gross 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.


Enerpac Tool Group Gross Property, Plant and Equipment Related Terms

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Enerpac Tool Group (Enerpac Tool Group) Business Description

Traded in Other Exchanges
Address
N86 W12500 Westbrook Crossing, Menomonee Falls, WI, USA, 53051
Enerpac Tool Group, previously known as Actuant, provides high-precision tools, controlled-force products, and solutions for precise heavy lifting. The company operates through two segments: industrial tools and services and other. It categorizes its revenue into two parts: product sales and services, which include manpower services and rentals. Product sales is the largest contributor to the company's total revenue. Geographically, the company operates in the United States, Asia, Australia, Europe, Middle East, and other areas. The U.S. makes up the largest contribution to the company's total revenue.
Executives
James Denis officer: EVP, GC and Secretary N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Benjamin James Topercer officer: EVP - Chief HR Officer N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Anthony Peter Colucci officer: EVP - CFO N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Lynn C Minella director 5757 N GREEN BAY AVE, MILWAUKEE WI 53209
Danny L Cunningham director C/O ACTUANT CORPORATION, N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Ferland E James Jr director ALVARADO SQUARE, MS 2850, ALBUQUERQUE NM 87158
Simmons Sidney S. Ii director 562 PARK STREET, SUITE 300, JACKSONVILLE FL 32204
Markus Limberger officer: EVP, Operations N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Paul Sternlieb officer: President and CEO 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Healy Colleen director 11120 FOUR POINTS DRIVE, SUITE 100, AUSTIN TX 78726
Ricky T Dillon officer: Executive Vice President - CFO ONE SOUTH WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Scott Matthew Vuchetich officer: EVP, Mkg and Pres-Americas N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Richard D Holder director EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Bryan Johnson officer: Controller and PAO N86 W112500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Randal W Baker director, officer: Pres. and CEO 100 E WISCONSIN AVENUE, SUITE 2780, MILWAUKEE WI 53202

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