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AerSale (AerSale) Gross Property, Plant and Equipment : $136.1 Mil (As of Mar. 2024)


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What is AerSale Gross Property, Plant and Equipment?

AerSale's quarterly gross PPE declined from Sep. 2023 ($144.0 Mil) to Dec. 2023 ($140.4 Mil) and declined from Dec. 2023 ($140.4 Mil) to Mar. 2024 ($136.1 Mil).

AerSale's annual gross PPE increased from Dec. 2021 ($100.6 Mil) to Dec. 2022 ($150.0 Mil) but then declined from Dec. 2022 ($150.0 Mil) to Dec. 2023 ($140.4 Mil).


AerSale Gross Property, Plant and Equipment Historical Data

The historical data trend for AerSale'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.

AerSale Gross Property, Plant and Equipment Chart

AerSale Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 119.36 113.58 100.64 150.00 140.37

AerSale Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 145.89 136.69 144.00 140.37 136.07

AerSale 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.


AerSale  (NAS:ASLE) 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.


AerSale Gross Property, Plant and Equipment Related Terms

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AerSale (AerSale) Business Description

Industry
Traded in Other Exchanges
N/A
Address
255 Alhambra Circle, Suite 435, Coral Gables, FL, USA, 33134
AerSale Corp is an integrated, diversified global leader in aviation aftermarket products and services. It specializes in the sale, lease, and exchange of used aircraft, engines, and components, in addition to providing a broad range of maintenance, repair, and overhaul, and engineering services for commercial aircraft and components. The company operating segment includes Asset Management Solutions and TechOps. It generates maximum revenue from the Asset Management Solutions segment.
Executives
Michael Kirton director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors Cf, L.p. director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Frederick Craig Wright officer: See Remarks C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134
Benjamin Thomas Tschirhart officer: See Remarks 255 ALHAMBRA CIRCLE, SUITE 435, CORAL GABLES FL 33134
Nicholas Finazzo director, officer: See Remarks C/O AERSALE CORPORATION, 255 ALHAMBRA CIRCLE, SUITE 435, CORAL GABLES FL 33134
James Fry officer: See Remarks YRC WORLDWIDE, INC., 10990 ROE AVENUE, OVERLAND PARK KS 66211
Basil Barimo officer: See Remarks C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134
Martin Garmendia officer: See Remarks C/O AERSALE CORPORATION, 121 ALHAMBRA PLAZA, SUITE 1700, CORAL GABLES FL 33134
Andrew C Levy director 8360 S. DURANGO DRIVE, LAS VEGAS NV 89113
Judith Ann Fedder director 1843 CHEROKEE ROSE CIRCLE, MT PLEASANT SC 29466
Charles P Mcdonald officer: See Remarks HLH BUILDING, 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Gei Capital Cf, Llc director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Lgp Associates Cf, Llc director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors Side Cf, L.p. director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Claude Robert Kehler director C/O MONOCLE ACQUISITION CORPORATION, 750 LEXINGTON AVENUE, SUITE 1501, NEW YORK NY 10022