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Inspirato (Inspirato) Gross Property, Plant and Equipment : $252.0 Mil (As of Mar. 2024)


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What is Inspirato Gross Property, Plant and Equipment?

Inspirato's quarterly gross PPE declined from Sep. 2023 ($272.9 Mil) to Dec. 2023 ($255.9 Mil) and declined from Dec. 2023 ($255.9 Mil) to Mar. 2024 ($252.0 Mil).

Inspirato's annual gross PPE increased from Dec. 2021 ($24.4 Mil) to Dec. 2022 ($309.2 Mil) but then declined from Dec. 2022 ($309.2 Mil) to Dec. 2023 ($255.9 Mil).


Inspirato Gross Property, Plant and Equipment Historical Data

The historical data trend for Inspirato'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.

Inspirato Gross Property, Plant and Equipment Chart

Inspirato Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 18.87 20.34 24.36 309.17 255.92

Inspirato Quarterly Data
Dec18 Dec19 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 297.22 275.04 272.93 255.92 251.98

Inspirato 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.


Inspirato  (NAS:ISPO) 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.


Inspirato Gross Property, Plant and Equipment Related Terms

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Inspirato (Inspirato) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1544 Wazee Street, Denver, CO, USA, 80202
Inspirato Inc is a luxury travel subscription company on a mission to inspire lasting memories and relationships by changing the way family and friends experience the world. It provides solutions for (i) affluent travelers seeking superior service and certainty across a wide variety of accommodations and experiences and (ii) hospitality suppliers who want to solve pain points that include monetizing excess inventory and efficiently outsourcing the hassle involved in managing rental properties.
Executives
Robert Kaiden officer: Chief Financial Officer C/O INSPIRATO INCORPORATED, 1544 WAZEE STREET, DENVER CO 80202
Scott D Berman director C/O INSPIRATO INCORPORATED, 1544 WAZEE STREET, DENVER CO 80202
Bradley A Handler director, officer: Executive Chairman C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202
Brent L Handler director, 10 percent owner, officer: Chief Executive Officer C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202
Ann L Payne director C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202
Eric Grosse director 333 108TH AVENUE N.E., BELLEVUE WA 98004
Institutional Venture Partners Xiii, L.p. 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
David S Kallery officer: President C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202
Revolution Portico Holdings Llc 10 percent owner 1717 RHODE ISLAND AVENUE, NW, 10TH FLOOR, WASHINGTON DC 20036
Exclusive Resorts Llc 10 percent owner 1515 ARAPAHOE STREET, TOWER 3, SUITE 300, DENVER CO 80202
R Scot Sellers director C/O ARCHSTONE-SMITH, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Revolution Management Co Llc 10 percent owner 1717 RHODE ISLAND AVENUE NW, SUITE 1000, WASHINGTON DC 20036
Alps Investment Holdings Llc 10 percent owner 1717 RHODE ISLAND AVENUE, NW, 10TH FLOOR, WASHINGTON DC 20036
Millennium Technology Value Partners Ii, L.p. 10 percent owner 747 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Stephen M Case 10 percent owner 1717 RHODE ISLAND AVENUE, N.W., 9TH FLOOR, WASHINGTON DC 20036

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