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QuantumScape (QuantumScape) Gross Property, Plant and Equipment : $514.08 Mil (As of Mar. 2024)


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What is QuantumScape Gross Property, Plant and Equipment?

QuantumScape's quarterly gross PPE increased from Sep. 2023 ($501.87 Mil) to Dec. 2023 ($501.93 Mil) and increased from Dec. 2023 ($501.93 Mil) to Mar. 2024 ($514.08 Mil).

QuantumScape's annual gross PPE increased from Dec. 2021 ($277.22 Mil) to Dec. 2022 ($454.75 Mil) and increased from Dec. 2022 ($454.75 Mil) to Dec. 2023 ($501.93 Mil).


QuantumScape Gross Property, Plant and Equipment Historical Data

The historical data trend for QuantumScape'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.

QuantumScape Gross Property, Plant and Equipment Chart

QuantumScape Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
64.83 87.72 277.22 454.75 501.93

QuantumScape Quarterly Data
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 477.45 496.98 501.87 501.93 514.08

QuantumScape 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.


QuantumScape  (NYSE:QS) 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.


QuantumScape Gross Property, Plant and Equipment Related Terms

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QuantumScape (QuantumScape) Business Description

Industry
Traded in Other Exchanges
Address
1730 Technology Drive, San Jose, CA, USA, 95110
QuantumScape Corp is engaged in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles. It developed an anode-less cell design, which delivers high energy density while lowering material costs and simplifying manufacturing.
Executives
Jurgen Leohold director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Mohit Singh officer: Chief Development Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Kevin Hettrich officer: Chief Financial Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Jeffrey B Straubel director C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Mccarthy Michael O Iii officer: Chief Legal Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Srinivasan Sivaram officer: President C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Timothy Holme officer: Chief Technology Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Gena C Lovett director 11324 FOX CREEK FARM WAY, GREAT FALLS VA 22066
Jagdeep Singh director, 10 percent owner, officer: Chief Executive Officer, other: Chairman C/O INFINERA CORPORATION, 169 JAVA DRIVE, SUNNYVALE CA 94089
Dipender Saluja director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Fritz Prinz director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Susan Huppertz director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Justin E Mirro director, 10 percent owner, officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Jeneanne Michelle Hanley director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48034
Brad W Buss director 198 CHAMPION COURT, SAN JOSE CA 95134