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Red Cat Holdings (Red Cat Holdings) Gross Property, Plant and Equipment : $3.63 Mil (As of Jan. 2024)


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What is Red Cat Holdings Gross Property, Plant and Equipment?

Red Cat Holdings's quarterly gross PPE increased from Jul. 2023 ($3.54 Mil) to Oct. 2023 ($3.62 Mil) and increased from Oct. 2023 ($3.62 Mil) to Jan. 2024 ($3.63 Mil).

Red Cat Holdings's annual gross PPE increased from Apr. 2021 ($0.00 Mil) to Apr. 2022 ($1.72 Mil) and increased from Apr. 2022 ($1.72 Mil) to Apr. 2023 ($3.70 Mil).


Red Cat Holdings Gross Property, Plant and Equipment Historical Data

The historical data trend for Red Cat Holdings'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.

Red Cat Holdings Gross Property, Plant and Equipment Chart

Red Cat Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Apr20 Apr21 Apr22 Apr23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 - - 1.72 3.70

Red Cat Holdings Quarterly Data
Mar19 Jun19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.24 3.70 3.54 3.62 3.63

Red Cat Holdings 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.


Red Cat Holdings  (NAS:RCAT) 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.


Red Cat Holdings Gross Property, Plant and Equipment Related Terms

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Red Cat Holdings (Red Cat Holdings) Business Description

Industry
Traded in Other Exchanges
Address
15 Avenue Munoz Rivera, Suite 2200, San Juan, PR, USA, 00901
Red Cat Holdings Inc is a military technology company that integrates robotic hardware and software to provide critical situational awareness and actionable intelligence to on-the-ground warfighters and battlefield commanders. Its mission is to enhance the effectiveness and safety of military operations domestically and globally. Red Cat's suite of solutions includes Teal Drones, developer of the Golden Eagle, a small unmanned system with the highest resolution imaging for night-time operations, and Skypersonic, a leading provider of unmanned aircraft for interior spaces and other dangerous environments.
Executives
Allan Thomas Evans officer: CEO of Fat Shark Holdings, Ltd 1400 VILLAGE SQ BLVD, UNIT #3-80448, TALLAHASSEE FL 32312
Nick Jr Liuzza director 79 WAPPING ROAD, PORTSMOUTH RI 02871
Jeffrey M Thompson director, 10 percent owner, officer: President and CEO 5 SHELL CASTLE CLUB, PALMAS DEL MAR PR 00791
Joseph David Freedman director 945 SOUTHSIDE PLACE, NASHVILLE TN 37203
Mary Beth Long director 309 FRANKLIN STREET, ALEXANDRIA VA 22314
Christopher R. Moe director 36 PROSPECT FARM ROAD, PORTSMOUTH RI 02871
George Michael Matus officer: CEO of Teal Drones subsidiary 5200 S HIGHLAND DRIVE, SUITE 201, HOLLADAY 2J 84117
Gregory Ralph French 10 percent owner 280 RALEIGH QUAY, WEST BAY E9 KY1-1300
Brains Riding In Tanks, Llc 10 percent owner 8861 DAY AVE SW, NAVARRE OH 44662
Joseph P Hernon officer: CFO, Secretary and Treasurer 1607 PONCE DE LEON AVENUE, SUITE 407, SAN JUAN PR 00909
Patrick Thomas Mitchell director 10615 JEFFERSON HWY, BATON ROUGE LA 70809
Gary R Smith director 2401 PGA BLVD, SUITE 272, PALM BEACH GARDENS FL 33410
Lou Iii Werner director 6900 E. CAMELBACK ROAD, SUITE 1020, SCOTTSDALE AZ 85251
Jessica L Smith officer: Interim CFO 8399 E. INDIAN SCHOOL RD., SUITE 202, SCOTTSDALE AZ 85251
John M. Wise director, 10 percent owner, officer: President 7690 E. CAMELBACK ROAD, SUITE 511, SCOTTSDALE AZ 85251