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Red Trail Energy LLC (Red Trail Energy LLC) Gross Property, Plant and Equipment : $161.5 Mil (As of Mar. 2024)


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What is Red Trail Energy LLC Gross Property, Plant and Equipment?

Red Trail Energy LLC's quarterly gross PPE increased from Sep. 2023 ($160.9 Mil) to Dec. 2023 ($161.2 Mil) and increased from Dec. 2023 ($161.2 Mil) to Mar. 2024 ($161.5 Mil).

Red Trail Energy LLC's annual gross PPE increased from Sep. 2021 ($137.0 Mil) to Sep. 2022 ($157.0 Mil) and increased from Sep. 2022 ($157.0 Mil) to Sep. 2023 ($160.9 Mil).


Red Trail Energy LLC Gross Property, Plant and Equipment Historical Data

The historical data trend for Red Trail Energy LLC'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 Trail Energy LLC Gross Property, Plant and Equipment Chart

Red Trail Energy LLC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.40 113.19 136.97 156.99 160.87

Red Trail Energy LLC Quarterly Data
Jun19 Sep19 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 Premium Member Only 159.73 160.15 160.87 161.22 161.53

Red Trail Energy LLC 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 Trail Energy LLC  (OTCPK:REGX) 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 Trail Energy LLC Gross Property, Plant and Equipment Related Terms

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Red Trail Energy LLC (Red Trail Energy LLC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3682 Highway 8 South, P.O. Box 11, Richardton, ND, USA, 58652
Red Trail Energy LLC is USA based firm engaged in constructing, owning, and operating a fuel-grade ethanol plant near Richardton, North Dakota in western North Dakota. The company's product offering includes ethanol, distillers' grains, and corn oil.
Executives
Jodi Marie Johnson officer: Chief Financial Officer PO BOX 513, MEDORA ND 58645
Anthony Lee Mock director 5665 22ND AVE SE, KINTYRE ND 58549
Kent Wayne Anderson officer: Chief Financial Officer 1767 PRAIRIE AVENUE, DICKINSON ND 58601
Calvin Diehl officer: Chief Executive Officer 3682 HIGHWAY 8 SOUTH, P O BOX 11, RICHARDTON ND 58652
Gerald Bachmeier officer: Interim Chief Executive Office 20897 467TH AVE, MORRIS MN 56267
Sidney A Mauch director 712 WYNDEMERE DRIVE, WEST FARGO ND 58078
Mike Appert director 755 HIGHWAY 34, HAZELTON ND 58544
William Price director 2273 RIVER ROAD, PRICE ND 58530
Jody Hoff director 8601 HIGHWAY 10 EAST, RICHARDTON ND 58652
Mark Klempel officer: Chief Financial Officer 3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652
Mick J Miller officer: President 3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652
Roger N Berglund director 104 9TH AVENUE NW, BOWMAN ND 58623
Frank Kirschenheiter director 322 12TH AVENUE WEST, RICHARDTON ND 58652
Tim Meuchel director 510 MAIN AVENUE, HEBRON ND 58638
Bonnie G Eckelberg officer: Chief Financial Officer 3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652

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