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Stabilis Solutions (Stabilis Solutions) Gross Property, Plant and Equipment : $111.89 Mil (As of Mar. 2024)


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What is Stabilis Solutions Gross Property, Plant and Equipment?

Stabilis Solutions's quarterly gross PPE increased from Sep. 2023 ($110.27 Mil) to Dec. 2023 ($111.17 Mil) and increased from Dec. 2023 ($111.17 Mil) to Mar. 2024 ($111.89 Mil).

Stabilis Solutions's annual gross PPE increased from Dec. 2021 ($101.36 Mil) to Dec. 2022 ($104.14 Mil) and increased from Dec. 2022 ($104.14 Mil) to Dec. 2023 ($111.17 Mil).


Stabilis Solutions Gross Property, Plant and Equipment Historical Data

The historical data trend for Stabilis Solutions'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.

Stabilis Solutions Gross Property, Plant and Equipment Chart

Stabilis Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.87 91.53 101.36 104.14 111.17

Stabilis Solutions 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 110.21 111.77 110.27 111.17 111.89

Stabilis Solutions 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.


Stabilis Solutions  (NAS:SLNG) 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.


Stabilis Solutions Gross Property, Plant and Equipment Related Terms

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Stabilis Solutions (Stabilis Solutions) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11750 Katy Freeway, Suite 900, Houston, TX, USA, 77079
Stabilis Solutions Inc is an energy transition company that provides turnkey clean energy production, storage, transportation, and fueling solutions using liquefied natural gas (LNG) to multiple end markets. The company provides LNG solutions to customers in diverse end markets, including aerospace, agriculture, energy, industrial, marine bunkering, mining, pipeline, remote power, and utility markets. It generates revenue by selling and delivering LNG to its customers, renting cryogenic equipment, and providing engineering and field support services. It has a geographical presence in the United States and Mexico.
Executives
Edward L Kuntz director
Ballard Westervelt T. Jr director, officer: President and CEO 601 POYDRAS STREET, SUITE 2400, NEW ORLEANS LA 70130
Matthew Morris director 1905 SHARP PL, HOUSTON TX 77019
Andrew Lewis Puhala officer: Senior Vice President & CFO 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Jch Crenshaw Holdings, Llc director, 10 percent owner 470 ORLEANS ST., 7TH FLOOR, BEAUMONT TX 77701
Benjamin J. Broussard director 1655 LOUISIANA STREET, BEAUMONT TX 77701
James Calvin Reddinger director, officer: Chief Executive Officer 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Stacey B. Crenshaw director, 10 percent owner 10375 RICHMOND AVE., SUITE 700, HOUSTON TX 77042
James George Aivalis officer: Chief Operating Officer 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Mushahid Khan director 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Peter C. Mitchell director 505 FRONT AVENUE, P.O. BOX I, COEUR D'ALENE ID 83816
Will B. Crenshaw director 1655 LOUISIANA STREET, BEAUMONT TX 77701
Lng Investment Company, Llc 10 percent owner 1655 LOUISIANA STREET, BEAUMONT TX 77701
William Charles Miller officer: Chief Operating Officer 102 SENECA PLACE, MARS PA 16046
Peacock James Hoke Ii director C/O M & I ELECTRIC INDUSTRIES, INC., 6410 LONG DRIVE, HOUSTON TX 77087