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Amfil Technologies (Amfil Technologies) Property, Plant and Equipment : $3.12 Mil (As of Jun. 2023)


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What is Amfil Technologies Property, Plant and Equipment?

Amfil Technologies's quarterly net PPE increased from Jun. 2018 ($1.75 Mil) to Jun. 2022 ($3.23 Mil) but then declined from Jun. 2022 ($3.23 Mil) to Jun. 2023 ($3.12 Mil).

Amfil Technologies's annual net PPE increased from Jun. 2018 ($1.75 Mil) to Jun. 2022 ($3.23 Mil) but then declined from Jun. 2022 ($3.23 Mil) to Jun. 2023 ($3.12 Mil).


Amfil Technologies Property, Plant and Equipment Historical Data

The historical data trend for Amfil Technologies's 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.

Amfil Technologies Property, Plant and Equipment Chart

Amfil Technologies Annual Data
Trend Jun03 Jun04 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.12 1.75 3.23 3.12

Amfil Technologies Semi-Annual Data
Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23
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 - 1.12 1.75 3.23 3.12

Amfil Technologies Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


Amfil Technologies  (OTCPK:FUNN) 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.


Amfil Technologies Property, Plant and Equipment Related Terms

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Amfil Technologies (Amfil Technologies) Business Description

Traded in Other Exchanges
N/A
Address
600 Bloor St W, Toronto, ON, CAN, M6G 1K4
Amfil Technologies Inc is engaged in the acquisition of mid-sized companies and optimizing their operations. The company through its subsidiaries is engaged in the operation of board game-themed bars and cafes in Canada and the United States; it provides hardscape, landscape & home improvement construction services such as Driveways, Fencing, Painting, Winter Services, Demolition, & other services; and it is also engaged in providing of triple function sanitization unit capable of eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators like aphids, whiteflies, and spider mites, as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals.
Executives
Roger Francis Mortimer director, 10 percent owner, officer: President 220 HIGHWAY 7, LOCUST HILL A6 L0H1J0

Amfil Technologies (Amfil Technologies) Headlines

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