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Guild Holdings Co (Guild Holdings Co) Property, Plant and Equipment : $90.5 Mil (As of Mar. 2024)


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What is Guild Holdings Co Property, Plant and Equipment?

Guild Holdings Co's quarterly net PPE declined from Sep. 2023 ($86.1 Mil) to Dec. 2023 ($81.2 Mil) but then increased from Dec. 2023 ($81.2 Mil) to Mar. 2024 ($90.5 Mil).

Guild Holdings Co's annual net PPE declined from Dec. 2021 ($102.5 Mil) to Dec. 2022 ($88.8 Mil) and declined from Dec. 2022 ($88.8 Mil) to Dec. 2023 ($81.2 Mil).


Guild Holdings Co Property, Plant and Equipment Historical Data

The historical data trend for Guild Holdings Co'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.

Guild Holdings Co Property, Plant and Equipment Chart

Guild Holdings Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial 9.84 102.28 102.46 88.81 81.16

Guild Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 84.54 88.85 86.10 81.16 90.47

Guild Holdings Co 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.


Guild Holdings Co  (NYSE:GHLD) 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.


Guild Holdings Co Property, Plant and Equipment Related Terms

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Guild Holdings Co (Guild Holdings Co) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5887 Copley Drive, San Diego, CA, USA, 92111
Guild Holdings Co is a growth-oriented mortgage company. It operates in two segments; The origination segment operates its loan origination business throughout the United States. It is responsible for loan origination, acquisition, and sale activities. This segment is further divided into retail and correspondent channel, and The servicing segment provides a steady stream of cash flow to support the origination segment more importantly it allows for the Company to build long-standing client relationships that drive repeat and referral business back to the origination segment to recapture the client's next mortgage transaction. It is responsible for the servicing activities of all loans in its servicing portfolio. It generates a majority of its revenue from the Origination segment.
Executives
Martha E. Marcon director 4484 WILSHIRE BLVD, LOS ANGELES CA 90010
Edward Jr Bryant director 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Gioia Messinger director VICON INDUSTRIES, INC., 135 FELL COURT, HAUPPAUGE NY 11788
Patrick Joseph Duffy director, 10 percent owner 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Lisa Irene Klika officer: SEE REMARKS 5887 COPLEY DRIVE, SAN DIEGO CA 92111
David Manuel Neylan officer: See Remarks 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Mary Ann Mcgarry director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Terry Lynn Schmidt director, 10 percent owner, officer: PRESIDENT 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Barrett Horn officer: See Remarks 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Desiree Amber Elwell officer: See Remarks 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Mccarthy Partners, Llc 10 percent owner 1601 DODGE STREET, SUITE 3800, OMAHA NE 68102
Mcgarry Strategic Enterprises, Llc 10 percent owner 10666 FRANK DANIEL WAY, SAN DIEGO CA 92131
Mccarthy Capital Mortgage Investors, Llc 10 percent owner 1601 DODGE ST., SUITE 3800, OMAHA NE 68102
Michael Charles Meyer director 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Mccarthy Partners Management, Llc 10 percent owner 1601 DODGE STREET, SUITE 3800, OMAHA NE 68102