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Global Water Resources (Global Water Resources) Property, Plant and Equipment : $328.25 Mil (As of Mar. 2024)


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What is Global Water Resources Property, Plant and Equipment?

Global Water Resources's quarterly net PPE increased from Sep. 2023 ($319.33 Mil) to Dec. 2023 ($325.06 Mil) and increased from Dec. 2023 ($325.06 Mil) to Mar. 2024 ($328.25 Mil).

Global Water Resources's annual net PPE increased from Dec. 2021 ($255.87 Mil) to Dec. 2022 ($289.63 Mil) and increased from Dec. 2022 ($289.63 Mil) to Dec. 2023 ($325.06 Mil).


Global Water Resources Property, Plant and Equipment Historical Data

The historical data trend for Global Water Resources'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.

Global Water Resources Property, Plant and Equipment Chart

Global Water Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 233.55 238.89 255.87 289.63 325.06

Global Water Resources 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 309.24 315.38 319.33 325.06 328.25

Global Water Resources 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.


Global Water Resources  (NAS:GWRS) 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.


Global Water Resources Property, Plant and Equipment Related Terms

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Global Water Resources (Global Water Resources) Business Description

Traded in Other Exchanges
N/A
Address
21410 N. 19th Avenue, Suite 220, Phoenix, AZ, USA, 85027
Global Water Resources Inc operates as a water resource management company that owns, operates, and manages water, wastewater, and recycled water utilities in strategically located communities, principally in metropolitan Phoenix, Arizona. It operate within the State of Arizona.
Executives
Andrew M. Cohn director C/O GARY GOTTO, KELLER ROHRBACK LLP, 3101 NORTH CENTRAL AVENUE, #1400, PHOENIX AZ 85012
Suzanne Michelle Kitts officer: Vice President and Controller C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVE, SUITE 220, PHOENIX AZ 85027
William S Levine director, 10 percent owner GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE #220, PHOENIX AZ 85027
Jonathan L Levine director 21410 N. 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Debra Coy director 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Christopher D Krygier officer: Chief Strategy Officer C/O GLOBAL WATER RESOURCES, INC., 21410 N. 19TH AVE, SUITE 220, PHOENIX AZ 85027
Brett Huckelbridge director C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
John Carroll Lenderking officer: VP, Water Resources C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Heather M Krupa officer: Vice President and Controller C/O GLOBAL WATER RESOURCES, INC.,, 21410 N. 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Cindy M Bowers director 21410 N 19TH AVENUE #220, PHOENIX AZ 85027
David Rousseau director C/O GLOBAL WATER RESOURCES, 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Jason Thuneman officer: Vice President C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Trevor T Hill director, 10 percent owner 21410 N 19TH AVENUE #220, PHOENIX AZ 85027
Michael J Liebman officer: See Remarks C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Jonathan C. Corwin officer: Vice President C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027