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Marathon Bancorp (Marathon Bancorp) Property, Plant and Equipment : $4.12 Mil (As of Mar. 2024)


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What is Marathon Bancorp Property, Plant and Equipment?

Marathon Bancorp's quarterly net PPE increased from Sep. 2023 ($3.70 Mil) to Dec. 2023 ($3.97 Mil) and increased from Dec. 2023 ($3.97 Mil) to Mar. 2024 ($4.12 Mil).

Marathon Bancorp's annual net PPE declined from Jun. 2021 ($1.85 Mil) to Jun. 2022 ($1.68 Mil) but then increased from Jun. 2022 ($1.68 Mil) to Jun. 2023 ($2.13 Mil).


Marathon Bancorp Property, Plant and Equipment Historical Data

The historical data trend for Marathon Bancorp'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.

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Marathon Bancorp Property, Plant and Equipment Chart

Marathon Bancorp Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Property, Plant and Equipment
1.97 1.85 1.68 2.13

Marathon Bancorp Quarterly Data
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 2.21 2.13 3.70 3.97 4.12

Marathon Bancorp 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.


Marathon Bancorp  (OTCPK:MBBC) 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.


Marathon Bancorp Property, Plant and Equipment Related Terms

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Marathon Bancorp (Marathon Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
500 Scott Street, Wausau, WI, USA, 54403
Marathon Bancorp Inc is a Wisconsin-chartered savings bank. It is a community-oriented bank offering a variety of financial products and services to meet the needs of customers. The primary deposit products are demand deposits, savings, and certificates of deposits; and prime lending products are commercial real estate, commercial and industrial, construction, one-to-four-family residential, multifamily real estate, and consumer loans. The majority of the Company's revenues come from interest income on loans and debt securities available for sale.
Executives
Nicholas W Zillges director, officer: President and CEO 500 SCOTT STREET, WAUSAU WI 54403
Joy Selting-buchberger officer: SVP and CFO 500 SCOTT STREET, WAUSAU WI 54403
Michelle Knopf officer: EVP/Dir. of Mortgage Services 500 SCOTT STREET, WAUSAU WI 54403
Terry Cornish officer: SVP and CCO 500 SCOTT STREET, WAUSAU WI 54403
Nora Spatz officer: EVP and CAO 500 SCOTT STREET, WAUSAU WI 54403
Amy Zientara director, other: Chairwoman of the Board 500 SCOTT STREET, WAUSAU WI 54403
Thomas L Grimm director 500 SCOTT STREET, WAUSAU WI 54403
Timothy R Wimmer director 500 SCOTT STREET, WAUSAU WI 54403
Ann M Werth director 500 SCOTT STREET, WAUSAU WI 54403
Thomas Terwilliger director 500 SCOTT STREET, WAUSAU WI 54403
Mhc Marathon 10 percent owner 500 SCOTT STREET, WAUSAU WI 54403

Marathon Bancorp (Marathon Bancorp) Headlines

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