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AgEagle Aerial Systems (AgEagle Aerial Systems) Property, Plant and Equipment : $3.78 Mil (As of Mar. 2024)


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What is AgEagle Aerial Systems Property, Plant and Equipment?

AgEagle Aerial Systems's quarterly net PPE increased from Sep. 2023 ($4.10 Mil) to Dec. 2023 ($4.33 Mil) but then declined from Dec. 2023 ($4.33 Mil) to Mar. 2024 ($3.78 Mil).

AgEagle Aerial Systems's annual net PPE increased from Dec. 2021 ($2.97 Mil) to Dec. 2022 ($4.74 Mil) but then declined from Dec. 2022 ($4.74 Mil) to Dec. 2023 ($4.33 Mil).


AgEagle Aerial Systems Property, Plant and Equipment Historical Data

The historical data trend for AgEagle Aerial Systems'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.

AgEagle Aerial Systems Property, Plant and Equipment Chart

AgEagle Aerial Systems 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 0.04 0.38 2.97 4.74 4.33

AgEagle Aerial Systems 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 4.48 4.20 4.10 4.33 3.78

AgEagle Aerial Systems 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.


AgEagle Aerial Systems  (AMEX:UAVS) 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.


AgEagle Aerial Systems Property, Plant and Equipment Related Terms

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AgEagle Aerial Systems (AgEagle Aerial Systems) Business Description

Traded in Other Exchanges
Address
8863 East. 34th Street North, Wichita, KS, USA, 67226
AgEagle Aerial Systems Inc is a provider of drone imagery data analytics for the precision and sustainable agriculture markets. It designs, produces, distributes, and supports technologically- advanced small unmanned aerial systems (UAVs) that it offers for sale commercially to the precision agriculture industry. Its segments include Drones, Sensors and Software-as-a-Service (SaaS). The company's majority revenue is derived primarily through the sales of drones and drone-related products.
Executives
Barrett Mooney director, officer: Chairman and CEO C/O AGEAGLE AERIAL SYSTEMS, INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Nicole M. Fernandez-mcgovern officer: Chief Financial Officer C/O AGEAGLE AERIAL SYSTEMS INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Kelly Anderson director C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212
Grant A Begley director 420 ROYAL PALM WAY, SUITE 100, PALM BEACH FL 33480
Thomas J Gardner director C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Michael D O'sullivan officer: Chief Commercial Officer C/O AGEAGLE AERIAL SYSTEMS, INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Bret Chilcott director, officer: CEO, President, Secretary C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Michael Drozd officer: Chief Executive Officer 117 S. 4TH STREET, NEODESHA KS 66757
Kull Corbett director C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4 STREET, NEODESHA KS 66757
Louis G Schott officer: Chief Financial Officer 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
Scott R Burell director 6500 HARBOUR HEIGHTS PKWY #303, MUKILTEO WA 98275
Lindsay Katrina Edwards director C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Kent Roach officer: Executive Vice President 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
David L Kunovic officer: Vice President of Exploration 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209

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