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Vision Energy (Vision Energy) Property, Plant and Equipment : $0.00 Mil (As of Mar. 2023)


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What is Vision Energy Property, Plant and Equipment?

Vision Energy's annual net PPE increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.13 Mil) but then declined from Dec. 2021 ($0.13 Mil) to Dec. 2022 ($0.00 Mil).


Vision Energy Property, Plant and Equipment Historical Data

The historical data trend for Vision Energy'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.

Vision Energy Property, Plant and Equipment Chart

Vision Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Property, Plant and Equipment
Get a 7-Day Free Trial 0.48 - - 0.13 -

Vision Energy Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.16 - - - -

Vision Energy 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.


Vision Energy  (OTCPK:VENG) 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.


Vision Energy Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Vision Energy's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Vision Energy (Vision Energy) Business Description

Traded in Other Exchanges
N/A
Address
95 Christopher Columbus Drive, 16th Floor, Jersey City, NJ, USA, 07302
Vision Energy Corp is focused on hydrogen production for transportation and power requirements to contribute to a clean energy environment. The company provides quality hydrogen production, storage, and distribution services for the hydrogen economy supply chain.
Executives
Andrew Hromyk director, officer: Co-Chief Executive Officer
Andre Jurres director, officer: Co-Chief Executive Officer RIJTUIGWEG 44, EL BERGEN-OP-ZOOM P7 4611
Arron Smyth officer: Exec VP of Corp Dev 6 CHARLWOOD DRIVE, OXSHOTT X0 KT22 0HD
Andy Hidalgo director, 10 percent owner, officer: President and CEO 140 SOUTH VILLAGE AVE, EXTON PA 19341
Judd Brammah director, 10 percent owner C/O VISION HYDROGEN CORPORATION, 95 CHRISTOPHER COLUMBUS DRIVE, 16TH FL, JERSEY CITY NJ 07302
Turquino Equity, Llc 10 percent owner C/O H/CELL ENERGY CORPORATION, 97 RIVER ROAD, FLEMINGTON NJ 08822
Matthew Hidalgo 10 percent owner, officer: Chief Financial Officer C/O H/CELL ENERGY CORPORATION, 97 RIVER ROAD, FLEMINGTON NJ 08822
Benis Paul V. Jr. officer: Executive Vice President C/O H/CELL ENERGY CORPORATION, 97 RIVER ROAD, FLEMINGTON, NJ 08822
Stephen Paul Mullane & Marie Louise Mullane As Trustee Of The Mullane Family Trust 10 percent owner 1/40 WILSON AVENUE, WOOMBYE QLD C3 04559
Charles F Benton director 600 EAGLEVIEW BOULEVARD, SUITE 300, EXTON PA 19341
Michael Doyle director ONE EAST UWCHLAN AVENUE, SUITE 301, EXTON PA 19341
James Strizki 10 percent owner, officer: EVP of Technical Services C/O H/CELL ENERGY CORPORATION, 97 RIVER ROAD, FLEMINGTON NJ 08822
Michael Strizki 10 percent owner, officer: Chief Technology Officer C/O H/CELL ENERGY CORPORATION, 97 RIVER ROAD, FLEMINGTON NJ 08822

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