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Capital Bancorp (Capital Bancorp) Gross Property, Plant and Equipment : $4.5 Mil (As of Mar. 2024)


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What is Capital Bancorp Gross Property, Plant and Equipment?

Capital Bancorp's quarterly gross PPE increased from Sep. 2023 ($5.3 Mil) to Dec. 2023 ($13.8 Mil) but then declined from Dec. 2023 ($13.8 Mil) to Mar. 2024 ($4.5 Mil).

Capital Bancorp's annual gross PPE increased from Dec. 2021 ($11.4 Mil) to Dec. 2022 ($11.8 Mil) and increased from Dec. 2022 ($11.8 Mil) to Dec. 2023 ($13.8 Mil).


Capital Bancorp Gross Property, Plant and Equipment Historical Data

The historical data trend for Capital Bancorp's Gross 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.

Capital Bancorp Gross Property, Plant and Equipment Chart

Capital Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 12.80 12.03 11.41 11.82 13.83

Capital Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross 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 5.37 5.49 5.30 13.83 4.50

Capital Bancorp Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed 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.


Capital Bancorp  (NAS:CBNK) Gross 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.


Capital Bancorp Gross Property, Plant and Equipment Related Terms

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Capital Bancorp (Capital Bancorp) Business Description

Industry
Traded in Other Exchanges
Address
2275 Research Boulevard, Suite 600, Rockville, MD, USA, 20850
Capital Bancorp Inc is a bank holding company. The company through its holdings operates as a commercial-focused community bank that serves businesses, not-for-profit associations, and entrepreneurs throughout the region. The bank operates through four divisions including Commercial Banking, Capital Bank Home Loans, Corporate Office, and OpenSky. Its Commercial Banking division offers banking-related services to clients, Capital Bank Home Loans division offers conventional and government-guaranteed residential mortgage loans on a nationwide basis for sale into the secondary market, while its OpenSky division provides secured credit cards on a nationwide basis to under-banked populations and those looking to rebuild their credit scores.
Executives
Jacob Dalaya officer: EVP, Chief Strategy Officer 2275 RESEARCH BLVD, SUITE 600, ROCKVILLE MD 20850
Perrine Constance E officer: SVP & CAO C/O OMNI FINANCIAL SERVICES, INC., SIX CONCOURSE PARKWAY, SUITE 2300, ATLANTA GA 30328
Mary Ann Scully director 3301 BOSTON STREET, BALTIMORE MD 21224
Jennings Walker officer: EVP, Chief Financial Officer 2275 RESEARCH BLVD, SUITE 600, ROCKVILLE MD 20850
Randall James Levitt director ONE CHURCH STREET SUITE 300, ROCKVILLE MD 20850
Steven M Poynot officer: EVP, Chief Operating Officer 8004 BRIGHT LIGHT PLACE, ELLICOTT CITY MD 21043
Gary M Kausmeyer officer: Chief Risk Officer 185 EAST MARKET STREET, WARREN OH 44481
Jeffrey Kaye officer: EVP, Chief Marketing Officer 2275 RESEARCH BLVD, SUITE 600, ROCKVILLE MD 20850
Sandeep Uthra officer: EVP & CIO 2275 RESEARCH BLVD, 6TH FLOOR, ROCKVILLE MD 20850
Fred Joseph Lewis director 2275 RESEARCH BLVD, ROCKVILLE MD 20850
Eric M. Suss officer: EVP and CHRO ONE CHURCH STREET, ROCKVILLE MD 20850
Jerome Ronnell Bailey director CAPITAL BANCORP, INC., 2275 RESEARCH BLVD, SUITE 600, ROCKVILLE MD 20850
Stephen N Ashman director
James F. Whalen director ONE CHURCH STREET, ROCKVILLE MD 20850
Joshua Bernstein director ONE CHURCH STREET, ROCKVILLE MD 20850

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