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Dynex Capital (Dynex Capital) Gross Property, Plant and Equipment : $0.0 Mil (As of Mar. 2024)


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What is Dynex Capital Gross Property, Plant and Equipment?


Dynex Capital Gross Property, Plant and Equipment Historical Data

The historical data trend for Dynex Capital'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.

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Dynex Capital Gross Property, Plant and Equipment Chart

Dynex Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
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Dynex Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Dynex Capital 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.


Dynex Capital  (NYSE:DX) 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.


Dynex Capital Gross Property, Plant and Equipment Related Terms

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Dynex Capital (Dynex Capital) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dynex Capital Inc (NYSE:DX) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
Address
4991 Lake Brook Drive, Suite 100, Glen Allen, Richmond, VA, USA, 23060-9245
Dynex Capital Inc is a real estate investment trust. The company primarily invests in residential and commercial mortgage-backed securities. Its investments consist principally of Agency mortgage-backed securities including residential MBS and commercial MBS.
Executives
David H. Stevens director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Joy D Palmer director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Julia Lynn Coronado director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Michael R Hughes director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Robert A Salcetti director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Robert S Colligan officer: EVP and CFO 1211 AVENUE OF THE AMERICAS, STE 2902, NEW YORK NY 10036
Jeffrey L Childress officer: Vice President and Controller C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DR., SUITE 100, GLEN ALLEN VA 23060
Byron L Boston director, officer: CEO and Co-CIO 4231 WALNUT RD, JACKSONVILLE FL 32257
Smriti Laxman Popenoe officer: President and Co-CIO 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Stephen J Benedetti officer: Exec. V.P., CFO, Treas & Sec.
Barry Igdaloff director
Valerie Mosley director TWO INTERNATIONAL PLACE, BOSTON MA 02110
Thomas B Akin director 2400 BRIDGEWAY # 200, SUITE 200, SAUSALITO CA 94965
Wheat James C Iii director 901 EAST BYRD STREET 13TH FLOOR, RIVERFRONT PLAZA, RICHMOND VA 23219
Daniel K Osborne director 4551 COX ROAD, SUITE 300, GLEN ALLEN VA 23060