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T Stamp (T Stamp) Gross Property, Plant and Equipment : $4.41 Mil (As of Mar. 2024)


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What is T Stamp Gross Property, Plant and Equipment?

T Stamp's quarterly gross PPE increased from Sep. 2023 ($4.09 Mil) to Dec. 2023 ($4.25 Mil) and increased from Dec. 2023 ($4.25 Mil) to Mar. 2024 ($4.41 Mil).

T Stamp's annual gross PPE increased from Dec. 2021 ($2.69 Mil) to Dec. 2022 ($4.10 Mil) and increased from Dec. 2022 ($4.10 Mil) to Dec. 2023 ($4.25 Mil).


T Stamp Gross Property, Plant and Equipment Historical Data

The historical data trend for T Stamp'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.

T Stamp Gross Property, Plant and Equipment Chart

T Stamp Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 1.72 2.20 2.69 4.10 4.25

T Stamp Quarterly Data
Dec17 Dec18 Dec19 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 3.82 4.02 4.09 4.25 4.41

T Stamp 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.


T Stamp  (NAS:IDAI) 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.


T Stamp Gross Property, Plant and Equipment Related Terms

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T Stamp (T Stamp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » T Stamp Inc (NAS:IDAI) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
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Address
3017 Bolling Way NE, Floors 1 and 2, Atlanta, GA, USA, 30305
T Stamp Inc develops and markets identity authentication software solutions for enterprise partners and peer-to-peer markets. The company is engaged in developing proprietary artificial intelligence-powered solutions; researching and leveraging biometric science, cryptography, and data mining to deliver insightful identity & trust predictions while identifying and defending against fraudulent identity attacks.
Executives
Charles Edward Potts director 1024 LOS ANGELES AVE NE, ATLANTA GA 30306
Sally R Hanna 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Andrew Carl Gowasack director, officer: President 4733, WOODLAND BROOK CT SE, ATLANTA GA 30339
Alexander Valdes officer: Chief Financial Officer 8402 ADALINA PL, ORLANDO FL 32827
Kristin Stafford director 325 MAYES FARM TRAIL, NE, MARIETTA GA 30064
William Mcclintock director 11, BEISLLEY PLACE MORTIMER DRIVE, ROMSEY, HAMPSHIRE X0 SO51 0EN
Tracy Ming officer: Financial Controller 5444 STONE COVE DRIVE SW, ATLANTA GA 30331
Joshua Allen director, officer: Executive Vice President 134A, TOWER ROAD APT 2, SLIEMA O1 SLM 1551
David Story director APOLLO HOUSE, PORTSMOUTH ROAD, HINDHEAD X0 GU26 6FQ
Gareth Neville Genner director, officer: Chief Executive Officer E5-901 FORT CAMBRIDGE, TIGNE STREET, SLIEMA O1 SLM3060
Reach Ventures 2017 Lp 10 percent owner 430 NORTH MICHIGAN AVENUE, 9TH FLOOR, CHICAGO IL 60611
Berta Pappenheim director 117 SANTA LUCIJA STREET, NAXXAR O1 NXR1503
Mark Birschbach director 430 NORTH MICHIGAN AVE NINTH FLOOR, CHICAGO IL 60611
Second Century Ventures, Llc 10 percent owner 430 N. MICHIGAN AVE., CHICAGO IL 60611

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