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PaySign (PaySign) Gross Property, Plant and Equipment : $6.97 Mil (As of Mar. 2024)


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What is PaySign Gross Property, Plant and Equipment?

PaySign's quarterly gross PPE declined from Sep. 2023 ($7.08 Mil) to Dec. 2023 ($7.02 Mil) and declined from Dec. 2023 ($7.02 Mil) to Mar. 2024 ($6.97 Mil).

PaySign's annual gross PPE stayed the same from Dec. 2021 ($7.44 Mil) to Dec. 2022 ($7.16 Mil) but then declined from Dec. 2022 ($7.16 Mil) to Dec. 2023 ($7.02 Mil).


PaySign Gross Property, Plant and Equipment Historical Data

The historical data trend for PaySign'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.

PaySign Gross Property, Plant and Equipment Chart

PaySign Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 7.44 7.44 7.16 7.02

PaySign 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 7.11 7.05 7.08 7.02 6.97

PaySign 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.


PaySign  (NAS:PAYS) 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.


PaySign Gross Property, Plant and Equipment Related Terms

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PaySign (PaySign) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » PaySign Inc (NAS:PAYS) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
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Address
2615 St. Rose Parkway, Henderson, NV, USA, 89052
PaySign Inc is a provider of prepaid card programs, comprehensive patient affordability offerings, digital banking services and integrated payment processing designed for businesses, consumers and government institutions. The Company creates customized, payment solutions for clients across industries, including pharmaceutical, healthcare, hospitality and retail. The company's revenues include fees generated from cardholder fees, interchange, card program management fees, transaction claims processing fees, and settlement income.
Executives
Robert Strobo officer: Secretary 1700 W. HORIZON RIDGE PARKWAY, SUITE 200, HENDERSON NV 89012
Bruce A Mina director 1700 W. HORIZON RIDGE PKWY, #200, HENDERSON NV 89012
Jeffery Bradford Baker officer: CFO 3101 HOWELL MILL RD., UNIT 223, ATLANTA GA 3
Matthew Louis Lanford officer: COO, President 11859 TAVEMA AVE,, LAS VEGAS NV 89138
Joan M Herman officer: Chief Operating Officer 1700 W. HORIZON RIDGE PARKWAY #200, HENDERSON NV 89012
Mark Newcomer director, 10 percent owner, officer: President & CEO 1700 W HORIZON RIDGE PARKWAY STE 2, HENDERSON NV 89012
Daniel Spence director, 10 percent owner, officer: CIO 1700 W HORIZON RIDGE PARKWAY STE 2, HENDERSON NV 89012
Jeffrey B Newman director C/O EURONET WORLDWIDE, INC., 3500 COLLEGE BOULEVARD, LEAWOOD KS 66211
Mark Kenneth Attinger officer: CFO 34522 N.SCOTTSDALE ROAD, SUITE 120-492, SCOTTSDALE AZ 85266
Quinn P Williams director 2375 E. CAMELBACK ROAD, STE. 700, PHOENIX AZ 85016
Daniel R Henry director 13160 BIRCH, OVERLAND PARK KS 66211
Dennis L Triplett director 1700 HORIZON RIDGE PARKWAY, #200, HENDERSON NV 89012
Brian Polan officer: Chief Financial Officer 1700 W. HORIZON RIDGE PARKWAY, SUITE 201, HENDERSON NV 89012
Anthony E Deprima director, officer: Secretary
Joya Arthur De officer: CFO 361 WISETON AVENUE, LAS VEGAS NV 89123

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