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WaveDancer (WaveDancer) Gross Property, Plant and Equipment : $0.54 Mil (As of Mar. 2024)


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What is WaveDancer Gross Property, Plant and Equipment?

WaveDancer's quarterly gross PPE declined from Sep. 2023 ($0.77 Mil) to Dec. 2023 ($0.74 Mil) and declined from Dec. 2023 ($0.74 Mil) to Mar. 2024 ($0.54 Mil).

WaveDancer's annual gross PPE stayed the same from Dec. 2021 ($1.13 Mil) to Dec. 2022 ($0.87 Mil) but then declined from Dec. 2022 ($0.87 Mil) to Dec. 2023 ($0.74 Mil).


WaveDancer Gross Property, Plant and Equipment Historical Data

The historical data trend for WaveDancer'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.

WaveDancer Gross Property, Plant and Equipment Chart

WaveDancer 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 0.46 0.43 1.13 0.87 0.74

WaveDancer 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 0.84 0.80 0.77 0.74 0.54

WaveDancer 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.


WaveDancer  (NAS:WAVD) 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.


WaveDancer Gross Property, Plant and Equipment Related Terms

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WaveDancer (WaveDancer) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » WaveDancer Inc (NAS:WAVD) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
N/A
Address
12015 Lee Jackson Memorial Highway, Suite 210, Fairfax, VA, USA, 22033
WaveDancer Inc, formerly Information Analysis Inc is in the business of developing and maintaining information technology systems, modernizing client information systems, and performing professional services to government and commercial organizations. The company has two operating segments: the Tellenger segment provides professional services to government agencies, related to legacy software migration and modernization, developing web-based and mobile device solutions, including dynamic electronic forms development and conversion, and data analytics, and The Blockchain SCM segment is an early-stage business focused on developing, marketing, and selling a SaaS supply chain management platform built on blockchain technology.
Executives
Benoit Gerald James Jr director, officer: CEO %INFORMATION ANALYSIS INCORPORATED, 12015 LEE JACKSON MEMORIAL HWY, STE 210, FAIRFAX VA 22033
Linda L Singh director 3301 BOSTON STREET, BALTIMORE MD 21224
Paul B Becker director C/O INFORMATION ANALYSIS INCORPORATED, 12015 LEE JACKSON MEMORIAL HWY STE 210, FAIRFAX VA 22033
Timothy G Hannon officer: CFO % INFORMATION ANALYSIS INC, STE 210, FAIRFAX VA 22033
Dipaula James C Jr director C/O INFORMATION ANALYSIS INCORPORATED, STE 210, FAIRFAX VA 22033
Donald J Tringali director C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Johnson Jack L Jr director C/O INFORATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Sandor Rosenberg director, 10 percent owner, officer: Chief Executive Officer 11240 WAPLES MILL ROAD, SUITE 400, FAIRFAX VA 22030
Matthew T Sands officer: Acting Principal Financial Off C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
Bonnie K Wachtel director 1101 FOURTEENTH STREET NW, SUITE 800, WASHINGTON DC 20005
Stanley Arthur Reese officer: Chief Operating Officer
Mark T Krial director C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
William Henry Pickle director C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD, STE 201, FAIRFAX VA 22030
Richard S Derose officer: Chief Financial Officer

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