GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » hhgregg Inc (OTCPK:HGGG) » Definitions » Property, Plant and Equipment

hhgregg (hhgregg) Property, Plant and Equipment : $87 Mil (As of Mar. 2016)


View and export this data going back to 2007. Start your Free Trial

What is hhgregg Property, Plant and Equipment?

hhgregg's quarterly net PPE declined from Mar. 2014 ($194 Mil) to Mar. 2015 ($128 Mil) and declined from Mar. 2015 ($128 Mil) to Mar. 2016 ($87 Mil).

hhgregg's annual net PPE declined from Mar. 2014 ($194 Mil) to Mar. 2015 ($128 Mil) and declined from Mar. 2015 ($128 Mil) to Mar. 2016 ($87 Mil).


hhgregg Property, Plant and Equipment Historical Data

The historical data trend for hhgregg's 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.

hhgregg Property, Plant and Equipment Chart

hhgregg Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 204.27 217.91 193.88 128.11 87.47

hhgregg Semi-Annual Data
Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
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 204.27 217.91 193.88 128.11 87.47

hhgregg Property, Plant and Equipment Calculation

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


hhgregg  (OTCPK:HGGG) 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.


hhgregg Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of hhgregg's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


hhgregg (hhgregg) Business Description

Traded in Other Exchanges
N/A
Address
4151 East 96th Street, Indianapolis, IN, USA, 46240
hhgregg Inc is a part of the retail sector. It is a multi-regional retailer which provides an extensive selection of premium appliances, consumer electronics, home products and computers and tablets in its brick-and-mortar stores in the United States via hhgregg.com. The company's sales are categorized into four products; Appliances, which include refrigerators, cooking ranges, dishwashers; Consumer electronics such as 4K and OLED televisions and audio systems; Home Products which include furniture and mattresses and computer systems.
Executives
Aaron Trahan officer: Chief Merchandising Officer 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Michael Andretti director 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Thomas Joseph Schuetz officer: Chief Information Officer 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Samuel J Johnson officer: Chief Retail Officer 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Kenneth Kocher director GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Kevin Kovacs officer: Principal Accounting Officer HHGREGG INC., 4151 EAST 96TH STREET, INDIANAPOLIS IN 46420
William P Carmichael director 3308 N. MITTHOEFFER ROAD, INDIANAPOLIS IN 46235
Catherine A Langham director LANGHAM LOGISTICS, INC., 5335 WEST 74TH STREET, INDIANAPOLIS IN 46268
Keith M Zimmerman officer: Chief Merchandising Officer HHGREGG, INC., 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Robert James Riesbeck officer: Chief Financial Officer 100 PIER 1 PLACE, FORT WORTH TX 76102
Troy H Risch officer: Chief Operating Officer 300 RADIOSHACK CIRCLE, MS CF3-203, FORT WORTH TX 76102
Andrew S Giesler officer: INTERIM CFO 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Julie Clare Lyle officer: Chief Marketing Officer 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Greg Bettinelli director 4151 EAST 96TH STREET, INDIANAPOLIS IN 46240
Jeffery G Haines officer: Chief Merchandising Officer 4151 EAST 96TH STREET, INDIANAPOLIS IN 46240

hhgregg (hhgregg) Headlines

From GuruFocus

Herb Singh's hhgregg Presentation From Value X Vail 2015

By Canadian Value Canadian Value 07-28-2015

HGG hhgregg Analysis

By dollarwise 07-29-2011

Operating Leases Not Created Equal

By Barel Karsan Barel Karsan 08-07-2012

hhgregg: Q1 Results

By The Science of Hitting The Science of Hitting 08-05-2011

hhgregg: Back in Value Territory

By Barel Karsan Barel Karsan 01-17-2012

hhgregg Inc. (HGG) CFO Jeremy Aguilar sells 6,000 Shares

By GuruFocus Research GuruFocus Editor 08-30-2010

hhgregg Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-05-2009

hhgregg Inc. (HGG) CFO Jeremy Aguilar sells 9,334 Shares

By GuruFocus Research GuruFocus Editor 11-15-2010

hhgregg Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 02-08-2011