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OneSpaWorld Holdings (OneSpaWorld Holdings) Property, Plant and Equipment : $30.8 Mil (As of Mar. 2024)


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What is OneSpaWorld Holdings Property, Plant and Equipment?

OneSpaWorld Holdings's quarterly net PPE increased from Sep. 2023 ($26.6 Mil) to Dec. 2023 ($27.1 Mil) and increased from Dec. 2023 ($27.1 Mil) to Mar. 2024 ($30.8 Mil).

OneSpaWorld Holdings's annual net PPE increased from Dec. 2021 ($14.1 Mil) to Dec. 2022 ($28.4 Mil) but then declined from Dec. 2022 ($28.4 Mil) to Dec. 2023 ($27.1 Mil).


OneSpaWorld Holdings Property, Plant and Equipment Historical Data

The historical data trend for OneSpaWorld Holdings'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.

OneSpaWorld Holdings Property, Plant and Equipment Chart

OneSpaWorld Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial 22.74 17.06 14.11 28.45 27.14

OneSpaWorld Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 28.45 27.70 26.57 27.14 30.84

OneSpaWorld Holdings 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.


OneSpaWorld Holdings  (NAS:OSW) 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.


OneSpaWorld Holdings Property, Plant and Equipment Related Terms

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OneSpaWorld Holdings (OneSpaWorld Holdings) Business Description

Traded in Other Exchanges
Address
Pineapple Business Park, Office Number 2, P.O. Box N-624, Airport Industrial Park, Nassau, BHS
OneSpaWorld Holdings Ltd is an operator of health and wellness centers onboard cruise ships and an operator of health and wellness centers at destination resorts worldwide. It offers a suite of premium health, fitness, beauty, and wellness services and products. The services provided by the company include body, salon, and skin care services and products, fitness classes and personal fitness training and pain management, detoxifying programs, and comprehensive body composition analyses among others. The company has only one single segment of Maritime and Destination Resorts.
Executives
Steiner Leisure Ltd director, 10 percent owner STE 104A, SAFFREY SQ, NASSAU C5 00000
Andrew R Heyer director 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Walter Field Mclallen director 1225 17TH AVE SOUTH, NASHVILLE TN 37212
Lisa Myers director LOBOSKY MANAGEMENT CO. LTD., OFFICE #2, AIRPORT INDUSTRIAL PARK, BOX N-624, NASSAU C5 0000
Stephen Lazarus officer: See Remarks C/O STEINER MANAGEMENT SERVICES, 770 S. DIXIE HWY. #200, CORAL GABLES FL 33145
Leonard I Fluxman director, officer: Executive Chairman STEINER LEISURE LIMITED, 770 S DIXIE HIGHWAY SUITE 200, CORAL GABLES FL 33146
Steven J Heyer director, officer: Vice Chairman 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Stephen W. Powell director 770 S. DIXIE HIGHWAY, SUITE 200, CORAL GABLES FL 33146
Glenn Fusfield director, officer: Chief Executive Officer STEINER LEISURE LTD, 770 SOUTH DIXIE HIGHWAY SUITE 200, CORAL GABLES FL 33146
Susan Reardon Bonner officer: Chief Commercial Officer C/O ONESPAWORLD, 770 SOUTH DIXIE HIGHWAY, CORAL GABLES FL 33146
Adam Hasiba director 770 SOUTH DIXIE HWY, SUITE 200, CORAL GABLES FL 33146
Maryam Banikarim director C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Marc Magliacano director C/O CATTERTON MANAGEMENT COMPANY LLC, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Jeffrey E Stiefler director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Nemo Investor Aggregator, Ltd 10 percent owner C/O CATTERTON MANAGEMENT COMPANY LLC, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830