GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qualstar Corp (OTCPK:QBAK) » Definitions » Property, Plant and Equipment

Qualstar (Qualstar) Property, Plant and Equipment : $0.18 Mil (As of Sep. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Qualstar Property, Plant and Equipment?

Qualstar's quarterly net PPE declined from Mar. 2020 ($0.73 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($0.18 Mil).

Qualstar's annual net PPE declined from Dec. 2017 ($0.17 Mil) to Dec. 2018 ($0.11 Mil) but then increased from Dec. 2018 ($0.11 Mil) to Dec. 2019 ($0.80 Mil).


Qualstar Property, Plant and Equipment Historical Data

The historical data trend for Qualstar'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.

Qualstar Property, Plant and Equipment Chart

Qualstar Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Dec16 Dec17 Dec18 Dec19
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.29 0.17 0.11 0.80

Qualstar Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep22 Sep23
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 0.87 0.80 0.73 - 0.18

Qualstar 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.


Qualstar  (OTCPK:QBAK) 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.


Qualstar Property, Plant and Equipment Related Terms

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


Qualstar (Qualstar) Business Description

Traded in Other Exchanges
N/A
Address
1 Jenner, Suite 200, Irvine, CA, USA, 92618
Qualstar Corp is a U.S based provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The company's segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies. Under the Data Storage segment, it designs, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data in network computing environments. It has its geographic presence in North America, Europe.
Executives
Joy C. Hou director C/O QUALSTAR CORPORATION, 1267 FLYNN ROAD, CAMARILLO CA 93012
Steven N Bronson director, 10 percent owner, officer: Chief Executive Officer
William J Gervais 10 percent owner 1925 ANGUS AVENUE, UNIT B, SIMI VALLEY CA 93063
Leonard Hagan director 650 THOMAS AVENUE, BALDWIN NY 11510
Bkf Capital Group Inc 10 percent owner 1 JENNER, SUITE 200, IRVINE CA 92618
Bkf Asset Holdings, Inc. 10 percent owner 3990-B HERITAGE OAK COURT, SIMI VALLEY CA 93063
David John Wolenski director 5328 W. BURGUNDY PL., LITTLETON CO 80123
Nicholas Yarymovych director 1716 ADDISON ROAD, PALOS VERDES ESTATES CA 90274
Louann Negrete officer: Chief Financial Officer 31248 OAK CREST DR. SUITE 120, WESTLAKE VILLAGE CA 91361
Miller Lloyd I Iii 10 percent owner
Sean Michael Leder director 31248 OAK CREST DRIVE, SUITE 120, WEST LAKE VILLAGE CA 91361
Jan Daniel Ko Chieh officer: Executive Vice President 4401 MAR ESCARPA, SAN CLEMENTE CA 92673
William J Lurie officer: VP Engineering 3990-B HERITAGE OAK CT., SIMI VALLEY CA 93063
Dale Edward Wallis director 2221 SW 118TH STREET, OKLAHOMA CITY OK 73170
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081

Qualstar (Qualstar) Headlines

From GuruFocus

Qualstar Corp. (QBAK) CEO William J Gervais buys 9,550 Shares

By GuruFocus Research GuruFocus Editor 11-25-2010

Qualstar Corp. (QBAK) CEO William J Gervais buys 3,000 Shares

By GuruFocus Research GuruFocus Editor 11-20-2009

Qualstar Corp. (QBAK) CEO William J Gervais buys 3,500 Shares

By GuruFocus Research GuruFocus Editor 02-17-2011

Qualstar Corp. (QBAK) CEO William J Gervais buys 2,100 Shares

By GuruFocus Research GuruFocus Editor 03-09-2010

Qualstar Corp. (QBAK) CEO William J Gervais buys 3,000 Shares

By GuruFocus Research GuruFocus Editor 05-19-2010

Qualstar Corp. (QBAK) CEO William J Gervais buys 13,700 Shares

By GuruFocus Research GuruFocus Editor 11-19-2010

Qualstar Corp. (QBAK) CEO William J Gervais buys 2,200 Shares

By GuruFocus Research GuruFocus Editor 06-15-2010

Qualstar Corp. (QBAK) CEO William J Gervais buys 2,000 Shares

By GuruFocus Research GuruFocus Editor 11-17-2010

Qualstar Corp. (QBAK) CEO William J Gervais buys 6,900 Shares

By GuruFocus Research GuruFocus Editor 03-10-2010