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Western Uranium & Vanadium (Western Uranium & Vanadium) Property, Plant and Equipment : $15.22 Mil (As of Mar. 2024)


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What is Western Uranium & Vanadium Property, Plant and Equipment?

Western Uranium & Vanadium's quarterly net PPE increased from Sep. 2023 ($14.51 Mil) to Dec. 2023 ($14.93 Mil) and increased from Dec. 2023 ($14.93 Mil) to Mar. 2024 ($15.22 Mil).

Western Uranium & Vanadium's annual net PPE increased from Dec. 2021 ($11.78 Mil) to Dec. 2022 ($12.80 Mil) and increased from Dec. 2022 ($12.80 Mil) to Dec. 2023 ($14.93 Mil).


Western Uranium & Vanadium Property, Plant and Equipment Historical Data

The historical data trend for Western Uranium & Vanadium'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.

Western Uranium & Vanadium Property, Plant and Equipment Chart

Western Uranium & Vanadium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.75 11.74 11.78 12.80 14.93

Western Uranium & Vanadium 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 13.38 14.42 14.51 14.93 15.22

Western Uranium & Vanadium 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.


Western Uranium & Vanadium  (OTCPK:WSTRF) 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.


Western Uranium & Vanadium Property, Plant and Equipment Related Terms

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Western Uranium & Vanadium (Western Uranium & Vanadium) Business Description

Traded in Other Exchanges
Address
330 Bay Street, Suite 1400, Toronto, ON, CAN, M5H 2S8
Western Uranium & Vanadium Corp is a Canada based company involved in industrial metals and mines business sector. The company is involved in the acquisition and development of uranium and vanadium resource properties in the states of Utah and Colorado in the United States of America.
Executives
Wilder Andrew J.s. director 27 REYNOLDS LANE, KATONAH NY 10536
Bryan J Murphy director 1681 BRAMSEY DRIVE, MISSISSAUGA A6 L5J 2H9
Robert R. Klein officer: Chief Financial Officer 7 BRENTWOOD COURT, WARREN NJ 07059
Baobab Asset Management Llc 10 percent owner 3 GREENWICH OFFICE PARK, SUITE 102, GREENWICH CT 06831
George Edwinlee Glasier director, 10 percent owner, officer: Chief Executive Officer 31161 HIGHWAY 90, PO BOX 825, NUCLA CO 81424
Russell S. Fryer director, 10 percent owner, officer: Executive Chairman 3 GREENWICH OFFICE PARK, SUITE 102, GREENWICH CT 06831
Siebels Hard Asset Fund, Ltd. 10 percent owner C/O GREEN CAY PRIVATE CLIENT LTD, LYFORD CAY DRIVE, LYFORD CAY, NASSAU C5 N-7776
Skutezky Ernest Michael Rhodes director SUITE 101, 2 ROXBOROUGH STREET EAST, TORONTO A6 M4W 3V7

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