INNSUITES HOSPITALITY TRUST PP&E Disclosure
As of January 31, 2025 and January 31, 2024, hotel properties consisted of the following:
| HOTEL SEGMENT | ||||||||
| January 31, 2025 | January 31, 2024 | |||||||
| Land | $ | 2,500,000 | $ | 2,500,000 | ||||
| Building and improvements | 11,225,376 | 11,094,373 | ||||||
| Furniture, fixtures and equipment | 4,792,854 | 4,450,747 | ||||||
| Total hotel properties | 18,518,230 | 18,045,120 | ||||||
| Less accumulated depreciation | (11,729,945 | ) | (11,028,366 | ) | ||||
| Hotel properties, net | 6,788,285 | 7,016,754 | ||||||
As of January 31, 2025 and January 31, 2024, property and equipment consisted of the following:
| CORPORATE PP&E | ||||||||
| January 31, 2025 | January 31, 2024 | |||||||
| Land | $ | $ | 7,005 | |||||
| Building and improvements | 75,662 | 75,662 | ||||||
| Furniture, fixtures and equipment | 392,878 | 392,878 | ||||||
| Total property, plant and equipment | 468,540 | 475,545 | ||||||
| Less accumulated depreciation | (445,211 | ) | (441,107 | ) | ||||
| Property, Plant and Equipment, net | $ | 23,329 | $ | 34,438 | ||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | May 1, 2025 | Showing above |
| 2024 | Apr 8, 2024 | |
| 2023 | May 2, 2023 | |
| 2022 | May 27, 2022 | |
| 2021 | May 17, 2021 | |
About PP&E Disclosures
The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.
Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.