December 31,

  

December 31,

 
  

2024

  

2023

 
         
  

(in thousands)

 

Land

 $7,715  $5,052 

Land improvements

  13,158   13,853 

Buildings

  22,976   22,869 

Machinery and equipment

  9,124   10,500 

Construction in progress

  1,367   - 

Total property and equipment

  54,340   52,274 

Less accumulated depreciation

  (36,939)  (36,215)

Property and equipment, net

 $17,401  $16,059 
Free Sentinel

Want the next MAUI LAND & PINEAPPLE CO INC pp&e disclosure the moment it drops?

Set a Sentinel and we'll alert you the moment MAUI LAND & PINEAPPLE CO INC's next filing hits EDGAR. No credit card, your email never gets sold.

Track for free

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.