Stock Analysis on Net

Fidelity National Information Services Inc. (NYSE:FIS)

$22.49

This company has been moved to the archive! The financial data has not been updated since May 2, 2023.

Analysis of Property, Plant and Equipment

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

  • Get full access to the entire website from $10.42/mo, or

  • get 1-month access to Fidelity National Information Services Inc. for $22.49.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Apple Pay Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Property, Plant and Equipment Disclosure

Fidelity National Information Services Inc., balance sheet: property, plant and equipment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Land
Buildings
Leasehold improvements
Computer equipment
Furniture, fixtures, and other equipment
Property and equipment, cost
Accumulated depreciation and amortization
Property and equipment, net

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Item Description The company
Property and equipment, cost Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Fidelity National Information Services Inc. property and equipment, cost increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Fidelity National Information Services Inc. property and equipment, net increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.

Asset Age Ratios (Summary)

Fidelity National Information Services Inc., asset age ratios

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Average age ratio
Estimated total useful life (years)
Estimated age, time elapsed since purchase (years)
Estimated remaining life (years)

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Asset age ratio Description The company
Average age ratio As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient. Fidelity National Information Services Inc. average age ratio of depreciable property, plant and equipment deteriorated from 2020 to 2021 and from 2021 to 2022.
Estimated total useful life Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors. Fidelity National Information Services Inc. estimated total useful life of depreciable property, plant and equipment increased from 2020 to 2021 but then slightly decreased from 2021 to 2022.
Estimated time elapsed since purchase The approximate age in years of a company fixed assets. Useful for comparison purposes. Fidelity National Information Services Inc. estimated time elapsed since purchase of depreciable property, plant and equipment deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.
Estimated remaining life Fidelity National Information Services Inc. estimated remaining life of depreciable property, plant and equipment increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.

Average Age

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Accumulated depreciation and amortization
Property and equipment, cost
Land
Asset Age Ratio
Average age1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

2022 Calculations

1 Average age = 100 × Accumulated depreciation and amortization ÷ (Property and equipment, cost – Land)
= 100 × ÷ () =

Asset age ratio Description The company
Average age As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient. Fidelity National Information Services Inc. average age ratio of depreciable property, plant and equipment deteriorated from 2020 to 2021 and from 2021 to 2022.

Estimated Total Useful Life

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Property and equipment, cost
Land
Depreciation and amortization expense on property and equipment
Asset Age Ratio (Years)
Estimated total useful life1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

2022 Calculations

1 Estimated total useful life = (Property and equipment, cost – Land) ÷ Depreciation and amortization expense on property and equipment
= () ÷ =

Asset age ratio Description The company
Estimated total useful life Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors. Fidelity National Information Services Inc. estimated total useful life of depreciable property, plant and equipment increased from 2020 to 2021 but then slightly decreased from 2021 to 2022.

Estimated Age, Time Elapsed since Purchase

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Accumulated depreciation and amortization
Depreciation and amortization expense on property and equipment
Asset Age Ratio (Years)
Time elapsed since purchase1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

2022 Calculations

1 Time elapsed since purchase = Accumulated depreciation and amortization ÷ Depreciation and amortization expense on property and equipment
= ÷ =

Asset age ratio Description The company
Estimated time elapsed since purchase The approximate age in years of a company fixed assets. Useful for comparison purposes. Fidelity National Information Services Inc. estimated time elapsed since purchase of depreciable property, plant and equipment deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.

Estimated Remaining Life

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Property and equipment, net
Land
Depreciation and amortization expense on property and equipment
Asset Age Ratio (Years)
Estimated remaining life1

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

2022 Calculations

1 Estimated remaining life = (Property and equipment, net – Land) ÷ Depreciation and amortization expense on property and equipment
= () ÷ =

Asset age ratio Description The company
Estimated remaining life Fidelity National Information Services Inc. estimated remaining life of depreciable property, plant and equipment increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.