GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Creatd Inc (OTCPK:CRTD) » Definitions » Gross Property, Plant and Equipment

Creatd (Creatd) Gross Property, Plant and Equipment : $2.00 Mil (As of Sep. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Creatd Gross Property, Plant and Equipment?

Creatd's quarterly gross PPE declined from Mar. 2023 ($2.20 Mil) to Jun. 2023 ($2.11 Mil) and declined from Jun. 2023 ($2.11 Mil) to Sep. 2023 ($2.00 Mil).

Creatd's annual gross PPE stayed the same from Dec. 2020 ($0.61 Mil) to Dec. 2021 ($0.49 Mil) but then increased from Dec. 2021 ($0.49 Mil) to Dec. 2022 ($2.73 Mil).


Creatd Gross Property, Plant and Equipment Historical Data

The historical data trend for Creatd's Gross 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.

Creatd Gross Property, Plant and Equipment Chart

Creatd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.64 0.61 0.49 2.73

Creatd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross 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 2.80 2.73 2.20 2.11 2.00

Creatd Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed 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.


Creatd  (OTCPK:CRTD) Gross 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.


Creatd Gross Property, Plant and Equipment Related Terms

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


Creatd (Creatd) Business Description

Traded in Other Exchanges
N/A
Address
419 Lafayette Street, 6th Floor, New York, NY, USA, 10003
Jerrick Media Holdings Inc is a technology and digital media company. It develops and markets branded digital content and e-commerce properties. It is also produces and distributes premium digital media across multiple platforms for targeted demographics.
Executives
Jeremy Frommer director, officer: Chief Executive Officer 202 S. DEAN STREET, ENGLEWOOD NJ 07631
Justin Fontaine Maury officer: President 75 STERLING BLVD APT. 543, ENGLEWOOD NJ 07631
Chelsea Pullano officer: CHIEF FINANCIAL OFFICER C/O JERRICK MEDIA HOLDINGS, INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Laurie Weisberg director C/O JERRICK MEDIA HOLDINGS, INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Bradford Justus director 224 ROBIN WAY, MENLO PARK CA 94025
Lorraine Hendrickson director 718 INLET WATERS CIRCLE, JUPITER FL 33477
Joanna Bloor director 4343 SEQUOYAH ROAD, OAKLAND CA 94605
Eric Ellis Goldberg 10 percent owner PO BOX 580, AQUEBOGUE NY 11931
Leonard M Schiller director
Mark Richard Patterson director C/O JERRICK MEDIA HOLDINGS INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Labrena Martin director 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Mark Standish director C/O JERRICK MEDIA HOLDINGS, INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Arthur Rosen 10 percent owner 50 RIVERSIDE BLVD., APT. 20B, NEW YORK NY 10069
Andrew Fleming Taffin director 32 RIDGEVIEW AVENUE, ATLANTIC HIGHLANDS NJ 07716
Rick Schwartz officer: President 202 S. DEAN STREET, ENGLEWOOD NJ 07631