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Loop Media (Loop Media) Gross Property, Plant and Equipment : $4.60 Mil (As of Mar. 2024)


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What is Loop Media Gross Property, Plant and Equipment?

Loop Media's quarterly gross PPE increased from Sep. 2023 ($4.19 Mil) to Dec. 2023 ($4.31 Mil) and increased from Dec. 2023 ($4.31 Mil) to Mar. 2024 ($4.60 Mil).

Loop Media's annual gross PPE increased from Sep. 2021 ($0.78 Mil) to Sep. 2022 ($2.44 Mil) and increased from Sep. 2022 ($2.44 Mil) to Sep. 2023 ($4.19 Mil).


Loop Media Gross Property, Plant and Equipment Historical Data

The historical data trend for Loop Media'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.

Loop Media Gross Property, Plant and Equipment Chart

Loop Media Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Sep21 Sep22 Sep23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only - 0.87 0.78 2.44 4.19

Loop Media Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.82 4.26 4.19 4.31 4.60

Loop Media 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.


Loop Media  (AMEX:LPTV) 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.


Loop Media Gross Property, Plant and Equipment Related Terms

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Loop Media (Loop Media) Business Description

Traded in Other Exchanges
N/A
Address
2600 West Olive Avenue, Suite 5470, Burbank, CA, USA, 91505
Loop Media Inc is a multichannel digital video platform media company that uses marketing technology. The company is focused on premium short-form video. It offers music videos and film, game, and TV trailers which can be viewed in hospitality, dining, and retail venues, on branded media and entertainment sites, and on over-the-top TV platforms and IPTV devices.
Executives
Excel Family Partners Lllp 10 percent owner 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Jon Maxwell Niermann Living Trust 10 percent owner 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Cassidy Bruce A. Sr. director, 10 percent owner C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
David Saint-fleur director C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Denise M. Penz director C/O LOOP MEDIA, INC., 700 N. CENTRAL AVE., SUITE 430, GLENDALE CA 91203
Bruce A. Cassidy 2013 Irrevocable Trust 10 percent owner 8060 COW CAMP LANE, SARASOTA FL 34240
Bob Gruters officer: Chief Revenue Officer C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Andy Schuon officer: Head of Loop Studios C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Sonya Zilka director C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Neil T Watanabe officer: Chief Financial Officer 13245 RIVERSIDE DRIVE, SUITE 450, SHERMAN OAKS CA 91423
Liam Mccallum officer: Chief Product and Tech Officer C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Cerna James J Jr officer: Chief Financial Officer C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Jon M Niermann director, 10 percent owner, officer: Chief Executive Officer C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Pioneer Productions Llc 10 percent owner C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Running Wind Llc 10 percent owner 1879 HAZELTON DRIVE, GERMANTOWN TN 38138

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