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Nuzee (NUZE) Gross Property, Plant and Equipment : $2.72 Mil (As of Mar. 2024)


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What is Nuzee Gross Property, Plant and Equipment?

Nuzee's quarterly gross PPE increased from Sep. 2023 ($2.37 Mil) to Dec. 2023 ($2.77 Mil) but then declined from Dec. 2023 ($2.77 Mil) to Mar. 2024 ($2.72 Mil).

Nuzee's annual gross PPE increased from Sep. 2021 ($2.38 Mil) to Sep. 2022 ($2.71 Mil) but then declined from Sep. 2022 ($2.71 Mil) to Sep. 2023 ($2.37 Mil).


Nuzee Gross Property, Plant and Equipment Historical Data

The historical data trend for Nuzee'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.

Nuzee Gross Property, Plant and Equipment Chart

Nuzee Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.53 3.43 2.38 2.71 2.37

Nuzee 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 0.92 0.83 2.37 2.77 2.72

Nuzee 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.


Nuzee  (NAS:NUZE) 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.


Nuzee Gross Property, Plant and Equipment Related Terms

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Nuzee (NUZE) Business Description

Industry
Traded in Other Exchanges
Address
1350 East Alpha Road, Suite No 230, Richardson, TX, USA, 75074
Nuzee Inc is a coffee and technologies company. The company is a co-packer of single-serve pour-over coffee, coffee brew bags and Dripkits. The company's brand portfolio includes Coffee Blenders, Twin Peaks, Active Cup, Relax Cup, Think Cup, Nude Cup, Pine Ranch Coffee, and Dripkit. Its geographical segments are North America, which accounts for the majority of revenue; and South Korea.
Executives
Masateru Higashida director, 10 percent owner, officer: See Remarks 10815 RANCHO BERNARDO ROAD, SUITE 250, SAN DIEGO CA 92127
Randell Weaver officer: Chief Financial Officer
Shana Bowman officer: See Remarks 1350 EAST ARAPAHO ROAD, SUITE 230, RICHARDSON TX 75081
Marie Franklin officer: See Remarks 1350 E. ARAPAHO ROAD, SUITE 230, RICHARDSON TX 75081
Patrick J Shearer officer: Chief Financial Officer 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Jose L Ramirez officer: See Remarks 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Tomoko Toyota officer: Chief Marketing Officer 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Tracy Ging director 555 SW 7TH STREET #10, DES MOINES IA 50309
David Robson director FARMER BROS.CO., 1912 FARMER BROTHERS DR, NORTHLAKE TX 76262
Nobuki Kurita director TOYOSU 3-4-1-4306, KOTO-KU, TOKYO M0 135-0061
Shanoop Kothari officer: SVP and CFO 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Kevin J Conner director 110 SOUTH STATE STREET, SUITE 200, NEWTOWN PA 18940
James Chris Jones director 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Allen S. Morton director 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Travis Gorney officer: President 2865 SCOTT STREET, SUITE 101, VISTA CA 92081