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Xcel Brands (Xcel Brands) Gross Property, Plant and Equipment : $2.67 Mil (As of Mar. 2024)


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What is Xcel Brands Gross Property, Plant and Equipment?

Xcel Brands's quarterly gross PPE declined from Sep. 2023 ($5.48 Mil) to Dec. 2023 ($5.09 Mil) and declined from Dec. 2023 ($5.09 Mil) to Mar. 2024 ($2.67 Mil).

Xcel Brands's annual gross PPE stayed the same from Dec. 2021 ($8.86 Mil) to Dec. 2022 ($6.84 Mil) but then declined from Dec. 2022 ($6.84 Mil) to Dec. 2023 ($5.09 Mil).


Xcel Brands Gross Property, Plant and Equipment Historical Data

The historical data trend for Xcel Brands'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.

Xcel Brands Gross Property, Plant and Equipment Chart

Xcel Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.92 12.04 8.86 6.84 5.09

Xcel Brands 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 6.42 5.86 5.48 5.09 2.67

Xcel Brands 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.


Xcel Brands  (NAS:XELB) 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.


Xcel Brands Gross Property, Plant and Equipment Related Terms

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Xcel Brands (Xcel Brands) Business Description

Traded in Other Exchanges
N/A
Address
1333 Broadway, 10th Floor, New York, NY, USA, 10018
Xcel Brands Inc is a media and brand management company. It is engaged in the design, merchandising and planning, sourcing and production, licensing, marketing, and brand development. The company offers branded apparel, footwear, accessories, jewelry, home goods, and other consumer products. Its brand portfolio consists of the Isaac Mizrahi, Judith Ripka, H Halston, C Wonder, and the Highline Collective brands. The company licenses its brands to third parties, provides certain design, production, and marketing services, and generates licensing, design, and service fee revenues through contractual arrangements and other agreements.
Executives
D Loren Robert W director, 10 percent owner, officer: CEO and Chairman 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Mark Disanto director, 10 percent owner C/O XCEL BRANDS, INC., 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Seth Burroughs officer: See Remarks C/O XCEL BRANDS,INC., 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
James Haran officer: Chief Financial Officer 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Michael Francis director 6501 LEGACY DRIVE, PLANO TX 75024
James D Fielding director C/O XCEL BRANDS, INC., 1333 BROADWAY, 10TH FLOOR, NEW YORK NY 10018
Deborah Weinswig director C/O XCEL BRANDS, INC., 1333 BROADWAY, 10TH FLOOR, NEW YORK NY 10018
Howard M Liebman director C/O XCEL BRANDS, INC., 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Isaac Mizrahi 10 percent owner C/O XCEL BRANDS, INC., 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Hilco Trading, Llc 10 percent owner 5 REVERE DRIVE, SUITE 206, NORTHBROOK IL 60062
Jeffrey Bruce Hecktman 10 percent owner 5 REVERE DRIVE, SUITE 206, NORTHBROOK IL 60062
Edward Iii Jones director C/O XCEL BRANDS, INC., 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Richard Kirschenbaum director C/O XCEL BRANDS, INC., 1333 BROADWAY, 10TH FLOOR, NEW YORK NY 10018
Ben Malka director C/O XCEL BRANDS, INC., 475 10TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Buckingham Capital Management Inc 10 percent owner 485 LEXINGTON AVENUE, 3RD FL, NEW YORK NY 10017