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Hemisphere Media Group (Hemisphere Media Group) Property, Plant and Equipment : $31.3 Mil (As of Jun. 2022)


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What is Hemisphere Media Group Property, Plant and Equipment?

Hemisphere Media Group's quarterly net PPE increased from Dec. 2021 ($32.8 Mil) to Mar. 2022 ($33.5 Mil) but then declined from Mar. 2022 ($33.5 Mil) to Jun. 2022 ($31.3 Mil).

Hemisphere Media Group's annual net PPE declined from Dec. 2019 ($36.2 Mil) to Dec. 2020 ($33.6 Mil) and declined from Dec. 2020 ($33.6 Mil) to Dec. 2021 ($32.8 Mil).


Hemisphere Media Group Property, Plant and Equipment Historical Data

The historical data trend for Hemisphere Media Group's 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.

Hemisphere Media Group Property, Plant and Equipment Chart

Hemisphere Media Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.43 32.21 36.15 33.62 32.84

Hemisphere Media Group Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 34.58 33.15 32.84 33.53 31.31

Hemisphere Media Group Property, Plant and Equipment Calculation

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


Hemisphere Media Group  (NAS:HMTV) 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.


Hemisphere Media Group Property, Plant and Equipment Related Terms

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Hemisphere Media Group (Hemisphere Media Group) Business Description

Traded in Other Exchanges
N/A
Address
4000 Ponce de Leon Boulevard, Suite 650, Coral Gables, FL, USA, 33146
Hemisphere Media Group Inc is a Spanish-language media company. It owns and operates several Spanish-language networks and content production platform, including movie and telenovela channels, Hispanic entertainment genres, and the cable television networks. The several Spanish Spanish-language networks and content production platform owned by the company includes Cinelatino, WAPA, WAPA America, Pasiones, Centroamerica TV and Television Dominicana. The company operates through a single segment being the operation of Spanish-language Networks and content platforms. Hemisphere generates revenue from the sale of advertising and broadcasting.
Executives
Gemini Latin Holdings, Llc 10 percent owner 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Gato Investments Lp 10 percent owner 405 LEXINGTON AVE, 48TH FL, NEW YORK NY 10151
Hwk Parent, Llc 10 percent owner C/O INTERMEDIA ADVISORS, LLC, 228 PARK AVENUE SOUTH, PMB 67521, NEW YORK NY 10003-1502
Fine Capital Partners, L.p. 10 percent owner 3 COLUMBUS CIRCLE, 15TH FLOOR, NEW YORK NY 10019
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Jonathan Brolin 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
John Anthony Garcia officer: EVP, SALES & REVENUE C/O HEMISPHERE MEDIA GROUP, INC., 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Adam Reiss director 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Paul Leon Presburger officer: Officer of Subsidiary Division 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Monica B. Silverstein officer: Chief Human Resources Officer C/O HEMISPHERE MEDIA GROUP, INC., 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Jorge Hidalgo officer: Officer of Subsidiary Division C/O HEMISPHERE MEDIA GROUP, INC., 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Grupo Mvs Capital, S. De R.l. De C.v. 10 percent owner SIERRA GORDA 505, LOMAS DE CHAPULTEPEC, VIII SECC, MIGUEL HIDALGO, MEXICO CITY O5 11000
Cinema Aeropuerto, S.a. De C.v. 10 percent owner BLVD. MANUEL AVILA CAMACHO 147, CHAPULTEPEC MORALES, CUIDAD DE MEXICO, D.F. O5 11510
Hindery Leo J. Jr. director, 10 percent owner C/O HMG, INC., C/O CINE LATINO, INC., 2000 PONCE DE LEON BLVD, SUITE 500, CORAL GABLES FL 33134
Sonia Dula director 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146

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