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Rainforest Resources (Rainforest Resources) Property, Plant and Equipment : $8.81 Mil (As of Sep. 2021)


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What is Rainforest Resources Property, Plant and Equipment?

Rainforest Resources's quarterly net PPE increased from Mar. 2021 ($8.15 Mil) to Jun. 2021 ($8.33 Mil) and increased from Jun. 2021 ($8.33 Mil) to Sep. 2021 ($8.81 Mil).

Rainforest Resources's annual net PPE declined from Dec. 2018 ($3.19 Mil) to Dec. 2019 ($3.19 Mil) but then increased from Dec. 2019 ($3.19 Mil) to Dec. 2020 ($3.23 Mil).


Rainforest Resources Property, Plant and Equipment Historical Data

The historical data trend for Rainforest Resources'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.

Rainforest Resources Property, Plant and Equipment Chart

Rainforest Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.19 3.19 3.23

Rainforest Resources Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 3.18 3.23 8.15 8.33 8.81

Rainforest Resources 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.


Rainforest Resources  (OTCPK:RRIF) 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.


Rainforest Resources Property, Plant and Equipment Related Terms

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Rainforest Resources (Rainforest Resources) Business Description

Traded in Other Exchanges
N/A
Address
936 SW 1st Avenue, Unit 299, Miami, FL, USA, 33130
Rainforest Resources Inc is a development stage natural resource company. The main purpose is to produce certified carbon credits for certain companies in the countries that need to in order to avoid sanctions as stipulated by the Kyoto Protocol. It provides the production, transportation, and delivery of the water that form the property. Its properties are found in the tropical rainforest of Ecuador. The company intends to maintain and improve land so that all species and wildlife live as one with the forestry. In addition, the company's rainforest properties produce oxygen and carbon dioxide sequestration and endemic plants that can be used in medicine.
Executives
Bradley Wilson officer: President 1794 BAY DR POMPANO BEACH FL 33062

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