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Splash Beverage Group (Splash Beverage Group) Property, Plant and Equipment : $0.91 Mil (As of Dec. 2023)


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What is Splash Beverage Group Property, Plant and Equipment?

Splash Beverage Group's quarterly net PPE declined from Jun. 2023 ($1.02 Mil) to Sep. 2023 ($1.01 Mil) and declined from Sep. 2023 ($1.01 Mil) to Dec. 2023 ($0.91 Mil).

Splash Beverage Group's annual net PPE declined from Dec. 2021 ($1.60 Mil) to Dec. 2022 ($1.24 Mil) and declined from Dec. 2022 ($1.24 Mil) to Dec. 2023 ($0.91 Mil).


Splash Beverage Group Property, Plant and Equipment Historical Data

The historical data trend for Splash Beverage 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.

Splash Beverage Group Property, Plant and Equipment Chart

Splash Beverage Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.76 1.60 1.24 0.91

Splash Beverage Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.24 1.14 1.02 1.01 0.91

Splash Beverage 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.


Splash Beverage Group  (AMEX:SBEV) 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.


Splash Beverage Group Property, Plant and Equipment Related Terms

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Splash Beverage Group (Splash Beverage Group) Business Description

Traded in Other Exchanges
N/A
Address
1314 East Las Olas Boulevard, Suite 221, Fort Lauderdale, FL, USA, 33301
Splash Beverage Group Inc is a portfolio company managing multiple brands across several growth segments within the consumer beverage industry. SBG operates in both the non-alcoholic and alcoholic beverage segments. The company's operations have its own vertically integrated B-to-B and B-to-C e-commerce distribution platform called Qplash, further expanding its distribution abilities and visibility. Its brands include TapouT and Salt Tequila. The company operates in two segments: Splash Beverage Group and E-Commerce.
Executives
Frederick William Caple director 853 VANDERBILT BEACH RD., #218, NAPLES FL 34108
Robert Nistico director, officer: CEO, President and Chairman 1314 E. LAS OLAS BLVD, SUITE #221, FT LAUDERDALE FL 33301
Ronald Charles Wall officer: Chief Financial Officer 1453 BISCAYA DRIVE, SURFSIDE FL 33154
William R. Meissner officer: President and CMO C/O JONES SODA CO., 234 9TH AVENUE NORTH, SEATTLE WA 98109
Fatima Dhalla officer: Interim CFO 1010 PALM AVE, #302, WEST HOLLYWOOD CA 90069
Candace Crawford director 1314 EAST LS OLAS BLVD, SUITE 221, FORT LAUDERDALE FL 33301
Peter J Mcdonough director 405 PARK AVENUE, NEW YORK NY 10022
Dean Scott Huge officer: Chief Financial Officer 2817 NE 32ND STREET, #201, FORT LAUDERDALE FL 33306
Justin W Yorke director, 10 percent owner, officer: Secretary C/O JMG EXPLORATION, 180 SOUTH LAKE AVENUE, PASADENA CA 91101
Michael Thomas Long director 1603 PASEO CARMEL, SAN DIMAS CA 91773
John Matthias Lepo director 927 15TH STREET, SUITE #1, SANTA MONICA CA 90403
Heather Kearns officer: Chief Executive Officer 4704 SONADO PL, PARKER CO 80134
Michael J. West director, 10 percent owner, officer: President and CEO 16325 EAST DORADO AVE., CENTENNIAL CO 80111
Wesbev Llc 10 percent owner 4 RICHLAND PLACE, PASADENA CA 91103
Stephen H. West director, officer: CFO and Secretary 16325 EAST DORADO AVE., CENTENNIAL CO 80111