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Sun Pacific Holding (Sun Pacific Holding) Property, Plant and Equipment : $0.00 Mil (As of Sep. 2023)


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What is Sun Pacific Holding Property, Plant and Equipment?

Sun Pacific Holding's annual net PPE declined from Dec. 2020 ($0.09 Mil) to Dec. 2021 ($0.08 Mil) and declined from Dec. 2021 ($0.08 Mil) to Dec. 2022 ($0.00 Mil).


Sun Pacific Holding Property, Plant and Equipment Historical Data

The historical data trend for Sun Pacific Holding'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.

Sun Pacific Holding Property, Plant and Equipment Chart

Sun Pacific Holding Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 0.21 1.90 0.09 0.08 -

Sun Pacific Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

Sun Pacific Holding 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.


Sun Pacific Holding  (OTCPK:SNPW) 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.


Sun Pacific Holding Property, Plant and Equipment Related Terms

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Sun Pacific Holding (Sun Pacific Holding) Business Description

Traded in Other Exchanges
N/A
Address
345 Highway 9 South, Suite 388, Manalapan, NJ, USA, 07726
Sun Pacific Holding Corp is a green energy company specializing in solar and waste-to-energy technologies. With a focus on deploying its subject matter expertise and experience in green energy solutions, Sun Pacific is building a Company that designs, develops, builds, and manages green technologies that support renewable energy solutions. Sun Pacific operates several subsidiaries including Sun Pacific Power Corp, Street Smart Outdoor Corp, and National Mechanical Corp. The company provides solar bus stops, solar trashcans, and street kiosks that utilize its advertising offerings that provide State and local municipalities with costs efficient solutions.
Executives
Nicholas B Campanella director, 10 percent owner, officer: CEO 3 KELTON PLACE, MANALAPAN NJ 07726
Vincent Randazzo director 18822, LISTER LANE, HUNTINGTON BEACH CA 92646
William J. Singer director, officer: President 1482 E VALLEY RD, SANTA BARBARA CA 93108
Sumair Mitroo director 4020 GALT OCEAN MILE, APT. 1607, FT. LAUDERDALE FL 33308
Karen Elizabeth Jervis officer: Chief Executive Officer 1 BELLFIELD CRESCENT, EDDLESTON, PEEBLES X0 EH45 8RQ
Graham Philip May officer: Chief Operating Officer 36 SPITAL SQUARE, 4TH FLOOR, LONDON X0 E1 6DY
David Cooper director 52 QUEEN ANNE STREET, LONDON X0 W1G 8HL
Oxon Life Science Ltd 10 percent owner DONEGAN, ZETLANDS, NEVIS U7 0000
Konstantinos Kardiasmenos director, officer: Pres/CEO/CFO/Sec. and Treas. 4 PTOLEMEON STREET, ATHENS J3 11635
Lars Christiansen 10 percent owner 13 MERINO COURT, 154 LIVER STREET, LONDON X0 EC1V 8BG
Mitchell Johnson director, officer: President and CEO SUITE 5.15 MLS BUSINESS CENTRE, 130 SHAFTESBURY AVENUE, LONDON X0 W1D 5EU
Infrablue Inc. 10 percent owner J&J BUSINESS COMPLEX, SUITE 102, FRIARS HILL ROAD, ST. JOHN'S B9 0000
Keydata Technology Partnership 3 Llp 10 percent owner ONE ANGEL COURT, LONDON X0 EC2R 7HJ

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