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Iconix Brand Group (Iconix Brand Group) Gross Property, Plant and Equipment : $25.3 Mil (As of Mar. 2021)


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What is Iconix Brand Group Gross Property, Plant and Equipment?

Iconix Brand Group's quarterly gross PPE declined from Sep. 2020 ($25.6 Mil) to Dec. 2020 ($25.6 Mil) and declined from Dec. 2020 ($25.6 Mil) to Mar. 2021 ($25.3 Mil).

Iconix Brand Group's annual gross PPE increased from Dec. 2018 ($22.5 Mil) to Dec. 2019 ($26.3 Mil) but then declined from Dec. 2019 ($26.3 Mil) to Dec. 2020 ($25.6 Mil).


Iconix Brand Group Gross Property, Plant and Equipment Historical Data

The historical data trend for Iconix Brand Group'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.

Iconix Brand Group Gross Property, Plant and Equipment Chart

Iconix Brand Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.51 21.66 22.53 26.34 25.57

Iconix Brand Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 25.91 25.74 25.59 25.57 25.27

Iconix Brand Group 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.


Iconix Brand Group  (NAS:ICON) 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.


Iconix Brand Group Gross Property, Plant and Equipment Related Terms

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Iconix Brand Group (Iconix Brand Group) Business Description

Traded in Other Exchanges
N/A
Address
1450 Broadway, 3rd Floor, New York, NY, USA, 10018
Iconix Brand Group Inc owns a portfolio of consumer brands in the apparel and home categories. It monetizes the brands through licensing and joint ventures with retailers and wholesalers worldwide. Its retail licensees include Wal-Mart, Target, Kohl's, and Kmart/Sears. Some of the company's notable brands are Peanuts, Mossimo, Starter, Sharper Image, and London Fog. Licensees are responsible for design, manufacture, and distribution, while Iconix manages advertising and promotional campaigns. Most agreements require licensees to pay Iconix for advertising and marketing and to guarantee Iconix a minimum amount of royalty revenue.
Executives
Robert Galvin director, officer: President and CEO 78 GOLF LANE, RIDGEFIELD CT 06877
John Mcclain officer: EVP & CFO C/O THE JONES GROUP INC., 1411 BROADWAY, NEW YORK NY 10018
Jeffrey Neil Wood officer: Interim CFO 50 HOMESTEAD RD GILLETTE NJ 07933
F Peter Cuneo director, officer: Chairman and Interim CEO 10 EAST 40TH ST, NEW YORK NY 10016
John N Haugh director, officer: President and CEO 3231 S E SIXTH AVENUE, TOPEKA KS 66607
David K. Jones officer: EVP & CFO 1375 BROADWAY, FLOOR 11, NEW YORK NY 10018
Jason Schaefer officer: EVP and General Counsel C O ICONIX BRAND GROUP INC 1450 BROADWAY 4TH FL NEW YORK NY 10018
Khosla Sanjay director THREE LAKES DRIVE, NORTHFIELD IL 60093
Kenneth Slutsky director 11400 W. OLYMPIC BOULEVARD SUITE 1400 LOS ANGELES CA 90064
Mark A Friedman director 595 NORTH STREET RYE NY 10580
Drew Cohen director C/O MUSIC THEATER INTERNATIONAL 421 WEST 54TH STREET NEW YORK NY 10019
James Marcum director 55 WENTWORTH COVE RD. LACONIA NH 03246
Sue Gove director 901 WEST WALNUT HILL LANE, MAIL STATION 6B-3, IRVING TX 75038
David Blumberg officer: EVP - Chief Strategy Officer C/O ICONIX BRAND GROUP, INC. 1450 BROADWAY, 4TH FLOOR NEW YORK NY 10018
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP