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The Intergroup (The Intergroup) Gross Property, Plant and Equipment : $0.00 Mil (As of Dec. 2023)


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What is The Intergroup Gross Property, Plant and Equipment?


The Intergroup Gross Property, Plant and Equipment Historical Data

The historical data trend for The Intergroup'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.

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The Intergroup Gross Property, Plant and Equipment Chart

The Intergroup Annual Data
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Gross Property, Plant and Equipment
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The Intergroup Quarterly Data
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The Intergroup 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.


The Intergroup  (NAS:INTG) 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.


The Intergroup Gross Property, Plant and Equipment Related Terms

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The Intergroup (The Intergroup) Business Description

Traded in Other Exchanges
N/A
Address
1516 S. Bundy Drive, Suite 200, Los Angeles, CA, USA, 90025
The Intergroup Corp is an us-based company operating in the real estate sector. It is formed to buy, develop, operate, rehabilitate and dispose of real property of various types and descriptions, and to engage in other related business and investment activities. The company operates through three segments namely Hotel Operations, Real Estate Operations, and Investment Transactions. The Hotel Operations segment which generates the majority of the revenue covers the operation of the Hilton hotel and garage. The Real Estate Operations segment consists of the operation of multifamily rental properties whereas the Investment Transactions segment includes an investment of cash in marketable securities and other investments.
Executives
John C Love director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Babin C Jerold director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES, LOS ANGELES CA 90025
William John Nance director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Danfeng Xu officer: Treasurer and Controller 1100 GLENDON AVENUE, SUITE PH-1, LOS ANGELES CA 90024
Yvonne L Murphy director 10940 WILSHIRE BLVD., SUITE 2150, LOS ANGELES X1 90024
David T Nguyen officer: TREASURER 10940 WILSHIRE BLVD, SUITE 2150, LOS ANGELES CA 90024
Michael G Zybala 10 percent owner PO BOX 270828, SAN DIEGO CA 92198-2828
John V Winfield director, 10 percent owner, officer: President & CEO 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Michael Gary Zybala officer: Asst. Secretary & Gen. Counsel 16912 ABUNDANTE ST, SAN DIEGO CA 92127
David C Gonzalez officer: Vice President Real Estate
Gary N Jacobs director, officer: Secretary MGM MIRAGE, 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
Josef A Grunwald director 820 MORAGA DRIVE, LOS ANGELES CA 90049
Mildred Bond Roxborough director 39 BROADWAY, SUITE 2200, NEW YORK NY 10006

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