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Lions Gate Entertainment (Lions Gate Entertainment) Gross Property, Plant and Equipment : $460 Mil (As of Dec. 2023)


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What is Lions Gate Entertainment Gross Property, Plant and Equipment?

Lions Gate Entertainment's quarterly gross PPE declined from Jun. 2023 ($247 Mil) to Sep. 2023 ($238 Mil) but then increased from Sep. 2023 ($238 Mil) to Dec. 2023 ($460 Mil).

Lions Gate Entertainment's annual gross PPE increased from Mar. 2021 ($400 Mil) to Mar. 2022 ($479 Mil) and increased from Mar. 2022 ($479 Mil) to Mar. 2023 ($513 Mil).


Lions Gate Entertainment Gross Property, Plant and Equipment Historical Data

The historical data trend for Lions Gate Entertainment'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.

Lions Gate Entertainment Gross Property, Plant and Equipment Chart

Lions Gate Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 282.30 449.90 400.00 479.20 513.40

Lions Gate Entertainment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 255.30 513.40 247.10 237.80 460.20

Lions Gate Entertainment 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.


Lions Gate Entertainment  (NYSE:LGF.B) 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.


Lions Gate Entertainment Gross Property, Plant and Equipment Related Terms

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Lions Gate Entertainment (Lions Gate Entertainment) Business Description

Traded in Other Exchanges
Address
250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8
Lions Gate Entertainment Corp is engaged in entertainment business. The company's segment includes Motion Picture, Television Production and Media Networks. It generates maximum revenue from the Television Production segment. Television Production segment consists of the development, production and worldwide distribution of television productions including television series, television movies and mini-series, and non-fiction programming.
Executives
Harkey John D Jr director 305 MAIN STREET, REDWOOD CITY CA 94063
Bruce Tobey officer: General Counsel LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
James W Barge officer: Chief Financial Officer VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Gordon Crawford director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Harry Sloan director, other: Chairman of the Board 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Mignon L Clyburn director 12601 PLANTSIDE DRIVE, LOUISVILLE KY 40299
Berg Corii D. officer: General Counsel LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Yvette Ostolaza director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Daniel E. Sanchez director C/O DISCOVERY, INC., 8403 COLESVILLE ROAD, SILVER SPRING MD 20910
Susan Mccaw director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Michael Raymond Burns director, officer: Vice Chairman 2700 COLORADO AVENUE, STE 200, SANTA MONICA CA 90404
John C Malone director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Brian Goldsmith officer: Chief Operating Officer LIONS GATE ENTERTAINMENT CORP., 2700 COLORADO AVENUE, SANTA MONICA CA 90292
Mhr Institutional Advisors Iii Llc 10 percent owner 40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Institutional Partners Iii Lp 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019

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