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The Beauty Health Co (The Beauty Health Co) Gross Property, Plant and Equipment : $50.8 Mil (As of Mar. 2024)


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What is The Beauty Health Co Gross Property, Plant and Equipment?

The Beauty Health Co's quarterly gross PPE declined from Sep. 2023 ($47.7 Mil) to Dec. 2023 ($46.3 Mil) but then increased from Dec. 2023 ($46.3 Mil) to Mar. 2024 ($50.8 Mil).

The Beauty Health Co's annual gross PPE increased from Dec. 2021 ($39.7 Mil) to Dec. 2022 ($46.3 Mil) but then declined from Dec. 2022 ($46.3 Mil) to Dec. 2023 ($46.3 Mil).


The Beauty Health Co Gross Property, Plant and Equipment Historical Data

The historical data trend for The Beauty Health Co'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.

The Beauty Health Co Gross Property, Plant and Equipment Chart

The Beauty Health Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 13.04 13.60 39.74 46.32 46.30

The Beauty Health Co Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 48.15 48.61 47.74 46.30 50.79

The Beauty Health Co 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 Beauty Health Co  (NAS:SKIN) 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 Beauty Health Co Gross Property, Plant and Equipment Related Terms

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The Beauty Health Co (The Beauty Health Co) Business Description

Traded in Other Exchanges
Address
2165 Spring Street, Long Beach, CA, USA, 90806
The Beauty Health Co is a category-creating beauty health company focused on bringing innovative products to market. The company's flagship brand HydraFacial is a non-invasive, and approachable beauty health platform and ecosystem with a powerful community of estheticians, consumers and partners, bridging medical and consumer retail to democratize and personalize skin care solutions for the masses. Geographically, it derives a majority of revenue from the Americas.
Executives
Michael D Capellas director C/O MCI, 22001 LOUDOUN COUNTY PARKWAY, AXBURN VA 20147
Brian Christopher Miller 10 percent owner 1819 WEST AVENUE, BAY 2, MIAMI BEACH FL 33139
Andrew Roy Stanleick director, officer: Chief Executive Officer C/O THE BEAUTY HEALTH COMPANY, 2165 SPRING STREET, LONG BEACH CA 90806
Michael P. Monahan officer: Chief Financial Officer 9 PENARTH ROAD, BALA CYNWYD PA 19004
Brent L Saunders director, officer: Executive Chairman 2000 GALLOPING HILL ROAD, C/O SCHERING PLOUGH CORP, KENILWORTH NJ 07033
Julius Few director 1819 WEST BAY 2, MIAMI FL 33139
Doug K. Schillinger director 1819 WEST AVENUE, BAY 2, MIAMI BEACH FL 33139
Desiree Gruber director C/O DPCM CAPITAL, INC., 382 NE 191 STREET, #24148, MIAMI FL 33179
Marla Malcolm Beck director C/O THE CHILDREN'S PLACE, INC., 500 PLAZA DRIVE, SECAUCUS NJ 07094
Bradley Hauser officer: Chief Operating Officer C/O ZELTIQ AESTHETICS, INC., 4698 WILLOW ROAD, SUITE 100, PLEASANTON CA 94588
Stephan Becker officer: President, EMEA 2165 SPRING STREET, LONG BEACH CA 90806
Indra Pamamull officer: President, APAC C/O THE BEAUTY HEALTH COMPANY, 2165 SPRING STREET, LONG BEACH CA 90806
Liyuan Woo officer: Chief Financial Officer 400 VALLEY DRIVE, BRISBANE CA 94005
Watson Daniel Copell officer: See Remarks 1819 WEST AVENUE, BAY 2, MIAMI BEACH FL 33139
Lcp Edge Holdco Llc 10 percent owner 150 NORTH RIVERSIDE PLAZA, SUITE 5100, CHICAGO IL 60606