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Stran (SWAG) Gross Property, Plant and Equipment : $4.43 Mil (As of Dec. 2023)


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What is Stran Gross Property, Plant and Equipment?

Stran's quarterly gross PPE increased from Jun. 2023 ($4.14 Mil) to Sep. 2023 ($4.23 Mil) and increased from Sep. 2023 ($4.23 Mil) to Dec. 2023 ($4.43 Mil).

Stran's annual gross PPE increased from Dec. 2021 ($2.55 Mil) to Dec. 2022 ($2.88 Mil) and increased from Dec. 2022 ($2.88 Mil) to Dec. 2023 ($4.43 Mil).


Stran Gross Property, Plant and Equipment Historical Data

The historical data trend for Stran'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.

Stran Gross Property, Plant and Equipment Chart

Stran Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
2.51 2.42 2.55 2.88 4.43

Stran Quarterly Data
Dec19 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 2.88 3.16 4.14 4.23 4.43

Stran 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.


Stran  (NAS:SWAG) 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.


Stran Gross Property, Plant and Equipment Related Terms

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Stran (SWAG) Business Description

Traded in Other Exchanges
Address
2 Heritage Drive, Suite 600, Quincy, MA, USA, 02171
Stran & Co Inc is an outsourced marketing solutions provider, working closely with customers to develop sophisticated marketing programs that leverage promotional products and loyalty incentive expertise. The company purchases products and branding through various third-party manufacturers and decorators and resells the finished goods to customers.
Executives
David M. Leuci officer: Chief Information Officer 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Ashley Marshall director C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Andrew Stranberg director, 10 percent owner, officer: Exec. Chm., Treas. and Sec. C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
John Audibert officer: VP of Growth and SI C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Alan Chippindale director C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Andrew Shape director, 10 percent owner, officer: President and CEO C/O LONG BLOCKCHAIN CORP., 12-1 DUBON COURT, FARMINGDALE NY 11735
David Browner officer: Interim CFO C/O STRAN AND COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Sheila Johnshoy officer: Chief Operating Officer C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Stephen Paradiso officer: Chief of Staff C/O STRAN & COMPANY, INC.,, 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Jason Nolley officer: Chief Technology Officer C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Alejandro Tani director C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Christopher Rollins officer: Chief Financial Officer C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Randolph Birney officer: Executive Vice President C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Travis Mccourt director C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171