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Troika Media Group (Troika Media Group) Gross Property, Plant and Equipment : $3.0 Mil (As of Sep. 2023)


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What is Troika Media Group Gross Property, Plant and Equipment?

Troika Media Group's quarterly gross PPE declined from Mar. 2023 ($3.3 Mil) to Jun. 2023 ($3.2 Mil) and declined from Jun. 2023 ($3.2 Mil) to Sep. 2023 ($3.0 Mil).

Troika Media Group's annual gross PPE increased from Jun. 2019 ($2.2 Mil) to Jun. 2020 ($9.8 Mil) but then declined from Jun. 2020 ($9.8 Mil) to Jun. 2021 ($8.4 Mil).


Troika Media Group Gross Property, Plant and Equipment Historical Data

The historical data trend for Troika Media 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.

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Troika Media Group Gross Property, Plant and Equipment Chart

Troika Media Group Annual Data
Trend Jun19 Jun20 Jun21
Gross Property, Plant and Equipment
2.22 9.76 8.41

Troika Media Group Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 7.84 4.74 3.31 3.19 2.95

Troika Media 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.


Troika Media Group  (OTCPK:TRKAQ) 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.


Troika Media Group Gross Property, Plant and Equipment Related Terms

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Troika Media Group (Troika Media Group) Business Description

Traded in Other Exchanges
N/A
Address
25 West 39th Street, 6th Floor, New York, NY, USA, 10018
Troika Media Group Inc is a global marketing service company. It is leveraging data and technology to deliver integrated branding, marketing, media, and analytics solutions to clients. It offers solutions to clients seeking a holistic approach to meeting brand strategy, experiential marketing and communications needs.
Executives
Lawrence Vincent Wolfe officer: VP, Chief Operating Officer 25 WEST 39TH STREET, 6TH FLOOR, C/O TROIKA MEDIA GROUP, INC., NEW YORK NY 10018
Carl Derek Mckinney officer: VP, General Counsel 25 WEST 39TH STREET, 6TH FLOOR, C/O TROIKA MEDIA GROUP, INC., NEW YORK NY 10018
Kevin J Vanbeek 10 percent owner 149 ASH STREET, HOPKINTON MA 01748
Jeffrey Scott Stein director 601 TRAVIS, SUITE 1400, HOUSTON TX 77002
G Grant Lyon director 410 N. 44TH STREET, SUITE 700, PHOENIX AZ 85008
Peter Coates 10 percent owner 1715 NORTH GOWER STREET, LOS ANGELES CA 90028
Randall D Miles director 1321 KING STREET, SUITE 1, BELLINGHAM WA 98226
Erica Naidrich officer: Chief Financial Officer 1715 NORTH GOWER STREET, LOS ANGELES CA 90028
Sabrina Yang director 1715 NORTH GOWER STREET, LOS ANGELES CA 90028
John Belniak director 1715 NORTH GOWER STREET, LOS ANGELES CA 90028
Sadig Toama director, officer: President 605 THIRD AVEUE, NEW YORK NY 10158
Thomas Marianacci 10 percent owner, officer: CEO of Converge Direct LLC 605 THIRD AVENUE, NEW YORK NY 10158
Kyle Hill 10 percent owner, officer: Pres. of Redeeem Acquisition 1227 11TH STREET - UNIT A, SANTA MONICA CA 90401
Martin Pompadur director
Kevin Dundas officer: CEO of Mission Subsidiary 1715 NORTH GOWER STREET, LOS ANGELES CA 90028