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EBET (EBET) Property, Plant and Equipment : $0.09 Mil (As of Mar. 2024)


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What is EBET Property, Plant and Equipment?

EBET's quarterly net PPE declined from Sep. 2023 ($0.16 Mil) to Dec. 2023 ($0.13 Mil) and declined from Dec. 2023 ($0.13 Mil) to Mar. 2024 ($0.09 Mil).

EBET's annual net PPE increased from Sep. 2021 ($0.26 Mil) to Sep. 2022 ($0.55 Mil) but then declined from Sep. 2022 ($0.55 Mil) to Sep. 2023 ($0.16 Mil).


EBET Property, Plant and Equipment Historical Data

The historical data trend for EBET's 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.

EBET Property, Plant and Equipment Chart

EBET Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Property, Plant and Equipment
- - 0.26 0.55 0.16

EBET Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.53 0.35 0.16 0.13 0.09

EBET Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


EBET  (OTCPK:EBET) 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.


EBET Property, Plant and Equipment Related Terms

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EBET (EBET) Business Description

Traded in Other Exchanges
N/A
Address
3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89169
EBET Inc is a technology company developing and operating platforms focused on esports and competitive gaming. It operates a licensed online gambling platform, which is an esports/sportsbook focused on bettors located in Asia and Latin America. It offers real-money betting on esports events from around the world in a secure environment. It accepts wagers on esports titles including Counter-Strike: GO, League of Legends, Dota 2, StarCraft 2, Rocket League, Rainbow Six, Warcraft 3, King of Glory, and FIFA, as well as professional sports including the NFL, NBA, MLB, soccer and more. The company's Brands Includes; Gogawi, Karamba, Griffon Casino, Generation VIP, and Others.
Executives
Aaron Speach director, officer: Chief Executive Officer C/O ESPORTS TECHNOLOGIES, INC., 720 SOUTH 7TH STREET, 3RD FLOOR, LAS VEGAS NV 89101
Cp Bf Lending, Llc 10 percent owner 1910 FAIRVIEW AVE E, SUITE 300, SEATTLE WA 98102
Matthew Lourie officer: Chief Financial Officer C/O EBET, INC., 197 E. CALIFORNIA AVE STE 302, LAS VEGAS NV 89104
Ebjt Management Llc 10 percent owner 5874 LUSTROUS COURT, LAS VEGAS NV 89148
Christopher Downs director 31700 RESEARCH PARK DRIVE, MADISON HEIGHTS MI 48071
Michael Nicklas director C/O ESPORTS TECHNOLOGIES, INC., 720 SOUTH 7TH STREET, 3RD FLOOR, LAS VEGAS NV 89101
Dennis Neilander director C/O ESPORTS TECHNOLOGIES, INC., 720 SOUTH 7TH STREET, 3RD FLOOR, LAS VEGAS NV 89101
James Joseph Purcell officer: Chief Financial Officer C/O ESPORTS TECHNOLOGIES, INC., 720 SOUTH 7TH STREET, 3RD FLOOR, LAS VEGAS NV 89101
Bart Barden officer: Chief Operating Officer C/O ESPORTS TECHNOLOGIES, INC., 720 SOUTH 7TH STREET, 3RD FLOOR, LAS VEGAS NV 89101