GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » MedMen Enterprises Inc (OTCPK:MMNFQ) » Definitions » Property, Plant and Equipment

MedMen Enterprises (MedMen Enterprises) Property, Plant and Equipment : $78.5 Mil (As of Mar. 2023)


View and export this data going back to 2018. Start your Free Trial

What is MedMen Enterprises Property, Plant and Equipment?

MedMen Enterprises's quarterly net PPE declined from Sep. 2022 ($104.4 Mil) to Dec. 2022 ($91.9 Mil) and declined from Dec. 2022 ($91.9 Mil) to Mar. 2023 ($78.5 Mil).

MedMen Enterprises's annual net PPE declined from Jun. 2020 ($266.4 Mil) to Jun. 2021 ($168.9 Mil) and declined from Jun. 2021 ($168.9 Mil) to Jun. 2022 ($111.8 Mil).


MedMen Enterprises Property, Plant and Equipment Historical Data

The historical data trend for MedMen Enterprises'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.

MedMen Enterprises Property, Plant and Equipment Chart

MedMen Enterprises Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.75 232.90 266.38 168.86 111.76

MedMen Enterprises Quarterly Data
Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 145.30 111.76 104.43 91.92 78.46

MedMen Enterprises 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.


MedMen Enterprises  (OTCPK:MMNFQ) 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.


MedMen Enterprises Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of MedMen Enterprises's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


MedMen Enterprises (MedMen Enterprises) Business Description

Traded in Other Exchanges
Address
10115 Jefferson Boulevard, Culver City, CA, USA, 90232
MedMen Enterprises Inc formerly known as Ladera Ventures Corp is the preeminent cannabis company with multiple assets and operations in California, Nevada, and New York, which combined account for nearly half of North America's addressable legal market. The company owns and operates licensed cannabis facilities in cultivation, manufacturing, and retail.

MedMen Enterprises (MedMen Enterprises) Headlines

From GuruFocus

MedMen Provides Annual Filing Status Report

By Business Wire 12-21-2023

Q2 2020 Medmen Enterprises Inc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2019 Medmen Enterprises Inc Earnings Call Transcript

By GuruFocus Research 02-14-2024

MedMen Announces Resignation of Chief Financial Officer

By Business Wire Business Wire 06-16-2023

Q4 2019 Medmen Enterprises Inc Earnings Call Transcript

By GuruFocus Research 02-14-2024

MedMen Provides Annual Filing Status Report

By Business Wire 11-30-2023

MedMen Completes Sale of Florida Assets

By Business Wire Business Wire 08-22-2022