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Blue Biofuels (Blue Biofuels) Gross Property, Plant and Equipment : $0.91 Mil (As of Dec. 2023)


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What is Blue Biofuels Gross Property, Plant and Equipment?

Blue Biofuels's quarterly gross PPE declined from Jun. 2023 ($0.96 Mil) to Sep. 2023 ($0.93 Mil) and declined from Sep. 2023 ($0.93 Mil) to Dec. 2023 ($0.91 Mil).

Blue Biofuels's annual gross PPE increased from Dec. 2021 ($0.72 Mil) to Dec. 2022 ($0.73 Mil) and increased from Dec. 2022 ($0.73 Mil) to Dec. 2023 ($0.91 Mil).


Blue Biofuels Gross Property, Plant and Equipment Historical Data

The historical data trend for Blue Biofuels'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.

Blue Biofuels Gross Property, Plant and Equipment Chart

Blue Biofuels Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.48 0.72 0.73 0.91

Blue Biofuels Quarterly Data
Dec17 Mar18 Jun18 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.98 0.96 0.93 0.91

Blue Biofuels 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.


Blue Biofuels  (OTCPK:BIOF) 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.


Blue Biofuels Gross Property, Plant and Equipment Related Terms

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Blue Biofuels (Blue Biofuels) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3710 Buckeye Street, Suite 120, Palm Beach Gardens, FL, USA, 33410
Blue Biofuels Inc is a technology company focused on emerging technologies in the renewable energy, biofuels, and new technologies sectors. It developed a technology system called Cellulose-to-Sugar 2.0 (CTS 2.0) which is a mechanical/chemical dry process for converting cellulose material into sugar for use in the biofuels industry. It can convert any cellulosic material like grasses, wood, paper, farm waste, yard waste, forestry products, energy crops like hemp or King Grass, and the cellulosic portion of municipal solid waste into sugars and lignin, and subsequently into biofuels and bioplastics. This system produces sugar and chemically unmodified lignin among other by-products. The sugar can then be further converted into biofuels and the lignin into bioplastics.
Executives
Chris J Kneppers director NO 102 GRANDVIEW AVE, HOPEWELL NJ 08525
Benjamin Slager director, 10 percent owner, officer: CEO 165 SE 1ST AVE, DELRAY BEACH, FL 33444
Peter Zimeri director 1030 CITRUS WAY APT 104, DELRAY BEACH FL 33445
Edmund J Burke director 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Anthony Ii Santelli director, 10 percent owner, officer: CFO 9334 AMBER WOOD DRIVE, KIRTLAND OH 44094
Christopher J Jemapete 10 percent owner 6888 SOUTH IRVINGTON COURT, AURORA CO 80016
Pamela B Jemapete 10 percent owner 6888 SOUTH IRVINGTON COURT, AURORA CO 80016
George Bolton director 400 N. CONGRESS AVE, SUITE 130, WEST PALM BEACH FL 33401
Charles Sills director 400 N. CONGRESS AVE, SUITE 130, WEST PALM BEACH FL 33401
Liege Daniel De director, 10 percent owner, officer: President 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Joseph Mcnaney director 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Richard Cohen officer: CFO C/O DUNE ENERGY, INC., TWO SHELL PLAZA, 777 WALKER STREET, SUITE 2300, HOUSTON TX 77002
Amg Energy Solutions, Inc. 10 percent owner 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Mark W. Koch director, 10 percent owner 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
W. Johan Sturm 10 percent owner 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401

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