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CCA Industries (CCA Industries) Gross Property, Plant and Equipment : $0.13 Mil (As of Aug. 2023)


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What is CCA Industries Gross Property, Plant and Equipment?

CCA Industries's quarterly gross PPE declined from Nov. 2018 ($0.26 Mil) to Aug. 2022 ($0.00 Mil) but then increased from Aug. 2022 ($0.00 Mil) to Aug. 2023 ($0.13 Mil).

CCA Industries's annual gross PPE stayed the same from Nov. 2016 ($1.08 Mil) to Nov. 2017 ($0.31 Mil) but then declined from Nov. 2017 ($0.31 Mil) to Nov. 2018 ($0.26 Mil).


CCA Industries Gross Property, Plant and Equipment Historical Data

The historical data trend for CCA Industries'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.

CCA Industries Gross Property, Plant and Equipment Chart

CCA Industries Annual Data
Trend Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 0.97 1.08 0.31 0.26

CCA Industries Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Aug22 Aug23
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 0.33 0.26 0.26 - 0.13

CCA Industries 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.


CCA Industries  (OTCPK:CAWW) 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.


CCA Industries Gross Property, Plant and Equipment Related Terms

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CCA Industries (CCA Industries) Business Description

Traded in Other Exchanges
N/A
Address
Little Ferry, Post office box 735, Little Ferry, NJ, USA, 07643
CCA Industries Inc is a fast-moving consumer goods company. It is engaged in manufacturing and distributing health and beauty aid products. The company markets its products under several brand names such as Plus+White, Sudden Change, Nutra Nail, Bikini Zone, Hair Off, Solar Sense, Sunset Cafe, Lobe Miracle and Scar Zone. Its products are marketed and sold to the major drug, food chains, mass merchandisers, and wholesale beauty aids distributors throughout the United States and Canada.
Executives
Brian D Haveson director
Brent Funston director 12 CASTLE ROCK RD., LAGUNA BEACH CA 92651
Mills Justin William Iii director 110 MASONS WAY, NEWTOWN SQUARE PA 19073
Linda Shein director 65 CHALLENGER ROAD, SUITE 340, RIDGEFIELD PARK NJ 07660
Douglas J Haas officer: President 1 BELMONT AVENUE, BALA CYNWYD PA 19004
David Fineman director 1801 MARKET STREET, SUITE 1100, PHILADELPHIA PA 19103
Stephen Heit officer: Chief Financial Officer 65 CHALLENGER ROAD, SUITE 340, RIDGEFIELD PARK NJ 07660
Richard W Kornhauser officer: Chief Executive Officer C/O CCA INDUSTRIES, INC., 200 MURRAY HILL PARKWAY, EAST RUTHERFORD NJ 07073
Christopher R Hogg director 1010 SPROUL ROAD, BRYN MAWR PA 19010
Robert A Lage director 72 CYPRESS POINT LANE, JACKSON NJ 08527
Josephine B Marinos director 80 EAST END AVENUE, 7B, NEW YORK NY 10028
Capital Preservation Solutions, Llc 10 percent owner ONE BELMONT AVENUE, SUITE 602, BALA CYNWYD PA 19004
Capital Preservation Holdings, Llc 10 percent owner ONE BELMONT AVENUE, SUITE 602, BALA CYNWYD PA 19004
Lance T Funston 10 percent owner 1701 JFK BLVD, 25TH FLOOR, PHILADELPHIA PA 19103
Jonathan E Rothschild director C/O IMMUCELL CORP, 56 EVERGREEN DRIVE, PORTLAND ME 04103