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Glu Mobile (Glu Mobile) Gross Property, Plant and Equipment : $65.7 Mil (As of Dec. 2020)


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What is Glu Mobile Gross Property, Plant and Equipment?

Glu Mobile's quarterly gross PPE declined from Jun. 2020 ($51.3 Mil) to Sep. 2020 ($49.4 Mil) but then increased from Sep. 2020 ($49.4 Mil) to Dec. 2020 ($65.7 Mil).

Glu Mobile's annual gross PPE increased from Dec. 2018 ($24.0 Mil) to Dec. 2019 ($66.2 Mil) but then declined from Dec. 2019 ($66.2 Mil) to Dec. 2020 ($65.7 Mil).


Glu Mobile Gross Property, Plant and Equipment Historical Data

The historical data trend for Glu Mobile'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.

Glu Mobile Gross Property, Plant and Equipment Chart

Glu Mobile Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.27 20.87 23.98 66.18 65.67

Glu Mobile Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 66.18 53.16 51.33 49.37 65.67

Glu Mobile 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.


Glu Mobile  (NAS:GLUU) 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.


Glu Mobile Gross Property, Plant and Equipment Related Terms

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Glu Mobile (Glu Mobile) Business Description

Traded in Other Exchanges
N/A
Address
875 Howard Street, Suite 100, San Francisco, CA, USA, 94103
Glu Mobile Inc is a U.S.-based company that develops and markets games appealing to a broad group of users of smartphones and tablet devices. These games are accessible through direct-to-consumer digital store fronts like the Apple App Store, Google Play Store, and Amazon Appstore. The firm generates revenue through in-app purchases and in-game advertising.
Executives
Greg Brandeau director C/O GLU MOBILE INC. 500 HOWARD STREET, SUITE 300 SAN FRANCISCO CA 94105
Masi Niccolo De director 500 HOWARD ST., SUITE 300, SAN FRANCISCO CA 94105
Darla Anderson director C/O GLU MOBILE INC., 875 HOWARD STREET, SUITE 100, SAN FRANCISCO CA 94103
Eric R Ludwig officer: EVP, COO and CFO CO GLU MOBILE INC 1800 GATEWAY DRIVE SAN MATEO CA 94404
Becky Ann Hughes officer: Senior Vice President, Revenue GLU MOBILE INC., 875 HOWARD STREET, SUITE 100, SAN FRANCISCO CA 94103
Ann Mather director
Gabrielle B Toledano director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Eric R. Ball director C/O GLU MOBILE INC., 45 FREMONT STREET, SUITE 2800, SAN FRANCISCO CA 94105
Smith Benjamin T. Iv director 2207 BRIDGEPOINTE PARKWAY, SUITE 300 SAN MATEO CA 94404
Hany Nada director C/O GRANITE GLOBAL VENTURES 2494 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025
Chris Akhavan officer: SVP, Business & Corp. Dev. C/O GLU MOBILE INC. 45 FREMONT STREET, SUITE 2800 SAN FRANCISCO CA 94105
Scott Leichtner officer: VP and General Counsel C/O GLU MOBILE INC. 2207 BRIDGEPOINTE PARKWAY SAN MATEO CA 94404
Puneet Kedia officer: Vice President of Accounting C/O GLU MOBILE INC. 875 HOWARD STREET, SUITE 100 SAN FRANCISCO CA 94103
Nicholas Earl director, officer: President & CEO C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Tencent Holdings Ltd director, 10 percent owner ROOM 3506, 35TH FLOOR, TOWER 2, LIPPO CENTRE, ADMIRALTY K3 00000

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