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Kartoon Studios (Kartoon Studios) Gross Property, Plant and Equipment : $17.40 Mil (As of Dec. 2023)


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What is Kartoon Studios Gross Property, Plant and Equipment?

Kartoon Studios's quarterly gross PPE declined from Jun. 2023 ($13.46 Mil) to Sep. 2023 ($12.18 Mil) but then increased from Sep. 2023 ($12.18 Mil) to Dec. 2023 ($17.40 Mil).

Kartoon Studios's annual gross PPE increased from Dec. 2021 ($3.96 Mil) to Dec. 2022 ($17.17 Mil) and increased from Dec. 2022 ($17.17 Mil) to Dec. 2023 ($17.40 Mil).


Kartoon Studios Gross Property, Plant and Equipment Historical Data

The historical data trend for Kartoon Studios'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.

Kartoon Studios Gross Property, Plant and Equipment Chart

Kartoon Studios Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.59 2.53 3.96 17.17 17.40

Kartoon Studios Quarterly Data
Mar19 Jun19 Sep19 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 17.17 13.96 13.46 12.18 17.40

Kartoon Studios 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.


Kartoon Studios  (AMEX:TOON) 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.


Kartoon Studios Gross Property, Plant and Equipment Related Terms

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Kartoon Studios (Kartoon Studios) Business Description

Traded in Other Exchanges
Address
190 N. Canon Drive, 4th Floor, Beverly Hills, CA, USA, 90210
Kartoon Studios Inc is a media company developing, producing, marketing, and licensing branded animated entertainment properties and consumer products for media and retail distribution. Its portfolio features programming for toddlers to tweens, including the preschool properties Rainbow Rangers for Nick Jr. and Llama Llama for Netflix, Stan Lee's Superhero Kindergarten, Shaq's Garage, toddler brand Baby Genius, STEM-based series Thomas Edison's Secret Lab, Warren Buffett's Secret Millionaires Club, and the new preschool show, Stan Lee's Superhero Kindergarten. The company's channel is available on television and mobile devices through distribution platforms, including Comcast, Cox, DISH, Sling TV, Apple TV, Roku, Android TV, Tubi, Xumo, and Amazon Fire.
Executives
Brian Parisi officer: CFO 3873 HAMPSTEAD RD., LA CANADA FLINTRIDGE CA 91011
Henry Iii Sicignano director 8201 MAIN STREET, SUITE 6, WILLIAMSVILLE NY 14221
Cynthia Turner-graham director C/O GENIUS BRANDS INTERNATIONAL, INC., 190 N. CANON DRIVE, 4TH FL, BEVERLY HILLS CA 90210
Michael Hirsh director 16 WYCHWOOD PARK, TORONTO Z4 M6G 2V5
Stefan Piech director WOLLZEILE 6-8/II/2/TOP 50, VIENNA C4 1010
Harold Chizick officer: Pres. Content Sales & Mkting 202 HILLHURST BLVD., NORTH YORK, ONTARIO Z4 M5N 1P4
Zrinka Dekic officer: See Remarks C/O GENIUS BRANDS INTERNATIONAL, INC., 190 N. CANON DRIVE, 4TH FLOOR, BEVERLY HILLS CA 90210
Michael G Klein director 433 N. CANDEN DR., #500, BEVERLY HILLS CA 90210
Karen Mctier director 190 NORTH CANON DRIVE, 4TH FLOOR, BEVERLY HILLS CA 90210
Andrew A Heyward director, 10 percent owner, officer: CEO 9401 WILSHIRE BOULEVARD, SUITE 608, BEVERLY HILLS CA 90212
Michael Jaffa officer: Genl Counsel & SVP Bus. Aff. C/O GENIUS BRANDS INTERNATIONAL, INC., 131 S. RODEO DRIVE, SUITE 250, BEVERLY HILLS CA 90212
Robert L. Denton officer: Chief Financial Officer C/O GENIUS BRANDS INTERNATIONAL, INC., 131 S. RODEO DRIVE, SUITE 250, BEVERLY HILLS CA 90212
Gray Davis director C/O SOURCE INTERLINK COMPANIES, INC., 27500 RIVERVIEW CENTER BLVD., SUITE 400, BONITA SPRINGS FL 34134
Gregory Payne officer: EVP Oper. & Legal/Bus. Affairs 9401 WILSHIRE BOULEVARD, SUITE 608, BEVELY HILLS CA 90212
Lynne A Segall director 9401 WILSHIRE BOULEVARD, SUITE 608, BEVERLY HILLS CA 90212