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RiceBran Technologies (RiceBran Technologies) Gross Property, Plant and Equipment : $8.85 Mil (As of Dec. 2023)


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What is RiceBran Technologies Gross Property, Plant and Equipment?

RiceBran Technologies's quarterly gross PPE declined from Jun. 2023 ($10.98 Mil) to Sep. 2023 ($10.40 Mil) and declined from Sep. 2023 ($10.40 Mil) to Dec. 2023 ($8.85 Mil).

RiceBran Technologies's annual gross PPE stayed the same from Dec. 2021 ($30.97 Mil) to Dec. 2022 ($10.37 Mil) but then declined from Dec. 2022 ($10.37 Mil) to Dec. 2023 ($8.85 Mil).


RiceBran Technologies Gross Property, Plant and Equipment Historical Data

The historical data trend for RiceBran Technologies'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.

RiceBran Technologies Gross Property, Plant and Equipment Chart

RiceBran Technologies 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 33.83 32.18 30.97 10.37 8.85

RiceBran Technologies 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 10.37 31.29 10.98 10.40 8.85

RiceBran Technologies 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.


RiceBran Technologies  (OTCPK:RIBT) 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.


RiceBran Technologies Gross Property, Plant and Equipment Related Terms

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RiceBran Technologies (RiceBran Technologies) Business Description

Traded in Other Exchanges
N/A
Address
25420 Kuykendahl Road, Suite B300, Tomball, TX, USA, 77375
RiceBran Technologies is a specialty ingredient company focused on the development, production, and marketing of products derived from traditional and ancient small grains. The company has proprietary and patented intellectual property that allows to convert rice bran, into a number of highly nutritious food, animal nutrition, and specialty ingredient products. Its existing and target customers are food and animal nutrition manufacturers, wholesalers and retailers, both domestically and internationally.
Executives
Eric Tompkins director, officer: Executive Chairman 25420 KUYKENDAHL ROAD, SUITE B300, TOMBALL TX 77375
William J Keneally officer: Interim CFO 28601 CHAGRIN BLVD., CLEVELAND OH 44122
Continental Grain Co 10 percent owner 767 FIFTH AVENUE, NEW YORK NY 10153
Jean Heggie director 25 ALGONQUIN WOOD PLACE, SAINT LOUIS MO 63122
William Black director 3828 BOUQUET RD, WILDWOOD MO 63069
David I. Chemerow director PLAYBOY ENT., INC. - H. SHAPIRO, 680 N LAKE SHORE DRIVE, CHICAGO IL 60611
Todd T Mitchell officer: Executive Vice President 299 S. MAIN STREET, STE.2370, SALT LAKE CITY UT 84111
Brent David Rosenthal director C/O WR HUFF ASSET MANAGEMENT, 67 PARK PLACE, MORRISTOWN NJ 07960
Ari David Gendason director 1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380
Peter Bradley director 777 E. WISCONSIN AVE., MILWAUKEE WI 53202
David Goldman director 1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380
Beth L Bronner director 2928 RAMCO STREET, SUITE 120, C/O RICEBRAN TECHNOLOGIES, WEST SACRAMENTO CA 95691
Brent Robert Rystrom officer: CFO and EVP 1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380
Baruch Halpern director C/O ION NETWORKS INC, 120 CORPORATE BLVD, S PLAINFIELD NJ 07080
Henk Hoogenkamp director 1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380