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ZoomInfo Technologies (ZoomInfo Technologies) Gross Property, Plant and Equipment : $206 Mil (As of Dec. 2023)


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What is ZoomInfo Technologies Gross Property, Plant and Equipment?

ZoomInfo Technologies's quarterly gross PPE increased from Jun. 2023 ($175 Mil) to Sep. 2023 ($193 Mil) and increased from Sep. 2023 ($193 Mil) to Dec. 2023 ($206 Mil).

ZoomInfo Technologies's annual gross PPE increased from Dec. 2021 ($131 Mil) to Dec. 2022 ($157 Mil) and increased from Dec. 2022 ($157 Mil) to Dec. 2023 ($206 Mil).


ZoomInfo Technologies Gross Property, Plant and Equipment Historical Data

The historical data trend for ZoomInfo 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.

ZoomInfo Technologies Gross Property, Plant and Equipment Chart

ZoomInfo Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 71.30 82.70 131.20 157.10 206.40

ZoomInfo 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 157.10 160.40 175.10 193.30 206.40

ZoomInfo 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.


ZoomInfo Technologies  (NAS:ZI) 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.


ZoomInfo Technologies Gross Property, Plant and Equipment Related Terms

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ZoomInfo Technologies (ZoomInfo Technologies) Business Description

Industry
Traded in Other Exchanges
Address
805 Broadway Street, Suite 900, Vancouver, WA, USA, 98660
ZoomInfo Technologies Inc provides a go-to-market intelligence platform for sales and marketing teams. Its cloud-based go-to-market data and insights platform deliver comprehensive and high-quality intelligence and analytics to provide sales and marketing professionals with accurate information and insights on the organizations and professionals. Nearly all of its revenue is derived from the United States.
Executives
Ali Dasdan officer: Chief Technology Officer C/O ZOOMINFO TECHNOLOGIES INC.,, 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Sriprasadh Cadambi officer: Chief Accounting Officer 805 BROADWAY ST, SUITE 900, VANCOUVER WA 98660
Peter Cameron Hyzer officer: Chief Financial Officer C/O ZOOMINFO TECHNOLOGIES INC., 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Joseph Christopher Hays officer: Chief Revenue Officer C/O ZOOMINFO TECHNOLOGIES INC., 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Henry Schuck director, 10 percent owner, officer: Chief Executive Officer C/O ZOOMINFO TECHNOLOGIES INC., 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Nir Keren officer: Chief Technology Officer C/O ZOOMINFO TECHNOLOGIES INC., 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Carlyle Group Inc. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Cg Subsidiary Holdings L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Keith Enright director C/O ZOOMINFO TECHNOLOGIES INC., 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Alison Gleeson director C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Mark Patrick Mader director 3514 45TH AVE NE, SEATTLE WA 98105
Kirk Norman Brown 10 percent owner C/O WILDWOOD LAW GROUP, 3519 NE 15TH AVE, #362, PORTLAND OR 97212
Do Holdings (wa), Llc 10 percent owner C/O ZOOMINFO TECHNOLOGIES INC., 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Jason Mironov director TA ASSOCIATES MANAGMENT, L.P., 200 CLARENDON STREET, 56TH FLOOR, BOSTON MA 02116
Ta Associates, L.p. director, 10 percent owner 200 CLARENDON STREET, 56TH FLOOR, BOSTON MA 02116