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Dolphin Entertainment (Dolphin Entertainment) Property, Plant and Equipment : $5.79 Mil (As of Dec. 2023)


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What is Dolphin Entertainment Property, Plant and Equipment?

Dolphin Entertainment's quarterly net PPE declined from Jun. 2023 ($6.64 Mil) to Sep. 2023 ($6.21 Mil) and declined from Sep. 2023 ($6.21 Mil) to Dec. 2023 ($5.79 Mil).

Dolphin Entertainment's annual net PPE increased from Dec. 2021 ($6.60 Mil) to Dec. 2022 ($7.63 Mil) but then declined from Dec. 2022 ($7.63 Mil) to Dec. 2023 ($5.79 Mil).


Dolphin Entertainment Property, Plant and Equipment Historical Data

The historical data trend for Dolphin Entertainment's 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.

Dolphin Entertainment Property, Plant and Equipment Chart

Dolphin Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.47 7.91 6.60 7.63 5.79

Dolphin Entertainment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.63 7.11 6.64 6.21 5.79

Dolphin Entertainment Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


Dolphin Entertainment  (NAS:DLPN) 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.


Dolphin Entertainment Property, Plant and Equipment Related Terms

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Dolphin Entertainment (Dolphin Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
150 Alhambra Circle, Suite 1200, Coral Gables, FL, USA, 33134
Dolphin Entertainment Inc is an entertainment marketing and content development company. It provides strategic marketing and publicity services to many of the top brands, both individual and corporate, in the film, television, music, gaming and hospitality industries. Viewpoint Creative and Be Social complement the efforts with full-service creative branding and production capabilities as well as social media and influencer marketing services.
Executives
William Iv O'dowd director, 10 percent owner, officer: Chief Executive Officer 2151 LE JEUNE ROAD, SUITE 150 MEZZANINE, CORAL GABLES FL 33134
Nelson Famadas director 804 DOUGLAS ROAD, STE 365, MIAMI FL 33134
M Shanken Communications Inc 10 percent owner 825 EIGHTH AVENUE, 33RD FLOOR, NEW YORK NY 10019
Marvin Shanken 10 percent owner 825 FIFTH AVENUE, 33RD FLOOR, NEW YORK NY 10019
Mirta A Negrini director, officer: CFO & COO C/O DOLPHIN ENTERTAINMENT, INC., 150 ALHAMBRA CIRCLE, SUITE 1200, CORAL GABLES FL 33134
Nicholas Stanham director C/O DOLPHIN DIGITAL MEDIA, INC., 2151 LE JEUNE ROAD, SUITE 150-MEZZANINE, CORAL GABLES FL 33134
Charles Joseph Dougiello director 208 JAVA ST., BROOKLYN NY 11222
Claudia Ann Grillo director 11700 NE 6 AVE, BISCAYNE PARK FL 33161
Anthony A. Leo director 1251 14TH STREET, SUITE 209, SANTA MONICA CA 90404
Allan Mayer director C/O DOLPHIN DIGITAL MEDIA, INC., 2151 LE JEUNE ROAD, SUITE 150 MEZZANINE, CORAL GABLES FL 33134
Justo L. Pozo director, 10 percent owner C/O DOLPHIN DIGITAL MEDIA, INC., 2151 LEJEUNE ROAD, SUITE 150-MEZZANINE, CORAL GABLES FL 33134
Pozo Opportunity Fund Ii, Llc 10 percent owner 700 BILTMORE WAY - 1011, CORAL GABLES FL 33134
Michael Espensen director 804 DOUGLAS ROAD, SUITE 365, MIAMI FL 33134