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Mountain High Acquisitions (Mountain High Acquisitions) Property, Plant and Equipment : $0.09 Mil (As of Dec. 2020)


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What is Mountain High Acquisitions Property, Plant and Equipment?

Mountain High Acquisitions's quarterly net PPE declined from Jun. 2020 ($0.11 Mil) to Sep. 2020 ($0.10 Mil) and declined from Sep. 2020 ($0.10 Mil) to Dec. 2020 ($0.09 Mil).

Mountain High Acquisitions's annual net PPE increased from Mar. 2018 ($0.17 Mil) to Mar. 2019 ($0.31 Mil) but then declined from Mar. 2019 ($0.31 Mil) to Mar. 2020 ($0.12 Mil).


Mountain High Acquisitions Property, Plant and Equipment Historical Data

The historical data trend for Mountain High Acquisitions'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.

Mountain High Acquisitions Property, Plant and Equipment Chart

Mountain High Acquisitions Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.17 0.31 0.12

Mountain High Acquisitions Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.12 0.12 0.11 0.10 0.09

Mountain High Acquisitions 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.


Mountain High Acquisitions  (OTCPK:MYHI) 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.


Mountain High Acquisitions Property, Plant and Equipment Related Terms

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Mountain High Acquisitions (Mountain High Acquisitions) Business Description

Traded in Other Exchanges
N/A
Address
6501 E Greenway Parkway, Suite 103-412, Scottsdale, AZ, USA, 85254
Mountain High Acquisitions Corp is turnkey, cutting-edge infrastructure provider to licensed cannabis growers, processors, and producers in regulated markets. In addition to assisting in the design, permitting, development and operation of scalable infrastructure, the company helps licensed operators leverage scientific and technological innovations specifically geared to optimize the cultivation and processing of cannabis.
Executives
Alan M Smith director, officer: President, CEO and Treasurer 1624 MARKET STREET, SUITE 202, DENVER CO 80202
Judy Pham 10 percent owner 578 WASHINGTON BLVD. SUITE 578 MARINA DEL REY CA 90292
Alchemy Capital Llc 10 percent owner 578 WASHINGTON BLVD. SUITE 578 MARINA DEL REY CA 90292
Trilogy Capital Llc 10 percent owner 578 WASHINGTON BOULEVARD SUITE 578 MARINA DEL REY CA 90292
Matthew Wayne Walker director 1740 GERANIUM STREET CARLSBAD CA 92011
Richard G Stifel other: Consultant 6501 E. GREENWAY PKWY, SUITE 103-412, SCOTTSDALE AZ 85254
Raymond Watt director 16339 PINTRO RIDGE DRIVE SAN DIEGO CA 92127
Steve S Sinohui 10 percent owner 2789 S. LAMAR STREET DENVER CO 80227