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AVNI (Arvana) Gross Property, Plant and Equipment : $0.14 Mil (As of Sep. 2024)


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What is Arvana Gross Property, Plant and Equipment?

Arvana's quarterly gross PPE stayed the same from Mar. 2024 ($0.19 Mil) to Jun. 2024 ($0.19 Mil) but then declined from Jun. 2024 ($0.19 Mil) to Sep. 2024 ($0.14 Mil).

Arvana's annual gross PPE stayed the same from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.00 Mil) but then increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($0.19 Mil).


Arvana Gross Property, Plant and Equipment Historical Data

The historical data trend for Arvana'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.

Arvana Gross Property, Plant and Equipment Chart

Arvana 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 - - - - 0.19

Arvana Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.18 0.19 0.19 0.19 0.14

Arvana 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.


Arvana  (OTCPK:AVNI) 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.


Arvana Gross Property, Plant and Equipment Related Terms

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Arvana Business Description

Industry
Traded in Other Exchanges
N/A
Address
299 South Main Street, 13th Floor, Salt Lake, UT, USA, 84111
Arvana Inc operates a Florida-based fishing charter business offering a range of curated maritime adventures, including inshore, offshore, and custom charters for fishing enthusiasts, nature lovers, and tourists. The business is operated from a private dock in Palmetto, Florida that services the Tampa Bay area in addition to St Petersburg, Sarasota, Venice, Port Charlotte, and Clearwater. It generates revenue from the sale and provision of fishing charter services.
Executives
Brian Lovig 10 percent owner 601 UNION STREET, 42ND FLOOR, SEATTLE WA 98101
Bondock Llc 10 percent owner 1057 WHITNEY RANCH DRIVE, SUITE 350, HENDERSON NV 89014
Carl Dawson director 21650 OXNARD STREET, UNITE 1405, WOODLANDHILLS CA 91367
Matthew Bentley Hoover director 5420 YOLANDA AVE, #111, TARZANA CA 91356
Alkiviades David 10 percent owner, other: Indirect beneficial owner 338 N. CANON DRIVE, 3RD FLOOR, BEVERLY HILLS CA 90210
Altaf Nazerali 10 percent owner 555 PALISADE DR, V6R 2H9, N VANCOUVER BC A1
Biltmore International Corporation 10 percent owner 1090 KING GEORGES POST ROAD, SUITE 203, EDISON NJ 08837
Shawn Michael Teigen director 163 WILLIAMS AVE, SALT LAKE CITY UT 84111
Ruairidh Campbell director, officer: CEO,CRO,PAO 600 WESTWOOD TERRACE, AUSTIN TX 78746
Wayne Nathan Smith officer: Chief Financial Officer 1015 IRONWORK PASSAGE, VANCOUVER A1 V6H 3R4
Brulex - Consultadoria Economica E Marketing Lda 10 percent owner RUA DA ALFANDEGA 13, 9000-059 FUNCHAL, MADEIRA S1 0000
Karen Engleson officer: CORPORATE SECRETARY SUITE 2610 - 1066 WEST HASTINGS STREET, VANCOUVER A1 V6E 3X2
Jervis Michael John Stewart director SUITE 2610, 1066 WEST HASTINGS ST, VANCOUVER A1 V6E 3X2
Ross Wilmot director 13548 19TH AVE., V4A 6B4, S. SURREY BC A1 00000
Teyfik Oezcan officer: Vice-President, Europe HALLOTEL DEUTSCHLAND GMBH, OTTO-HAHN STRASSE 8, LANGEN 2M 63225