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BBQ Holdings (BBQ Holdings) Gross Property, Plant and Equipment : $181.1 Mil (As of Jun. 2022)


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What is BBQ Holdings Gross Property, Plant and Equipment?

BBQ Holdings's quarterly gross PPE increased from Dec. 2021 ($152.5 Mil) to Mar. 2022 ($156.6 Mil) and increased from Mar. 2022 ($156.6 Mil) to Jun. 2022 ($181.1 Mil).

BBQ Holdings's annual gross PPE increased from Dec. 2019 ($73.1 Mil) to Dec. 2020 ($123.3 Mil) and increased from Dec. 2020 ($123.3 Mil) to Dec. 2021 ($152.5 Mil).


BBQ Holdings Gross Property, Plant and Equipment Historical Data

The historical data trend for BBQ Holdings'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.

BBQ Holdings Gross Property, Plant and Equipment Chart

BBQ Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.07 41.12 73.09 123.33 152.47

BBQ Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 122.25 149.84 152.47 156.60 181.15

BBQ Holdings 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.


BBQ Holdings  (NAS:BBQ) 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.


BBQ Holdings Gross Property, Plant and Equipment Related Terms

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BBQ Holdings (BBQ Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
12701 Whitewater Drive, Suite 100, Minnetonka, MN, USA, 55343
BBQ Holdings Inc operates restaurants, which offer full table service, feature wood-smoked and off-the-grill entree favorites that fit into the barbeque category. It has company-owned and franchise-operated restaurants in the United States, Canada, and the UAE and it operates within the industry segment of foodservice. Each restaurant features a selection of hickory-smoked and off-the-grill barbecue favorites, such as flame-grilled St. Louis-style and baby back ribs, Texas beef brisket, Georgia chopped pork, country-roasted chicken, and signature sandwiches and salads. Its restaurants offer side items, such as cornbread, potato salad, coleslaw, Shack Fries, and Wilbur Beans.
Executives
Kanen Wealth Management Llc 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Jeffrey Crivello director 12701 WHITEWATER DRIVE, SUITE 200, MINNETONKA MN 55343
Bryan Lowell Wolff director C/O FAMOUS DAVE'S OF AMERICA, INC., 12701 WHITEWATER DRIVE, SUITE 200, MINNETONKA MN 55343
Albert W. Hank officer: Chief Operating Officer 12701 WHITEWATER DRIVE #100, MINNETONKA MN 55343
Jason Schanno officer: Chief Financial Officer 643 2ND AVENUE NW, `FOREST LAKE MN 55025
Rachel Maga director 1815 EAST CARSON STREET, PITTSBURG PA 15203
Bandera Partners Llc 10 percent owner 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
David Kanen 10 percent owner, other: Passive Investor 6429 NW 65TH WAY, PARKLAND FL 33067
James Gerhard Gilbertson officer: CFO 3709 DUNBAR KNOLL, BROOKLYN PARK MN 55443
Pw Partners Atlas Fund Lp other: See Footnote 1 141 W. JACKSON BLVD., SUITE 1702, CHICAGO IL 60604
Peter O. Haeg director 12701 WHITEWATER DR, SUITE 190, MINNETONKA MN 55343
Richard S. Welch director C/O COLONY NORTHSTAR, INC., 515 S. FLOWER STREET, LOS ANGELES CA 90071
Philotimo Fund, Lp 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Richard A Shapiro director C/O WEXFORD CAPITAL, 411 WEST PUTNAM AVE, SUITE 125, GREENWICH CT 06830
Wexford Focused Investors Llc director, 10 percent owner C/O WEXFORD CAPITAL LP, 411 WEST PUTNAM AVENUE, SUITE 125, GREENWICH CT 06830