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CFN Enterprises (CFN Enterprises) Gross Property, Plant and Equipment : $2.25 Mil (As of Mar. 2024)


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What is CFN Enterprises Gross Property, Plant and Equipment?

CFN Enterprises's quarterly gross PPE declined from Sep. 2023 ($2.56 Mil) to Dec. 2023 ($2.39 Mil) and declined from Dec. 2023 ($2.39 Mil) to Mar. 2024 ($2.25 Mil).

CFN Enterprises's annual gross PPE stayed the same from Dec. 2021 ($8.81 Mil) to Dec. 2022 ($0.18 Mil) but then increased from Dec. 2022 ($0.18 Mil) to Dec. 2023 ($2.39 Mil).


CFN Enterprises Gross Property, Plant and Equipment Historical Data

The historical data trend for CFN Enterprises'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.

CFN Enterprises Gross Property, Plant and Equipment Chart

CFN Enterprises 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 0.01 0.02 8.81 0.18 2.39

CFN Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.16 0.33 2.56 2.39 2.25

CFN Enterprises 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.


CFN Enterprises  (OTCPK:CNFN) 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.


CFN Enterprises Gross Property, Plant and Equipment Related Terms

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CFN Enterprises (CFN Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
600 E.8th Street, Whitefish, MT, USA, 59937
CFN Enterprises Inc is a creative agency and media network dedicated to the legal cannabis industry. Its CFN Business generates revenue through sponsored content, articles, press releases, videos, podcasts, advertisements, and other media, email advertisements, and other marketing campaigns run on behalf of public and private companies in the cannabis industry.
Executives
Anness Ziadeh officer: Chief Sales/Marketing Officer 600 EAST 8TH STREET, WHITEFISH MT 59937
Rami Abi 10 percent owner, officer: Chief Strategy Officer 600 EAST 8TH STREET, WHITEFISH MT 59937
Allen Park 10 percent owner, officer: Chief Operating Officer 600 EAST 8TH STREET, WHITEFISH MT 59937
Brian S Ross director, officer: President & CEO C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937
Anthony Zingarelli 10 percent owner 600 E. 8TH STREET, WHITEFISH MT 59937
Frank Lane officer: President of CFN Media 2601 OCEAN PARK BLVD., SUITE 310, SANTA MONICA CA 90405
Darren Dayton 10 percent owner 143 CALLE MAYOR, REDONDO BEACH CA 90277
Ryan Beedie Family Trust Iii 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Ryan Beedie 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
4358 Investments Ltd 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Oyii Holdings Ltd. 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Investments Ltd 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Holdings Ltd. 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Paul Dumais officer: Sr. VP, Product Development C/O ACCELERIZE, INC., 20411 SW BIRCH STREET, SUITE 250, NEWPORT BEACH CA 92660
Damon S Stein officer: General Counsel C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937