GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FCCC Inc (OTCPK:FCIC) » Definitions » Gross Property, Plant and Equipment

FCCC (FCIC) Gross Property, Plant and Equipment : $0.00 Mil (As of Jun. 2024)


View and export this data going back to . Start your Free Trial

What is FCCC Gross Property, Plant and Equipment?


FCCC Gross Property, Plant and Equipment Historical Data

The historical data trend for FCCC'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.

FCCC Gross Property, Plant and Equipment Chart

FCCC Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

FCCC Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

FCCC 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.


FCCC  (OTCPK:FCIC) 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.


FCCC Gross Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of FCCC's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


FCCC Business Description

Traded in Other Exchanges
N/A
Address
17800 Castleton Street, Suite 695, City Of Industry, CA, USA, 91748
FCCC Inc is in search of appropriate transactions such as a merger, acquisition, reverse merger, or other business combination with an operating business or other appropriate financial transaction.
Executives
Frederick L Farrar director C/O WINDROSE MEDICAL PROPERTIES TRUST, 3502 WOODVIEW TRACE #210, INDIANAPOLIS IN 46268
Fnu Oudom director, 10 percent owner, officer: Chairman and President 7700 IRVINE CENTRE DRIVE, SUITE 800, IRVINE CA 92618
American Public Investment Co. 10 percent owner 7700 IRVINE CENTRE DRIVE, SUITE 800, IRVINE CA 92618
Caren D. Currier officer: Chief Financial Officer 7700 IRVINE CENTRE DRIVE, SUITE 800, IRVINE CA 92618
Huijun He 10 percent owner, officer: CEO and Vice President 7700 IRVINE CENTER DRIVE STE 800, IRVINE CA 92618
Chafre, Llc 10 percent owner 3502 WOODVIEW TRACE, SUITE 200, INDIANAPOLIS IN 46032
Fred Merritt director, 10 percent owner 14510 LIMA ROAD, FORT WAYNE IN 46818
Lfm Investments, Inc. 10 percent owner 3924 KITTY HAWK COURT, CARMEL IN 46033
Daniel R Loftus director, officer: Secretary 5210 HEATHROW HILLS DRIVE, BRENTWOOD TN 37027
Claudia B Carucci 10 percent owner 17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Uncle Mills Partners, Llc 10 percent owner 17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Robert Edward Humphreys 10 percent owner PO BOX 990423, BOSTON MA 02199-0423
Zimmerman Bernard & Co Inc 10 percent owner, other: Affiliate of President of Co. 18 HIGH MEADOW ROAD, WESTON CT 06883
Carucci Walter P /ny 10 percent owner C/O CARR SECURITIES CORP, 14 VANDERVENTER AVENUE, SUITE 210, PORT WASHINGTON NY 11050
Lawrence R Yurdin director 431B N TRAIL, STRATFORD CT 06815

FCCC Headlines

From GuruFocus

Directorship and Strategic Outlook

By ACCESSWIRE ACCESSWIRE 10-27-2021