Happy Town Holdings (Happy Town Holdings) Gross Property, Plant and Equipment : $0.24 Mil (As of Mar. 2013)

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What is Happy Town Holdings Gross Property, Plant and Equipment?

Happy Town Holdings's quarterly gross PPE stayed the same from Aug. 2012 ($0.00 Mil) to Nov. 2012 ($0.00 Mil) but then increased from Nov. 2012 ($0.00 Mil) to Mar. 2013 ($0.24 Mil).

Happy Town Holdings Gross Property, Plant and Equipment Historical Data

The historical data trend for Happy Town 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.

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Happy Town Holdings Gross Property, Plant and Equipment Chart

Happy Town Holdings Annual Data

Trend

Feb12

Gross Property, Plant and Equipment

Happy Town Holdings Quarterly Data
	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Mar13
Gross Property, Plant and Equipment	Get a 7-Day Free Trial			-	-	-	-	0.24

Happy Town 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.

Happy Town Holdings (OTCPK:HPTN) 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.

Happy Town Holdings Gross Property, Plant and Equipment Related Terms

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Happy Town Holdings (Happy Town Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Happy Town Holdings Inc (OTCPK:HPTN) » Definitions » Gross Property, Plant and Equipment

Comparable Companies

Traded in Other Exchanges

N/A

Address

42 Broadway, New York, NY, USA, 10004

Website

http://www.happytownholdigs.com

Happy Town Holdings Inc is a health and wellness company. The company is focused on developing or acquiring natural-based solutions to promote better health. It is engaged in researching new investment opportunities in the health and wellness sector.

Happy Town Holdings (Happy Town Holdings) Headlines

From GuruFocus

Happy Town Holdings, Inc. (OTCPK:HPTN) Announces Submission of Financial Statements to OTC Markets

By hollywood1450@yahoo.ca hollywood1450@yahoo.ca • 11-05-2019

HPTN Health and Wellness add West Coast Real Estate

By hollywood1450@yahoo.ca hollywood1450@yahoo.ca • 11-05-2019

Happy Town Holdings Inc. Announces formation of new Chinese Subsidiary

By hollywood1450@yahoo.ca hollywood1450@yahoo.ca • 03-20-2020

Letter to Happy Town Holdings, Inc. Shareholders

By hollywood1450@yahoo.ca hollywood1450@yahoo.ca • 05-21-2019