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Indigenous Roots (Indigenous Roots) Gross Property, Plant and Equipment : $0.00 Mil (As of Nov. 2021)


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What is Indigenous Roots Gross Property, Plant and Equipment?

Indigenous Roots's quarterly gross PPE stayed the same from May. 2021 ($0.83 Mil) to Aug. 2021 ($0.83 Mil) but then declined from Aug. 2021 ($0.83 Mil) to Nov. 2021 ($0.00 Mil).

Indigenous Roots's annual gross PPE stayed the same from Aug. 2019 ($0.82 Mil) to Aug. 2020 ($0.77 Mil) but then increased from Aug. 2020 ($0.77 Mil) to Aug. 2021 ($0.83 Mil).


Indigenous Roots Gross Property, Plant and Equipment Historical Data

The historical data trend for Indigenous Roots'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.

Indigenous Roots Gross Property, Plant and Equipment Chart

Indigenous Roots Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.82 0.77 0.83

Indigenous Roots Quarterly Data
Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21
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 0.77 0.75 0.83 0.83 -

Indigenous Roots 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.


Indigenous Roots  (OTCPK:IRCC) 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.


Indigenous Roots Gross Property, Plant and Equipment Related Terms

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Indigenous Roots (Indigenous Roots) Business Description

Traded in Other Exchanges
N/A
Address
41 Puget Drive, Steilacoom, WA, USA, 98388
Indigenous Roots Corp is in the Renewable Energy sector. Its revenue is derived from the generation of electricity utilizing the solar power generating system.
Executives
Steven Wayne Parsons director, officer: Pres/CEO/CFO/Sec/Treas 1455 CORLEY DRIVE LONDON A6 N6G 2K5
Monaco Capital Inc. 10 percent owner 7 NEW ROAD, SECOND FLOOR, #6 BELIZE CITY D1 00000
Peter Donald Jenks director 3-408 - 12TH AVENUE ESTEVAN A9 S4A 1E5
Karl Eric Kottmeier director, officer: President,Secretary,Treasurer 802 - 700 WEST PENDER STREET VANCOUVER A1 V6C 1G8

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