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REAC Group (REAC Group) Gross Property, Plant and Equipment : $0.00 Mil (As of Dec. 2019)


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What is REAC Group Gross Property, Plant and Equipment?


REAC Group Gross Property, Plant and Equipment Historical Data

The historical data trend for REAC Group'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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REAC Group Gross Property, Plant and Equipment Chart

REAC Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Property, Plant and Equipment
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REAC Group Quarterly Data
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REAC Group 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.


REAC Group  (OTCPK:REAC) 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.


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REAC Group (REAC Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
74th Street UNIT 1, 3400 North-West, Miami, FL, USA, 33122
REAC Group Inc owns and operates the real estate advertising portal website. The company provides an online website that serves as an internet portal that features a real estate search engine and a media network that directs consumers to receive detailed information about agents, offices, and current listings, homes for sale, commercial properties, mortgages, and foreclosures. It provides a service that enables real estate professionals to grow their businesses online.
Executives
Robert Deangelis director, 10 percent owner, officer: President,Secretary,Treasurer 8878 COVENANT AVENUE NO. 209 PITTSBURGH PA 15237
Baker Myers & Associates, Llc 10 percent owner 4124 FRANKLIN ROAD NASHVILLE TN 37204
Ivan Baca 10 percent owner 2885 E. MIDWAY BLVD., NO. 432 BROOMFIELD CO 80234
Eric Daniel Strom 10 percent owner 110 APACHE PLUME ST. BRIGHTON CO 80601

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