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SUAC (ShoulderUp Technology Acquisition) Gross Property, Plant and Equipment : $0.00 Mil (As of Sep. 2024)


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What is ShoulderUp Technology Acquisition Gross Property, Plant and Equipment?


ShoulderUp Technology Acquisition Gross Property, Plant and Equipment Historical Data

The historical data trend for ShoulderUp Technology Acquisition'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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ShoulderUp Technology Acquisition Gross Property, Plant and Equipment Chart

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ShoulderUp Technology Acquisition Quarterly Data
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ShoulderUp Technology Acquisition 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.


ShoulderUp Technology Acquisition  (OTCPK:SUAC) 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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ShoulderUp Technology Acquisition Business Description

Traded in Other Exchanges
N/A
Address
125 Townpark Drive, Suite 3000, Kennesaw, GA, USA, 30144
ShoulderUp Technology Acquisition Corp is a blank check company. The company's business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Danelle Marie Barrett director 50 ENTERPRISE CENTER, KVH INDUSTRIES, INC., MIDDLETOWN RI 02842
Shawn Henry director CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Lauren C Anderson director C/O IMAGEWARE SYSTEMS INC., 13500 EVENING CREEK DRIVE N STE 550, SAN DIEGO CA 92128
Vincent R. Stewart director C/O AMERICAN PUBLIC EDUCATION, INC., 111 WEST CONGRESS STREET, CHARLES TOWN WV 25414
Stacey Y. Abrams director 125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Janice Bryant Howroyd director 125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Grace Vandecruze officer: Chief Financial Officer 125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Shoulderup Technology Sponsor, Llc 10 percent owner 125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144

ShoulderUp Technology Acquisition Headlines

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