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BNIX (Bannix Acquisition) Property, Plant and Equipment : $0.00 Mil (As of Dec. 2024)


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What is Bannix Acquisition Property, Plant and Equipment?


Bannix Acquisition Property, Plant and Equipment Historical Data

The historical data trend for Bannix Acquisition's 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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Bannix Acquisition Property, Plant and Equipment Chart

Bannix Acquisition Annual Data
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Property, Plant and Equipment
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Bannix Acquisition Quarterly Data
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Bannix Acquisition Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


Bannix Acquisition  (NAS:BNIX) 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.


Bannix Acquisition Property, Plant and Equipment Related Terms

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Bannix Acquisition Business Description

Traded in Other Exchanges
N/A
Address
300 Delaware Avenue, Suite 210, No. 301, Wilmington, DE, USA, 19807
Website
Bannix Acquisition Corp is a blank check company.
Executives
Ned L Siegel director 600 WILSHIRE BOULEVARD, LOS ANGELES CA 90017
Douglas Landers Davis director, officer: Chief Executive Officer C/O GOPHER PROTOCOL,, 2500 BROADWAY,SUITE F-125, SANTA MONICA CA 90404
Jamal Khurshid director BEAMS END, OLD BRIGHTON ROAD, PEASE POTTAGE X0 RH11 9AJ
Craig Marshak director C/O TRAFALGAR CAPITAL ADVISORS, 18851 NORTHEAST 29 AVENUE, SUITE 306, AVENTURA FL 33180
Eric Todd Shuss director 7322 E. EQUITATION WAY, ORANGE CA 92869