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HUMBL (HMBL) Property, Plant and Equipment : $0.01 Mil (As of Sep. 2024)


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What is HUMBL Property, Plant and Equipment?

HUMBL's quarterly net PPE declined from Mar. 2024 ($0.01 Mil) to Jun. 2024 ($0.01 Mil) and declined from Jun. 2024 ($0.01 Mil) to Sep. 2024 ($0.01 Mil).

HUMBL's annual net PPE declined from Dec. 2021 ($0.36 Mil) to Dec. 2022 ($0.02 Mil) and declined from Dec. 2022 ($0.02 Mil) to Dec. 2023 ($0.01 Mil).


HUMBL Property, Plant and Equipment Historical Data

The historical data trend for HUMBL'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.

* Premium members only.

HUMBL Property, Plant and Equipment Chart

HUMBL Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 2.27 - 0.36 0.02 0.01

HUMBL Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.02 0.01 0.01 0.01 0.01

HUMBL 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.


HUMBL  (OTCPK:HMBL) 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.


HUMBL Property, Plant and Equipment Related Terms

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HUMBL Business Description

Industry
Traded in Other Exchanges
N/A
Address
101 W. Broadway, Suite 1450, San Diego, CA, USA, 92101
HUMBL Inc is a digital commerce company. It operates a platform to connect consumers, businesses, and governments in the digital economy. HUMBL provides simple tools and packaging for complex new technologies such as blockchain, in the same way that previous cycles of e-commerce and the cloud were more simply packaged by companies such as Facebook, Apple, Amazon and Netflix over the past several decades. The company's segment includes Consumer and Commercial. It generates maximum revenue from the Consumer segment. They account for revenues based on the verticals in which they were earned, the three principal verticals being HUMBL Wallet, and HUMBL Marketplace, HBS.
Executives
Dcr, Llc 10 percent owner 5 WICKS END LANE, WILTON CT 06897
David W Whitwell officer: Chief Financial Officer, VP
Forrest Jordan director, 10 percent owner, Senior VP, Director PO BOX 412, PALM CITY FL 34991
Grey Pema director, 10 percent owner, Senior VP, Director 2403 SW MURPHY RD, PALM CITY FL 34991
Joseph A Equale director 51 TURTLENECK ROAD, WILTON CT 06807
Paul F Boucher director, 10 percent owner 1006 SW WOODCREEK DR, PALM CITY FL 34952
James Lafond director 1005 EATON DR, MCLEAN VA 22102
Carl Anderson director 2400 BERNVILLE RD, READING PA 19605
Robert B Rogers director 15 PADDOCK CIRCLE, EAST FALMOUTH MA 02536
Boucher Henry J Jr director, 10 percent owner, officer: Chief Financial Officer 5 WICKS END LANE, WILTON CT 06897