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Kubient (Kubient) Property, Plant and Equipment : $0.00 Mil (As of Mar. 2023)


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What is Kubient Property, Plant and Equipment?

Kubient's annual net PPE increased from Dec. 2020 ($0.02 Mil) to Dec. 2021 ($0.05 Mil) but then declined from Dec. 2021 ($0.05 Mil) to Dec. 2022 ($0.00 Mil).


Kubient Property, Plant and Equipment Historical Data

The historical data trend for Kubient'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.

Kubient Property, Plant and Equipment Chart

Kubient Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Property, Plant and Equipment
- 0.01 0.02 0.05 -

Kubient Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.05 - - - -

Kubient 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.


Kubient  (OTCPK:KBNT) 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.


Kubient Property, Plant and Equipment Related Terms

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Kubient (Kubient) Business Description

Industry
Traded in Other Exchanges
N/A
Address
500 7th Avenue, 8th Floor, New York, NY, USA, 10018
Kubient Inc has developed a cloud-based software platform for real-time trading of digital, programmatic advertising. The platform allows both advertisers and publishers to use machine learning during any programmatic ad space auction.
Executives
Capital Spc Mithaq 10 percent owner C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Alrajhi Turki Saleh A. other: DIRECTOR TO MITHAQ CAPITAL SPC MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Muhammad Asif Seemab other: DIRECTOR TO MITHAQ CAPITAL SPC MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Mitchell Berg officer: Chief Technology Officer 3 PEGS LANE, COLD SPRING HARBOR NY 11724
Leon Zemel officer: Chief Product Officer 45 OXFORD ROAD, NEW ROCHELLE NY 10804
Joshua Adam Weiss officer: Chief Financial Officer 330 SEVENTH AVENUE, 10TH FLOOR, NEW YORK NY 10011
Grainne M Coen director 111 WEST 28TH STREET, NEW YORK NY 10001
Jonathan Bond director C/O SITO MOBILE, LTD., 100 TOWN SQUARE PLACE, SUITE 204, JERSEY CITY NJ 07310
Lawrence G Harris director 180 BAYVIEW AVENUE, NORTHPORT NY 11768
Christopher Francia officer: Chief Product Officer 49 HARDING AVE., VALHALLA NY 10595
Bordes Peter A Jr director, officer: Chief Executive Officer C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Christopher H Smith director C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Paul Damian Roberts director, officer: See Remarks 111 WEST 28TH STREET, NEW YORK NY 10001
Pavel Medvedev officer: Chief Technology Officer 228 PARK AVENUE SOUTH, SUITE 72602, NEW YORK NY 10003
Christopher Andrews officer: Chief Digital Officer 228 PARK AVENUE SOUTH, SUITE 72602, NEW YORK NY 10003