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LGBTQ Loyalty Holdings (LGBTQ Loyalty Holdings) Property, Plant and Equipment : $0.00 Mil (As of Sep. 2022)


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What is LGBTQ Loyalty Holdings Property, Plant and Equipment?

LGBTQ Loyalty Holdings's annual net PPE declined from Dec. 2019 ($0.00 Mil) to Dec. 2020 ($0.00 Mil) but then stayed the same from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.00 Mil).


LGBTQ Loyalty Holdings Property, Plant and Equipment Historical Data

The historical data trend for LGBTQ Loyalty Holdings'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.

LGBTQ Loyalty Holdings Property, Plant and Equipment Chart

LGBTQ Loyalty Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Property, Plant and Equipment
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LGBTQ Loyalty Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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LGBTQ Loyalty Holdings 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.


LGBTQ Loyalty Holdings  (OTCPK:LFAP) 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.


LGBTQ Loyalty Holdings Property, Plant and Equipment Related Terms

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LGBTQ Loyalty Holdings (LGBTQ Loyalty Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2435 N Dixie Highway, Wilton Manors, FL, USA, 33305
LGBTQ Loyalty Holdings Inc is a financial methodology and media company that quantifies corporate equality alignment with the LGBTQ community and its supporters. The company delivers progressive financial indices and marketing platforms for the LGBTQ community and its supporters. It has benchmarked the first-ever U.S. Loyalty Preference Index, which the company believes empowers the LGBTQ community to express their preferences for the nation's high-performing corporations most dedicated to advancing equality.
Executives
Deborah Fuhr director C/O LGBTQ LOYALTY HOLDINGS, INC.,, 2435 N DIXIE HWY, WILTON MANORS FL 33305
Paul Andrew Berry director, other: See "Remarks" below C/O LGBTQ LOYALTY HOLDINGS, INC., 2435 N DIXIE HWY, WILTON MANORS FL 33305
Maxim Partners Llc 10 percent owner C/O MAXIM GROUP LLC, 99 SUNNYSIDE BLVD., WOODBURY NY 11797
Mjr Holdings Llc 10 percent owner C/O MAXIM GROUP LLC, 99 SUNNYSIDE BLVD., WOODBURY NY 11797
Michael Rabinowitz 10 percent owner MAXIM GROUP, LLC, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Brian Neal 10 percent owner, officer: President POLO PLAZA, 3790 VIA DE LA VALLE, #125E, DEL MAR CA 92014
Robert A. Blair director, officer: CEO, CFO 3790 VIA DE LA VALLE, #125E, DEL MAR, CA 92014
Lesly Ann Thompson 10 percent owner 5404 CODY DRIVE, WEST DES MOINES IA 50266
Lawrence Patrick Roan director, 10 percent owner C/O LIFEAPPS BRANDS INC., 3790 VIA DE LA VALLE #116E, DE MAR CA 92014
Arnold Tinter director, 10 percent owner, officer: CFO, Treasurer and Secretary 8530 WILSHIRE BLVD, SUITE 450, BEVERLY HILLS CA 90211
Robert Gayman director, 10 percent owner, officer: CEO, President and Chairman C/O ETF DIGITAL., 10120 W FLAMINGO RD. #4632, LAS VEGAS NV 89147
Howard Fuller director LIFEAPPS DIGITAL MEDIA INC., 5752 OBERLIN DRIVE, SAN DIEGO CA 92121

LGBTQ Loyalty Holdings (LGBTQ Loyalty Holdings) Headlines