GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hartford Great Health Corp (OTCPK:HFUS) » Definitions » Gross Property, Plant and Equipment

Hartford Great Health (Hartford Great Health) Gross Property, Plant and Equipment : $0.00 Mil (As of Jan. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Hartford Great Health Gross Property, Plant and Equipment?

Hartford Great Health's quarterly gross PPE stayed the same from Jul. 2023 ($0.00 Mil) to Oct. 2023 ($0.00 Mil) and stayed the same from Oct. 2023 ($0.00 Mil) to Jan. 2024 ($0.00 Mil).

Hartford Great Health's annual gross PPE stayed the same from Jul. 2021 ($4.86 Mil) to Jul. 2022 ($0.01 Mil) but then declined from Jul. 2022 ($0.01 Mil) to Jul. 2023 ($0.00 Mil).


Hartford Great Health Gross Property, Plant and Equipment Historical Data

The historical data trend for Hartford Great Health'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.

* Premium members only.

Hartford Great Health Gross Property, Plant and Equipment Chart

Hartford Great Health Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 5.29 4.86 0.01 -

Hartford Great Health Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross 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 0.01 0.01 - - -

Hartford Great Health 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.


Hartford Great Health  (OTCPK:HFUS) 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.


Hartford Great Health Gross Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Hartford Great Health's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Hartford Great Health (Hartford Great Health) Business Description

Traded in Other Exchanges
N/A
Address
8832 Glendon Way, Rosemead, CA, USA, 91770
Hartford Great Health Corp is engaged in the health and longevity industries, early childhood development & education centers, commercial office leasing, high-end clubhouse care centers, intelligent pension investment services, as well as cultural media and other investment projects in Shanghai and Hangzhou.
Executives
Hillel Of Colorado 10 percent owner 2390 S. RACE STEET, DENVER CO 80127
Gary A Agron 10 percent owner 5445 DTC PARKWAY, SUITE 520, ENGLEWOOD CO 80111
Underwood Family Partners, Ltd. 10 percent owner 5 EAGLE POINTE LANE, CASTLE ROCK CO 80108
Iliff Street Capital, Llc 10 percent owner 3535 E. WARREN AVE., DENVER CO 80210
Robert D. Heckes director, officer: CEO 2532 FOOTHILL ROAD, SANTA BARBARA CA 93105

Hartford Great Health (Hartford Great Health) Headlines