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7GC Holdings (7GC Holdings) Gross Property, Plant and Equipment : $0.00 Mil (As of Sep. 2023)


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What is 7GC Holdings Gross Property, Plant and Equipment?


7GC Holdings Gross Property, Plant and Equipment Historical Data

The historical data trend for 7GC Holdings'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.

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7GC Holdings Gross Property, Plant and Equipment Chart

7GC Holdings Annual Data
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Gross Property, Plant and Equipment
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7GC Holdings Quarterly Data
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7GC Holdings 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.


7GC Holdings  (NAS:VII) 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.


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7GC Holdings (7GC Holdings) Business Description

Traded in Other Exchanges
N/A
Address
388 Market Street, Suite 1300, San Francisco, CA, USA, 94111
7GC & Co Holdings Inc is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Milton Joseph Beck director, 10 percent owner 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Jack Leeney director, 10 percent owner, officer: COB, CEO and President 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Thomas D Hennessy director, 10 percent owner 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Robinson Courtney A director 3485 N. PINES WAY SUITE 110, WILSON WY 83014
7gc & Co. Holdings Llc 10 percent owner 188 KING STREET, SUITE 308, SAN FRANCISCO CA 94107
Christopher Dillon Walsh officer: CFO, COO and Secretary 388 MARKET STREET, SUITE 1300, SAN FRANCISCO CA 94111
Patrick Eggen director 388 MARKET STREET, SUITE 1300, SAN FRANCISCO CA 94111
Kent Schofield director 388 MARKET STREET, SUITE 1300, SAN FRANCISCO CA 94111
Tripp Jones director 388 MARKET STREET, SUITE 1300, SAN FRANCISCO CA 94111

7GC Holdings (7GC Holdings) Headlines

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