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Aiadvertising (Aiadvertising) Property, Plant and Equipment : $0.23 Mil (As of Sep. 2023)


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What is Aiadvertising Property, Plant and Equipment?

Aiadvertising's quarterly net PPE declined from Mar. 2023 ($0.26 Mil) to Jun. 2023 ($0.26 Mil) and declined from Jun. 2023 ($0.26 Mil) to Sep. 2023 ($0.23 Mil).

Aiadvertising's annual net PPE declined from Dec. 2020 ($0.23 Mil) to Dec. 2021 ($0.18 Mil) but then increased from Dec. 2021 ($0.18 Mil) to Dec. 2022 ($0.28 Mil).


Aiadvertising Property, Plant and Equipment Historical Data

The historical data trend for Aiadvertising'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.

Aiadvertising Property, Plant and Equipment Chart

Aiadvertising Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.36 0.23 0.18 0.28

Aiadvertising Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.29 0.28 0.26 0.26 0.23

Aiadvertising 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.


Aiadvertising  (OTCPK:AIAD) 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.


Aiadvertising Property, Plant and Equipment Related Terms

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Aiadvertising (Aiadvertising) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1114 South Saint Mary’s, Suite 120, San Antonio, TX, USA, 78210
Aiadvertising Inc is a technology-driven provider of digital advertising solutions. The company's proprietary software empowers marketers by intelligently automating data-driven, repetitive tasks, and improving their ability to make predictions at scale. Its software platform harnesses the power of machine learning and artificial intelligence to eliminate guesswork, predict what works, and prove advertising's impact on financial results.
Executives
Hicks Thomas O Jr director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
James B. Renacci director C/O HILL INTERNATIONAL, INC., 2005 MARKET ST, 17TH FLOOR, PHILADELPHIA PA 19103
Texas Star Management Company, Llc director, 10 percent owner 18 DESTA DR., MIDLAND TX 79705
Hexagon Partners, Ltd. director, 10 percent owner 18 DESTA DR., MIDLAND TX 79705
Timothy M. Dunn director, 10 percent owner 18 DESTA DR., C/O TEXAS STAR MANAGEMENT COMPANY, LLC, MIDLAND TX 79705
John C Small officer: Chief Financial Officer 25 ROCK SHELTER ROAD, NEW YORK NY 10597
Mark D Fruehan director C/O AXESSTEL, INC., 6815 FLANDERS DR. #210, SAN DIEGO CA 92121
Virginia Rose O'meara director 809 CEDAR RD., SOUTHPORT CT 06890
Gerard Francis Hug, 10 percent owner 19 GUNTHERS VIEW, TOWACO NJ 07082
Maria Isabel Gongora officer: Chief Financial Officer 3790 BRAHMAN RD., BULVERDE TX 78163
Richard Berliner director C/O DIGITAL LOCATIONS, INC., 3700 STATE STREET, SUITE 350, SANTA BARBARA CA 93105
Kevin Michael Myers director 321 SIXTH STREET, SAN ANTONIO TX 78215
Bradley James Parscale director 618 CONTADORA, SAN ANTONIO TX 78258
Jonathan L Lei director, 10 percent owner, officer: CEO, President, CFO, Secretary 6144 CALLE REAL, SUITE 200, SANTA BARBARA CA 93117
Thunder Innovations Llc 10 percent owner 297 KINGSBURY GRADE, #100, PO BOX 4470, STATELINE NV 89449

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