Affirmative Insurance (AFFM)
Create an AlertAffirmative Insurance Net PP&E:
20.81M for March 31, 2013Affirmative Insurance Historical Net PP&E Data
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| Data for this Date Range | |
|---|---|
| March 31, 2013 | 20.81M |
| Dec. 31, 2012 | 22.57M |
| Sept. 30, 2012 | 26.22M |
| June 30, 2012 | 28.42M |
| March 31, 2012 | 30.59M |
| Dec. 31, 2011 | 32.13M |
| Sept. 30, 2011 | 34.10M |
| June 30, 2011 | 35.74M |
| March 31, 2011 | 37.72M |
| Dec. 31, 2010 | 39.20M |
| Sept. 30, 2010 | 39.92M |
| June 30, 2010 | 40.31M |
| March 31, 2010 | 40.90M |
| Dec. 31, 2009 | 41.98M |
| Sept. 30, 2009 | 41.19M |
| June 30, 2009 | 41.49M |
| March 31, 2009 | 42.64M |
| Dec. 31, 2008 | 42.14M |
| Sept. 30, 2008 | 40.65M |
| June 30, 2008 | 38.08M |
| March 31, 2008 | Go Pro |
| Dec. 31, 2007 | Go Pro |
| Sept. 30, 2007 | Go Pro |
| June 30, 2007 | Go Pro |
| March 31, 2007 | Go Pro |
| Dec. 31, 2006 | Go Pro |
| Sept. 30, 2006 | Go Pro |
| June 30, 2006 | Go Pro |
| March 31, 2006 | Go Pro |
| Dec. 31, 2005 | Go Pro |
| Sept. 30, 2005 | Go Pro |
| June 30, 2005 | Go Pro |
| March 31, 2005 | Go Pro |
| Dec. 31, 2004 | Go Pro |
| Sept. 30, 2004 | Go Pro |
| June 30, 2004 | Go Pro |
| Dec. 31, 2003 | Go Pro |
About Net PP&E
Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.
For example, assume that a company buys a building worth $1,000,000, along with $50,000 of furniture. Their Net PP&E at the moment of purchase is $1,050,000.
Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by $105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:
$1,050,000 - $105,000 = $945,000
As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.
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AFFM Net PP&E Benchmarks
| Companies | |
|---|---|
| State Auto Financial Corporation | 8.50M |
| Progressive Corporation | 935.90M |
| Infinity Property and Casualty Corporation | 39.05M |
AFFM Net PP&E Rankings
| Overall |
67th percentile 5425 of 16782 |
| Sector |
69th percentile 620 of 2012 in Financial Services |
| Industry |
67th percentile 29 of 88 in Insurance - Property & Casualty |
AFFM Net PP&E Range, Past 5 Years
| Minimum | 20.81M | Mar 2013 |
| Maximum | 42.64M | Mar 2009 |
| Average | 35.84M |
