Anworth Mortgage Asset Net PP&E (Quarterly)
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Anworth Mortgage Asset Net PP&E (Quarterly) Chart
Anworth Mortgage Asset Historical Net PP&E (Quarterly) Data
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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.
ANH Net PP&E (Quarterly) Benchmarks
|BRT Realty Trust||623.88M|
|American Housing Income|
ANH Net PP&E (Quarterly) Excel Add-In Codes
- Metric Code: net_ppe
- Latest data point: =YCP("ANH", "net_ppe")
- Last 5 data points: =YCS("ANH", "net_ppe", -4)
To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.
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