Citizens (CIZN)

18.91 -0.14  -0.73%  May 17, 8:00PM
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Citizens Net PP&E:

19.43M for Dec. 31, 2012
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Citizens Net PP&E Chart

    Citizens Historical Net PP&E Data

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    Data for this Date Range  
    Dec. 31, 2012 19.43M
    Sept. 30, 2012 19.49M
    June 30, 2012 19.74M
    March 31, 2012 20.00M
    Dec. 31, 2011 20.28M
    Sept. 30, 2011 20.83M
    June 30, 2011 21.19M
    March 31, 2011 21.19M
    Dec. 31, 2010 20.75M
    Sept. 30, 2010 19.53M
    June 30, 2010 18.70M
    March 31, 2010 17.96M
    Dec. 31, 2009 18.12M
    Sept. 30, 2009 18.57M
    June 30, 2009 18.25M
    March 31, 2009 18.16M
    Dec. 31, 2008 17.18M
    Sept. 30, 2008 16.70M
    June 30, 2008 14.78M
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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.
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    CIZN Net PP&E Benchmarks

    Companies
    Arrow Financial Corporation 29.36M
    Auburn National Bancorporation 10.86M
    Ameris Bancorp 72.34M

    CIZN Net PP&E Rankings

    Overall 57th percentile
    3247 of 7590
    Sector 56th percentile
    397 of 922 in Financial Services
    Industry 52nd percentile
    203 of 431 in Banks - Regional - US

    CIZN Net PP&E Range, Past 5 Years

    Minimum 14.78M Jun 2008
    Maximum 21.19M Mar 2011
    Average 18.99M