Discover Financial Services Net PP&E:572.00M for March 31, 2013
Discover Financial Services Net PP&E Chart
Discover Financial Services Historical Net PP&E DataPro Data Export
There is no data for the selected date range.
|Data for this Date Range|
|March 31, 2013||572.00M|
|Nov. 30, 2012||534.00M|
|Aug. 31, 2012||519.62M|
|May 31, 2012||492.44M|
|Feb. 29, 2012||486.52M|
|Nov. 30, 2011||483.00M|
|Aug. 31, 2011||465.87M|
|May 31, 2011||471.11M|
|Feb. 28, 2011||458.95M|
|Nov. 30, 2010||460.73M|
|Aug. 31, 2010||456.94M|
|May 31, 2010||469.00M|
|Feb. 28, 2010||482.83M|
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.
DFS Net PP&E Rankings
1270 of 8006
77 of 956 in Financial Services
5 of 43 in Credit Services
DFS Net PP&E Range, Past 5 Years
Fool May 23
Fool May 23
Fool May 22
Business Wire May 22