eFuture Information Technology (EFUT)
eFuture Information Technology Net PP&E: 0.62M
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EFUT Net PP&E Rankings
| Overall | 2nd percentile | 3475 of 3566 |
| Sector | 3rd percentile | 637 of 659 in Technology |
| Industry | 2nd percentile | 70 of 72 in Application Software |
EFUT Net PP&E Range, Past 5 Years
| Minimum | 0.59M | Jun 2011 |
| Maximum | 1.46M | Jun 2010 |
| Average | 1.03M |
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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EFUT News
May 25, 3:42PM Street Insider
about 8 days ago by super_trades
about 19 days ago by RecogniaEvents
Mar 12, 4:50PM Street Insider
Mar 12, 4:30PM GlobeNewswire
Mar 01, 8:00AM GlobeNewswire
Dec 22, 8:07AM Street Insider
Dec 22, 8:00AM GlobeNewswire
Nov 14, 4:33PM Street Insider
Oct 31, 8:30AM GlobeNewswire
Oct 19, 8:00AM GlobeNewswire
Oct 14, 8:04AM FlyOnTheWall
Oct 14, 8:00AM GlobeNewswire
Aug 22, 5:05PM Street Insider
Aug 11, 6:00AM GlobeNewswire
Jul 08, 10:22AM FlyOnTheWall
Jul 08, 9:20AM GlobeNewswire
Jul 08, 8:35AM GlobeNewswire
about 543 days ago by RasputinsLiver
about 545 days ago by RasputinsLiver
about 792 days ago by finkfinance
about 983 days ago by tradesleuth
about 984 days ago by TradeHawk
Recent Quotes
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