Employers (EIG)
Employers Net PP&E: 12.00M
- Accounts Payable
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EIG Net PP&E Rankings
| Overall | 18th percentile | 2898 of 3566 |
| Sector | 19th percentile | 510 of 630 in Financial |
| Industry | 22nd percentile | 31 of 40 in Property & Casualty Insurance |
EIG Net PP&E Range, Past 5 Years
| Minimum | 11.09M | Mar 2011 |
| Maximum | 19.20M | Sep 2008 |
| Average | 13.38M |
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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Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| EIG | 17.31 | -0.09 | -0.52% | 564.31M |
| EIDO | 26.78 | -1.68 | -5.90% | |
| EIA | 12.99 | +0.14 | +1.09% | |
| EHTH | 16.57 | -0.17 | -1.02% | 322.78M |
| EHI | 12.95 | -0.01 | -0.08% | |
| EGY | 8.04 | -0.03 | -0.37% | 459.24M |
| EGT | 0.90 | +0.05 | +5.88% | 106.96M |
| EGRW | 47.51 | +0.00 | +0.00% | |
| EGP | 49.25 | -0.76 | -1.52% | 1.372B |
| EGOV | 10.99 | +0.05 | +0.46% | 717.65M |