Equus Total Return (EQS)

2.05 +0.00  +0.00%  May 29, 2:01PM Go Pro
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Equus Total Return Net PP&E

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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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EQS News

$EQS filed latest Quarterly Report http://stks.co/3q3S
about 14 days ago by MarketBrief
$EQS filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3aNN
about 29 days ago by MarketBrief
$EQS filed latest Annual Report http://stks.co/2ubg
about 74 days ago by MarketBrief
3 Ways To Grab Closed-End Funds At A Discount
Dec 21, 5:16AM Seeking Alpha
$EQS filed latest Quarterly Report http://stks.co/17Xe
about 197 days ago by MarketBrief
Equus II Inc falls 7.4%
Oct 12, 12:00PM FlyOnTheWall
Equus II Inc rises 11%
Oct 11, 12:00PM FlyOnTheWall
long $EQS. huge discount from NAV
about 866 days ago by LitheLyricist
CEF review: $EQS looks very cheap at 60% discount but avoid it. Inappropriate valuations, insider selling, &amp; negative NII. BDCs are better.
about 951 days ago by derekbobbe
Read $EQS annual report last night, discounted close end fund. Mostly private deals so NAV is based on management valuations. pass.
about 1028 days ago by compoundinglife

Recent Quotes

Symbol Price Chg Chg % Market Cap
EQS 2.05 +0.00 +0.00%
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