ESSA Bancorp (ESSA)

10.80 -0.08  -0.74%  May 21, 5:01PM
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ESSA Bancorp Net PP&E:

16.02M for Dec. 31, 2012
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ESSA Bancorp Net PP&E Chart

    ESSA Bancorp Historical Net PP&E Data

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    Data for this Date Range  
    March 31, 2013 16.02M
    Dec. 31, 2012 16.10M
    Sept. 30, 2012 16.17M
    June 30, 2012 11.45M
    March 31, 2012 11.38M
    Dec. 31, 2011 11.47M
    Sept. 30, 2011 11.49M
    June 30, 2011 11.68M
    March 31, 2011 11.86M
    Dec. 31, 2010 12.06M
    Sept. 30, 2010 12.19M
    June 30, 2010 12.57M
    March 31, 2010 12.23M
    Dec. 31, 2009 11.25M
       
    Sept. 30, 2009 10.62M
    June 30, 2009 10.76M
    March 31, 2009 10.45M
    Dec. 31, 2008 10.60M
    Sept. 30, 2008 10.66M
    June 30, 2008 10.88M
    March 31, 2008 Go Pro
    Dec. 31, 2007 Go Pro
    Sept. 30, 2007 Go Pro
    June 30, 2007 Go Pro
    March 31, 2007 Go Pro
    Dec. 31, 2006 Go Pro
    Sept. 30, 2006 Go Pro

    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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