First Acceptance Corporation (FAC)

1.43 +0.00  +0.00%  May 25, 11:00PM Go Pro
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First Acceptance Corporation Net PP&E: 4.916M

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FAC Net PP&E Rankings

Overall 11th percentile 3169 of 3567
Sector 7th percentile 580 of 630 in Financial
Industry 5th percentile 38 of 40 in Property & Casualty Insurance

FAC Net PP&E Range, Past 5 Years

Minimum 2.533M Jun 2011
Maximum 4.916M Mar 2012
Average 3.748M

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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FAC News

The CRB Breakout Was Merely Chapter One $DBC $RJI $DJP $FXA $FAC $FXE $FXY $UCI $GSG $GCC $TLT $IEF $TBT http://bit.ly/26DKeZ
about 953 days ago by daily_trading
@Nostreetrader thanks $FAC my screen's working now
about 1134 days ago by MoiliiliQuarry
in $FAC (watching $WFC)
about 1170 days ago by oddthink
$FAC has moved above its 100 hour moving average of 2.45.
about 1184 days ago by DeepMarket
@CarlHeppenstall scalping I'm doing well, swing trades not so well $BAC $FAC $FAZ
about 1196 days ago by bluewaterpro
$FAC buy 8.17
about 1201 days ago by bluewaterpro
First Acceptance 1Q EPS 4c &amp;gt; $FAC
about 1296 days ago by WeeklyTA

Recent Quotes

Symbol Price Chg Chg % Market Cap
FAC 1.43 +0.00 +0.00% 58.52M
ETRM 3.685 +0.03 +0.68% 134.54M
ETR 64.70 +0.19 +0.29% 11.44B
ETP 44.51 -0.20 -0.45% 10.12B
ETN 43.55 +0.25 +0.58% 14.54B
ETM 4.88 -0.07 -1.41% 189.49M
ETJ 10.12 +0.06 +0.60%
ETH 22.90 +0.27 +1.19% 652.88M
ETG 13.12 +0.15 +1.16%
ETFC 8.82 +0.14 +1.61% 2.480B
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