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Garmin (GRMN)

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56.10 -0.11  -0.20% NASDAQ Apr 23, 10:43AM BATS Real time Currency in USD

Garmin Net PP&E (Quarterly):

414.85M for Dec. 31, 2013

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Garmin Net PP&E (Quarterly) Chart

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Garmin Historical Net PP&E (Quarterly) Data

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Data for this Date Range  
Dec. 31, 2013 414.85M
Sept. 30, 2013 413.68M
June 30, 2013 410.53M
March 31, 2013 407.59M
Dec. 31, 2012 409.75M
Sept. 30, 2012 407.85M
June 30, 2012 407.85M
March 31, 2012 412.59M
Dec. 31, 2011 417.10M
Sept. 30, 2011 423.04M
June 30, 2011 423.70M
March 31, 2011 427.11M
Dec. 31, 2010 427.80M
Sept. 30, 2010 427.86M
June 30, 2010 426.80M
March 31, 2010 432.61M
Dec. 31, 2009 441.34M
Sept. 30, 2009 444.17M
June 30, 2009 443.03M
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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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GRMN Net PP&E (Quarterly) Benchmarks

Companies
Control4 3.943M
Trimble Navigation 142.98M
Daktronics 62.68M

GRMN Net PP&E (Quarterly) Range, Past 5 Years

Minimum 407.59M Mar 2013
Maximum 444.17M Sep 2009
Average 422.07M
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