Heelys (HLYS)
Heelys Net PP&E: 0.476M
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HLYS Net PP&E Rankings
| Overall | 2nd percentile | 3493 of 3567 |
| Sector | 0th percentile | 323 of 324 in Consumer Goods |
| Industry | 5th percentile | 18 of 19 in Textile - Apparel Footwear & Accessories |
HLYS Net PP&E Range, Past 5 Years
| Minimum | 0.476M | Mar 2012 |
| Maximum | 1.181M | Jun 2009 |
| Average | 0.868M |
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.
Learn More
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HLYS News
May 02, 1:43PM GlobeNewswire
Apr 04, 1:14PM Business Wire
Mar 20, 4:10PM GlobeNewswire
Mar 13, 2:12PM GlobeNewswire
Dec 14, 9:00AM Business Wire
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Nov 18, 10:47AM Business Wire
Nov 02, 4:10PM GlobeNewswire
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about 555 days ago by danshep55
about 558 days ago by danshep55
Recent Quotes
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|---|---|---|---|---|
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