Innsuites Hospitality Trust (IHT)

2.03 +0.00  +0.00%  May 25, 8:00PM Go Pro
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Innsuites Hospitality Trust Net PP&E

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IHT Net PP&E Range, Past 5 Years

Minimum 27.11M Jul 2011
Maximum 27.11M Jul 2011
Average 27.11M

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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IHT News

$IHT filed latest Annual Report http://stks.co/3aXU
about 29 days ago by MarketBrief
$IHT filed latest Quarterly Report http://stks.co/1ZDt
about 166 days ago by MarketBrief
$IHT amended latest Quarterly Report http://stks.co/U9u
about 238 days ago by MarketBrief
$IHT 52 week highs
about 405 days ago by DevildogOORAH
$IHT hod pop
about 405 days ago by DevildogOORAH
$IHT low volume push
about 405 days ago by DevildogOORAH

Recent Quotes

Symbol Price Chg Chg % Market Cap
IHT 2.03 +0.00 +0.00% 17.19M
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HUSA 1.68 +0.04 +2.44% 51.12M
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