Ingles Markets (IMKTA)

15.27 -0.35  -2.24%  May 30, 11:13AM Go Pro
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Ingles Markets Net PP&E: 1.175B

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IMKTA Net PP&E Rankings

Overall 80th percentile 694 of 3575
Sector 80th percentile 143 of 728 in Services
Industry 57th percentile 6 of 14 in Grocery Stores

IMKTA Net PP&E Range, Past 5 Years

Minimum 820.22M Jun 2007
Maximum 1.175B Mar 2012
Average 1.041B

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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IMKTA News

3 Stocks Set to Soar
May 08, 2:20PM
Listen to $IMKTA Q2 2012 earnings call - live at 09:00 AM, ondemand after - http://stks.co/3Zsc
about 30 days ago by earningscast
$IMKTA forms bullish &quot;Symmetrical Continuation Triangle&quot; chart pattern. http://stks.co/3OAt
about 43 days ago by RecogniaEvents
Listen to $IMKTA Q1 2012 earnings call (EPS 0.43 vs est 0.44) - live at 09:00 AM, ondemand after - http://stks.co/29Ck
about 121 days ago by earningscast

Recent Quotes

Symbol Price Chg Chg % Market Cap
IMKTA 15.27 -0.35 -2.24% 379.10M
IMI 6.73 +0.00 +0.00%
IMH 2.02 -0.01 -0.49% 15.80M
IMGN 14.32 -0.14 -1.00% 1.111B
IMC 15.21 -0.07 -0.47%
IMAX 21.44 -0.53 -2.41% 1.435B
IM 18.03 -0.06 -0.33% 2.715B
ILMN 44.20 +0.00 +0.00% 5.448B
ILF 40.17 -0.62 -1.52%
IL 4.09 -0.12 -2.85% 230.50M
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