Kentucky First Federal Bancorp (KFFB)

8.40 -0.22  -2.55%  May 29, 8:00PM Go Pro
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Kentucky First Federal Bancorp Net PP&E

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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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KFFB News

$KFFB filed latest Quarterly Report http://stks.co/3pxR
about 15 days ago by MarketBrief
$KFFB filed latest Quarterly Report http://stks.co/2Oce
about 106 days ago by MarketBrief
$KFFB filed latest Quarterly Report http://stks.co/175t
about 198 days ago by MarketBrief
$KFFB filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/ZHZ
about 232 days ago by MarketBrief
Ky. First Fedl 1Q EPS 4c $KFFB
about 1317 days ago by WeeklyTA

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