LaPorte Bancorp (LPSB)

9.26 +0.00  +0.00%  May 29, 8:00PM Go Pro
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LaPorte 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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LPSB News

Financial Sector Wrap
May 24, 5:47PM
$LPSB filed latest Quarterly Report http://stks.co/3oTR
about 16 days ago by MarketBrief
$LPSB filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3IVz
about 49 days ago by MarketBrief
$LPSB filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3HGz
about 50 days ago by MarketBrief
$LPSB filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3GK1
about 51 days ago by MarketBrief
$LPSB filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3FfV
about 54 days ago by MarketBrief
$LPSB filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3F92
about 55 days ago by MarketBrief
$LPSB filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3DzG
about 56 days ago by MarketBrief
$LPSB filed latest Annual Report http://stks.co/36Xv
about 64 days ago by MarketBrief
$LPSB filed latest Quarterly Report http://stks.co/14fA
about 202 days ago by MarketBrief

Recent Quotes

Symbol Price Chg Chg % Market Cap
LPSB 9.26 +0.00 +0.00%
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KOOL 0.81 +0.00 +0.00% 13.29M
KONA 7.85 -0.04 -0.51% 69.43M
KOL 25.44 -0.73 -2.79%
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