Primero Mining (PPP)
Add to Watchlists Create an AlertPrimero Mining Net PP&E:
496.13M for Dec. 31, 2012Primero Mining Historical Net PP&E Data
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| Data for this Date Range | |
|---|---|
| Dec. 31, 2012 | 496.13M |
| Sept. 30, 2012 | 488.44M |
| June 30, 2012 | 486.91M |
| March 31, 2012 | 486.61M |
| Dec. 31, 2011 | 486.42M |
| Sept. 30, 2011 | 485.61M |
| June 30, 2011 | 485.48M |
| March 31, 2011 | 482.75M |
| Dec. 31, 2010 | 484.36M |
| Sept. 30, 2010 | 475.74M |
| June 30, 2010 | 1.559M |
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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PPP Net PP&E Benchmarks
| Companies | |
|---|---|
| Anglogold Ashanti | 7.983B |
| Banro Corporation | 573.70M |
| Seabridge Gold | 209.21M |
PPP Net PP&E Rankings
| Overall |
83rd percentile 1349 of 8006 |
| Sector |
70th percentile 146 of 496 in Basic Materials |
| Industry |
75th percentile 20 of 83 in Gold |
PPP Net PP&E Range, Past 5 Years
| Minimum | 1.290M | Dec 2008 |
| Maximum | 496.13M | Dec 2012 |
| Average | 286.40M |