Quest Rare Minerals Net PP&E (Quarterly):42.24M for July 31, 2013
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Quest Rare Minerals Net PP&E (Quarterly) Chart
Quest Rare Minerals Historical Net PP&E (Quarterly) DataPro Export Data Date Range:
|Data for this Date Range|
|July 31, 2013||51.48M|
|April 30, 2013||49.30M|
|Jan. 31, 2013||47.52M|
|Oct. 31, 2012||42.24M|
|July 31, 2012||34.41M|
|April 30, 2012||31.42M|
|Jan. 31, 2012||28.04M|
|Oct. 31, 2011||25.64M|
|July 31, 2011||20.36M|
|April 30, 2011||15.23M|
|Jan. 31, 2011||11.54M|
|Oct. 31, 2010||9.708M|
There is no data for the selected date range.
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.
QRM Net PP&E (Quarterly) Benchmarks
|Avalon Rare Metals||95.09M|
QRM Net PP&E (Quarterly) Range, Past 5 Years
Street Insider Oct 24