RIT Technologies (RITT)

4.31 +0.20  +4.87%  May 17, 8:00PM
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RIT Technologies Net PP&E:

0.545M for None
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RIT Technologies Net PP&E Chart

    RIT Technologies Historical Net PP&E Data

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    Data for this Date Range  
    Dec. 31, 2012 0.545M
    June 30, 2012 0.35M
    March 31, 2012 0.313M
    Dec. 31, 2011 0.239M
    Sept. 30, 2011 0.255M
    June 30, 2011 0.252M
    March 31, 2011 0.27M
    Dec. 31, 2010 0.26M
    Sept. 30, 2010 0.291M
    June 30, 2010 0.314M
    March 31, 2010 0.333M
    Dec. 31, 2009 0.382M
    Sept. 30, 2009 0.419M
    June 30, 2009 0.463M
    March 31, 2009 0.516M
    Dec. 31, 2008 0.544M
    Sept. 30, 2008 0.537M
    June 30, 2008 0.567M
    March 31, 2008 Go Pro
    Dec. 31, 2007 Go Pro
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    Dec. 31, 2006 Go Pro
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    June 30, 2006 Go Pro
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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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    RITT Net PP&E Benchmarks

    Companies
    Adtran 77.78M
    Symmetricom 23.15M
    Super Micro Computer 95.44M

    RITT Net PP&E Rankings

    Overall 40th percentile
    4516 of 7590
    Sector 16th percentile
    756 of 905 in Technology
    Industry 10th percentile
    89 of 100 in Communication Equipment

    RITT Net PP&E Range, Past 5 Years

    Minimum 0.2390M Dec 2011
    Maximum 0.5670M Jun 2008
    Average 0.3806M