ReneSola (SOL)
Add to Watchlists Create an AlertReneSola Net PP&E:
1.103B for Dec. 31, 2012ReneSola Historical Net PP&E Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| Dec. 31, 2012 | 1.103B |
| Sept. 30, 2012 | 1.021B |
| June 30, 2012 | 1.003B |
| March 31, 2012 | 985.98M |
| Dec. 31, 2011 | 980.16M |
| Sept. 30, 2011 | 911.19M |
| June 30, 2011 | 879.94M |
| March 31, 2011 | 842.62M |
| Dec. 31, 2010 | 801.47M |
| Sept. 30, 2010 | 786.02M |
| June 30, 2010 | 743.08M |
| March 31, 2010 | 721.16M |
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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SOL Net PP&E Benchmarks
| Companies | |
|---|---|
| Canadian Solar | 469.64M |
| JA Solar Holdings Co., ADR | 712.76M |
| LDK Solar Company | 3.333B |
SOL Net PP&E Rankings
| Overall |
88th percentile 954 of 8006 |
| Sector |
93rd percentile 61 of 952 in Technology |
| Industry |
83rd percentile 4 of 24 in Solar |
SOL Net PP&E Range, Past 5 Years
| Minimum | 183.99M | Jun 2008 |
| Maximum | 1.103B | Dec 2012 |
| Average | 737.12M |
