Severn Bancorp (SVBI)

4.60 +0.08  +1.77%  May 17, 8:00PM
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Severn Bancorp Net PP&E:

26.45M for Dec. 31, 2012
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Severn Bancorp Net PP&E Chart

    Severn Bancorp Historical Net PP&E Data

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    Data for this Date Range  
    Dec. 31, 2012 26.45M
    Sept. 30, 2012 26.59M
    June 30, 2012 26.83M
    March 31, 2012 26.95M
    Dec. 31, 2011 27.22M
    Sept. 30, 2011 27.49M
    June 30, 2011 27.75M
    March 31, 2011 28.04M
    Dec. 31, 2010 28.33M
    Sept. 30, 2010 28.53M
    June 30, 2010 28.81M
    March 31, 2010 28.80M
    Dec. 31, 2009 29.10M
    Sept. 30, 2009 29.41M
    June 30, 2009 29.68M
    March 31, 2009 29.95M
    Dec. 31, 2008 30.27M
    Sept. 30, 2008 30.56M
    June 30, 2008 30.80M
    March 31, 2008 Go Pro
    Dec. 31, 2007 Go Pro
    Sept. 30, 2007 Go Pro
       
    June 30, 2007 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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