Teekay Tankers (TNK)
Add to Watchlists Create an AlertTeekay Tankers Net PP&E:
885.99M for Dec. 31, 2012Teekay Tankers Historical Net PP&E Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| Dec. 31, 2012 | 885.99M |
| Sept. 30, 2012 | 1.267B |
| June 30, 2012 | 1.276B |
| March 31, 2012 | 706.33M |
| Dec. 31, 2011 | 1.310B |
| Sept. 30, 2011 | 726.77M |
| June 30, 2011 | 737.10M |
| March 31, 2011 | 746.98M |
| Dec. 31, 2010 | 757.44M |
| Sept. 30, 2010 | 654.85M |
| June 30, 2010 | 679.80M |
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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TNK Net PP&E Benchmarks
| Companies | |
|---|---|
| Teekay Corporation | 6.573B |
| Teekay LNG Partners | 1.940B |
| Teekay Offshore Partners | 2.470B |
TNK Net PP&E Rankings
| Overall |
86th percentile 1051 of 8006 |
| Sector |
85th percentile 129 of 895 in Industrials |
| Industry |
53rd percentile 22 of 47 in Shipping & Ports |
TNK Net PP&E Range, Past 5 Years
| Minimum | 428.72M | Mar 2009 |
| Maximum | 1.310B | Dec 2011 |
| Average | 715.25M |