United Bancshares (UBOH)

9.19 +0.29  +3.26%  May 31, 8:00PM Go Pro
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United Bancshares Net PP&E

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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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UBOH News

$UBOH filed latest Quarterly Report http://stks.co/3bvo
about 31 days ago by MarketBrief
$UBOH filed latest Annual Report http://stks.co/37eK
about 65 days ago by MarketBrief
$UBOH filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/2yG9
about 73 days ago by MarketBrief
$UBOH filed latest Quarterly Report http://stks.co/ypw
about 210 days ago by MarketBrief
United Bancshares $UBOH Reports Q2 EPS of 9c, vs. the 38c reported in same qtr. last year; Took Qtr. Loan Loss Provision of $1.8M
about 680 days ago by Street_Insider
United Bancshares $UBOH trading halted with news pending
about 680 days ago by Street_Insider

Recent Quotes

Symbol Price Chg Chg % Market Cap
UBOH 9.19 +0.29 +3.26% 31.71M
UBFO 2.29 +0.18 +8.35% 31.30M
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