Unity Bancorp (UNTY)

6.09 -0.04  -0.65%  Jun 01, 8:00PM Go Pro
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Unity Bancorp 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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UNTY News

US Earnings Calendar for Wednesday http://stks.co/n7t $TQNT $TBI $TUP $TYL $UMBF $USLM $UNTY $UAM $UVSP $USMO $VCI $VSEA $VTRO $V $VIST
about 220 days ago by ACInvestorBlog
Unity Bancorp Reports First Quarter Results
Apr 28, 6:00AM PR Newswire
go long $unty
about 857 days ago by nystockguru
$UNTY is just getting close to break out, but volume is still lower than average
about 1321 days ago by BionicTrader
$UNTY is just getting close to break out, but volume is still lower than average
about 1324 days ago by BionicTrader
$UNTY has closed the day negative. trig price3.95
about 1326 days ago by BionicTrader
$UNTY might close the day on Red
about 1326 days ago by BionicTrader

Recent Quotes

Symbol Price Chg Chg % Market Cap
UNTY 6.09 -0.04 -0.65% 45.73M
UNTD 4.00 +0.05 +1.27% 356.13M
UNT 38.68 -1.11 -2.79% 1.935B
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UGP 20.17 -0.25 -1.22% 4.037B
UGL 82.62 +6.00 +7.83%
UGI 28.38 -0.30 -1.05% 3.216B
UGEM 16.10 -0.21 -1.32%
UGA 47.67 -1.15 -2.36%
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