Premises and Equipment, Net
Premises and Equipment, Net is a financial metric that represents the total value of a company's property, plant, and equipment (PP&E) less any accumulated depreciation as recorded on the company's balance sheet. It includes both tangible assets, such as buildings, land, machinery, and equipment, and intangible assets such as patents and copyrights related to these assets. This metric is used to evaluate a company's investment in fixed assets and to determine its asset utilization efficiency. A higher value of Premises and Equipment, Net may indicate that the company has made significant investments in its operations, but it also suggests higher costs associated with maintaining and depreciating these assets over time.
Additional Details
| Metric Name |
Type |
Default Period Type |
| net_premises_and_equipment |
fin_statement |
FY |
| Data Format |
Display Format |
Unit |
| float |
financial |
usd |