Depreciation and amortization expense is calculated using the straight-line method over the shorter of the asset’s estimated useful life or the lease term, if applicable.
Category Estimated Useful Life (in Years)
Buildings25
Leasehold Improvements15
Furniture, fixtures and equipment
3 to 15
Technology development
3 to 5
Vehicles5
The following table summarizes property and equipment, net, as of December 31:
($ in millions)20252024
Land$11.5 $11.5 
Buildings and improvements39.9 39.9 
Leasehold improvements19.2 16.1 
Furniture, fixtures and equipment7.6 8.3 
Technology development9.0 9.7 
Vehicles11.5 12.6 
Total property and equipment98.7 98.1 
Less: accumulated depreciation and amortization38.2 34.6 
Total$60.5 $63.5 
Free Sentinel

Want the next RideNow Group, Inc. pp&e disclosure the moment it drops?

Set a Sentinel and we'll alert you the moment RideNow Group, Inc.'s next filing hits EDGAR. No credit card, your email never gets sold.

Track for free

Historical Timeline

Fiscal YearFiled
2025Mar 13, 2026Showing above
2024Mar 14, 2025
2023Mar 28, 2024
2022Mar 16, 2023
2021Apr 8, 2022
2020Mar 31, 2021
2019May 29, 2020
2018Apr 1, 2019
2017Feb 27, 2018

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.