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Bel Fuse (Bel Fuse) Buildings And Improvements : $15.3 Mil (As of Dec. 2023)


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What is Bel Fuse Buildings And Improvements?

Bel Fuse's quarterly buildings and improvements increased from Jun. 2023 ($21.6 Mil) to Sep. 2023 ($22.2 Mil) but then declined from Sep. 2023 ($22.2 Mil) to Dec. 2023 ($15.3 Mil).

Bel Fuse's annual buildings and improvements increased from Dec. 2021 ($20.9 Mil) to Dec. 2022 ($21.5 Mil) but then declined from Dec. 2022 ($21.5 Mil) to Dec. 2023 ($15.3 Mil).


Bel Fuse Buildings And Improvements Historical Data

The historical data trend for Bel Fuse's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bel Fuse Buildings And Improvements Chart

Bel Fuse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.72 19.92 20.92 21.53 15.29

Bel Fuse Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.53 21.52 21.62 22.16 15.29

Bel Fuse Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Bel Fuse (Bel Fuse) Business Description

Industry
Address
206 Van Vorst Street, Jersey City, NJ, USA, 07302
Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.
Executives
Tuweiq Farouq Salem Ali officer: Chief Financial Officer C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Lai Kenneth Koon Keung officer: VP of Asia Operations C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Joseph Francis Berry officer: VP of Magnetic Solutions C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Dennis Ackerman officer: Vice President of Operations C/O BEL FUSE INC, 206 VAN VORST STREET, JERSEY NJ 07302
Daniel Bernstein director, 10 percent owner, officer: President and CEO
Vincent Vellucci director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Suzanne Kozlovsky officer: Global Head of People C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Peter E Gilbert director
Raymond Cheung officer: Vice President-Asia Operations C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Sherry L. Urban officer: VP of Human Resources C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Jacqueline T. Brito director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Lynn Katherine Hutkin officer: Director Financial Reporting C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Craig Brosious officer: Vice President of Finance C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Avi D Eden director
Rita V Smith director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302