Hammond Power Solutions (Hammond Power Solutions) Buildings And Improvements : $27.2 Mil (As of Dec. 2023)

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What is Hammond Power Solutions Buildings And Improvements?

Hammond Power Solutions's quarterly buildings and improvements declined from Jun. 2023 ($5.3 Mil) to Sep. 2023 ($4.6 Mil) but then increased from Sep. 2023 ($4.6 Mil) to Dec. 2023 ($27.2 Mil).

Hammond Power Solutions's annual buildings and improvements increased from Dec. 2021 ($18.6 Mil) to Dec. 2022 ($19.3 Mil) and increased from Dec. 2022 ($19.3 Mil) to Dec. 2023 ($27.2 Mil).

Hammond Power Solutions Buildings And Improvements Historical Data

The historical data trend for Hammond Power Solutions'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.

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Hammond Power Solutions Buildings And Improvements Chart

Hammond Power Solutions Annual Data

Trend

Dec14

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Dec19

Dec20

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Dec22

Dec23

Buildings And Improvements

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13.46

18.87

18.56

19.27

27.20

Hammond Power Solutions 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															19.27	5.89	5.28	4.56	27.20

Hammond Power Solutions 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.

Hammond Power Solutions (Hammond Power Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hammond Power Solutions Inc (OTCPK:HMDPF) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

T11:Germany HPS.A:Canada

Address

595 Southgate Drive, Guelph, ON, CAN, N1G 3W6

Website

https://www.hammondpowersolutions.com

Hammond Power Solutions Inc is engaged in designing and manufacturing of custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India. The company operates in various geographical markets including Canada, the United States, Mexico, and India in which it derives majority revenue in the United States and Mexico.

Hammond Power Solutions (Hammond Power Solutions) Headlines

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