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Siem Industries (Siem Industries) Buildings And Improvements : $0.0 Mil (As of Jun. 2019)


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What is Siem Industries Buildings And Improvements?


Siem Industries Buildings And Improvements Historical Data

The historical data trend for Siem Industries'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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Siem Industries Buildings And Improvements Chart

Siem Industries Annual Data
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Siem Industries Semi-Annual Data
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Siem Industries 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.


Siem Industries (Siem Industries) Business Description

Traded in Other Exchanges
N/A
Address
Ugland House, South Church Street, P.O. Box 309, George Town, Grand Cayman, CYM, KY1-1104
Siem Industries Inc is a diversified industrial holding company that operates through autonomous affiliates. The company has segregated its operations into Offshore Support Vessels, Reefer Vessels and Car Carriers, Cable-lay for Offshore Wind Farms (OWF), Scientific Core-Drilling, Shipbuilding, Potash-Mining and Corporate and Other. The company hold interests in several industrial areas including the oil and gas services industry and renewable energy sector, ocean transportation of refrigerated cargoes and automobiles, potash mining and finance. It generates maximum revenue from the Offshore Support Vessels segment.

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