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Velan (FRA:946) Buildings And Improvements : €50.3 Mil (As of Feb. 2024)


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What is Velan Buildings And Improvements?

Velan's quarterly buildings and improvements stayed the same from Aug. 2023 (€0.0 Mil) to Nov. 2023 (€0.0 Mil) but then increased from Nov. 2023 (€0.0 Mil) to Feb. 2024 (€50.3 Mil).

Velan's annual buildings and improvements increased from Feb. 2022 (€47.9 Mil) to Feb. 2023 (€49.7 Mil) and increased from Feb. 2023 (€49.7 Mil) to Feb. 2024 (€50.3 Mil).


Velan Buildings And Improvements Historical Data

The historical data trend for Velan'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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Velan Buildings And Improvements Chart

Velan Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.57 46.46 47.87 49.74 50.33

Velan Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 49.74 - - - 50.33

Velan 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.


Velan (FRA:946) Business Description

Traded in Other Exchanges
Address
7007 Cote de Liesse, Montreal, QC, CAN, H4T 1G2
Velan Inc is an international manufacturer of industrial valves. It offers products such as Gate valves, check valves, cryogenic, steam traps, and others, which are used in various industries including power generation, oil, and gas, refining and petrochemicals, chemical, liquid natural gas (LNG) and cryogenics, pulp and paper, geothermal processes and shipbuilding. The company operates in various geographical regions: Canada, the United States, France, Italy, and Other countries.

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