Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Buildings And Improvements : KWD0.0 Mil (As of Mar. 2024)

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What is Ali Alghanim Sons Automotive Co KSC Buildings And Improvements?

Ali Alghanim Sons Automotive Co KSC's quarterly buildings and improvements increased from Sep. 2023 (KWD0.0 Mil) to Dec. 2023 (KWD27.1 Mil) but then declined from Dec. 2023 (KWD27.1 Mil) to Mar. 2024 (KWD0.0 Mil).

Ali Alghanim Sons Automotive Co KSC's annual buildings and improvements increased from Dec. 2021 (KWD27.1 Mil) to Dec. 2022 (KWD27.1 Mil) and increased from Dec. 2022 (KWD27.1 Mil) to Dec. 2023 (KWD27.1 Mil).

Ali Alghanim Sons Automotive Co KSC Buildings And Improvements Historical Data

The historical data trend for Ali Alghanim Sons Automotive Co KSC'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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Ali Alghanim Sons Automotive Co KSC Buildings And Improvements Chart

Ali Alghanim Sons Automotive Co KSC Annual Data

Trend

Dec21

Dec22

Dec23

Buildings And Improvements

27.06

27.07

Ali Alghanim Sons Automotive Co KSC Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial							-	-	-	27.07	-

Ali Alghanim Sons Automotive Co KSC 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.

Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ali Alghanim Sons Automotive Co KSC (KUW:ALG) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road 55, P.O. Box 21540, Safat, Opposite Kaifan Telecommunication, Shuwaikh, KWT, 13076

Website

https://alg.com.kw

Ali Alghanim Sons Automotive Co KSC is engaged in the automotive business. The Primary Activities of the Company are selling and purchasing cars and spare parts, importing and exporting light and heavy vehicles and cars, renting cars, maintaining light & heavy vehicles and cars, trading auto spare parts, and renting equipment and their maintenance. The Group is divided into four main geographical segments which are the State of Kuwait, Iraq, Egypt and the United Arab Emirates. The majority is derived from Kuwait.