GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Versarien PLC (LSE:VRS) » Definitions » Buildings And Improvements

Versarien (LSE:VRS) Buildings And Improvements : £0.54 Mil (As of Sep. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Versarien Buildings And Improvements?

Versarien's quarterly buildings and improvements stayed the same from Mar. 2022 (£0.00 Mil) to Mar. 2023 (£0.00 Mil) but then increased from Mar. 2023 (£0.00 Mil) to Sep. 2023 (£0.54 Mil).

Versarien's annual buildings and improvements declined from Mar. 2021 (£0.52 Mil) to Mar. 2022 (£0.00 Mil) but then increased from Mar. 2022 (£0.00 Mil) to Sep. 2023 (£0.54 Mil).


Versarien Buildings And Improvements Historical Data

The historical data trend for Versarien'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.

Versarien Buildings And Improvements Chart

Versarien Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Sep23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 2.44 0.52 - 0.54

Versarien Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23 Sep23
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 0.52 - - - 0.54

Versarien 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.


Versarien (LSE:VRS) Business Description

Industry
Traded in Other Exchanges
Address
Monmouth Road, Units 1A-D, Longhope Business Park, Longhope, Gloucestershire, GBR, GL17 0QZ
Versarien PLC is an IP-led advanced engineering materials group that utilizes proprietary technology to create innovative new engineering solutions. The business activities of the group function through Graphene and Plastic Products and Hard Wear and Metallic Product segments. Graphene and Plastic Products focused on delivering graphene solutions through plastics and carbon fibre composites, and Hard Wear and Metallic Products focused on delivering aluminium and tungsten carbide products. Geographically, the company operates in the UK, North America, the Rest of Europe, and others.