LATAM Airlines Group (LATAM Airlines Group) Buildings And Improvements : $128 Mil (As of Mar. 2024)

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What is LATAM Airlines Group Buildings And Improvements?

LATAM Airlines Group's quarterly buildings and improvements increased from Sep. 2023 ($128 Mil) to Dec. 2023 ($129 Mil) but then declined from Dec. 2023 ($129 Mil) to Mar. 2024 ($128 Mil).

LATAM Airlines Group's annual buildings and improvements increased from Dec. 2021 ($122 Mil) to Dec. 2022 ($125 Mil) and increased from Dec. 2022 ($125 Mil) to Dec. 2023 ($129 Mil).

LATAM Airlines Group Buildings And Improvements Historical Data

The historical data trend for LATAM Airlines Group'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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LATAM Airlines Group Buildings And Improvements Chart

LATAM Airlines Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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133.49

123.84

121.97

124.51

129.04

LATAM Airlines Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial															125.51	127.47	127.71	129.04	127.89

LATAM Airlines Group 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.

LATAM Airlines Group (LATAM Airlines Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LATAM Airlines Group SA (OTCPK:LTMAY) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

LFL:Germany LTM:Chile

Address

Avenida Presidente Riesco No. 5711, 20th Floor, Las Condes, Santiago, CHL

Website

https://www.latamairlinesgroup.net

LATAM Airlines Group SA operates as a passenger airline group. Geographically, the company operates in Brazil, Chile, Colombia, Ecuador, and Peru, along with international operations within Latin America and to Europe, the US, and the Caribbean. The firm generates its revenue from transporting passengers and cargo.