Saudi Aramco Base Oil Co - Luberef (SAU:2223) Buildings And Improvements : ﷼331 Mil (As of Mar. 2024)

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What is Saudi Aramco Base Oil Co - Luberef Buildings And Improvements?

Saudi Aramco Base Oil Co - Luberef's quarterly buildings and improvements declined from Sep. 2023 (﷼343 Mil) to Dec. 2023 (﷼343 Mil) and declined from Dec. 2023 (﷼343 Mil) to Mar. 2024 (﷼331 Mil).

Saudi Aramco Base Oil Co - Luberef's annual buildings and improvements increased from Dec. 2021 (﷼331 Mil) to Dec. 2022 (﷼331 Mil) and increased from Dec. 2022 (﷼331 Mil) to Dec. 2023 (﷼343 Mil).

Saudi Aramco Base Oil Co - Luberef Buildings And Improvements Historical Data

The historical data trend for Saudi Aramco Base Oil Co - Luberef'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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Saudi Aramco Base Oil Co - Luberef Buildings And Improvements Chart

Saudi Aramco Base Oil Co - Luberef Annual Data

Trend

Dec21

Dec22

Dec23

Buildings And Improvements

330.70

330.98

342.52

Saudi Aramco Base Oil Co - Luberef Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial					330.98	343.91	343.22	342.52	331.50

Saudi Aramco Base Oil Co - Luberef 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.

Saudi Aramco Base Oil Co - Luberef (SAU:2223) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saudi Aramco Base Oil Co - Luberef (SAU:2223) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saudi Aramco Industrial Area, P.O. Box 5518, Jeddah, SAU, 21432

Website

https://www.luberef.com

Saudi Aramco Base Oil Co - Luberef is engaged in constructing, owning, and operating refineries of lubricating oils and to purchase, sell, transporting, marketing, importing, and exporting lubricating oils, additives, lubricating oil blending stocks, byproducts, and other related petroleum products. Geographically, the company operates in the Kingdom of Saudi Arabia, the United Arab Emirates, India, Egypt, Singapore, and Others.

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