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Theeb Car Rental Co (SAU:4261) Buildings And Improvements : ﷼93 Mil (As of Mar. 2024)


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What is Theeb Car Rental Co Buildings And Improvements?

Theeb Car Rental Co's quarterly buildings and improvements increased from Sep. 2023 (﷼103 Mil) to Dec. 2023 (﷼112 Mil) but then declined from Dec. 2023 (﷼112 Mil) to Mar. 2024 (﷼93 Mil).

Theeb Car Rental Co's annual buildings and improvements increased from Dec. 2021 (﷼104 Mil) to Dec. 2022 (﷼117 Mil) but then declined from Dec. 2022 (﷼117 Mil) to Dec. 2023 (﷼112 Mil).


Theeb Car Rental Co Buildings And Improvements Historical Data

The historical data trend for Theeb Car Rental Co'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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Theeb Car Rental Co Buildings And Improvements Chart

Theeb Car Rental Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
131.53 103.88 116.96 111.85

Theeb Car Rental Co Quarterly Data
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 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 93.69 104.93 103.11 111.85 92.86

Theeb Car Rental Co 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.


Theeb Car Rental Co (SAU:4261) Business Description

Traded in Other Exchanges
N/A
Address
North Ring Road, between Exit 12 and 13, P.O. Box 9551, Al Rawda District, Riyadh, SAU, 11423
Theeb Car Rental Co is engaged in car rental and leasing. It operates in three segments namely: Short term lease; Long term lease; and Other. Short term lease segment represents activities involving the leasing of cars to customers under short-term rental arrangements (daily and monthly). Long term lease segment represents activities involving the leasing of cars to customers under medium to longer-term operating lease arrangements. Car sales (others) represents the sales of vehicles that were previously held as a part of the lease or rental fleet. Majority of revenue is generated from Short term lease.

Theeb Car Rental Co (SAU:4261) Headlines

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