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Schmitt Industries (STU:SI1A) Buildings And Improvements : €1.96 Mil (As of May. 2022)


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What is Schmitt Industries Buildings And Improvements?

Schmitt Industries's quarterly buildings and improvements declined from Nov. 2021 (€1.30 Mil) to Feb. 2022 (€1.27 Mil) but then increased from Feb. 2022 (€1.27 Mil) to May. 2022 (€1.96 Mil).

Schmitt Industries's annual buildings and improvements increased from May. 2020 (€1.70 Mil) to May. 2021 (€2.46 Mil) but then declined from May. 2021 (€2.46 Mil) to May. 2022 (€1.96 Mil).


Schmitt Industries Buildings And Improvements Historical Data

The historical data trend for Schmitt Industries'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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Schmitt Industries Buildings And Improvements Chart

Schmitt Industries Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.62 1.70 2.46 1.96

Schmitt Industries Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 2.46 2.59 1.30 1.27 1.96

Schmitt Industries 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.


Schmitt Industries (STU:SI1A) Business Description

Traded in Other Exchanges
N/A
Address
2765 North West Nicolai Street, Portland, OR, USA, 97210
Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. Xact product line includes satellite-focused remote tank monitoring products and related monitoring services for markets in the IoT environment. The Company also manufactures, wholesales, and retails ice cream and related products.

Schmitt Industries (STU:SI1A) Headlines

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