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SkyCity Entertainment Group (ASX:SKC) Buildings And Improvements : A$0.0 Mil (As of Dec. 2023)


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What is SkyCity Entertainment Group Buildings And Improvements?

SkyCity Entertainment Group Buildings And Improvements Historical Data

The historical data trend for SkyCity Entertainment 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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SkyCity Entertainment Group Buildings And Improvements Chart

SkyCity Entertainment Group Annual Data
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Buildings And Improvements
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SkyCity Entertainment Group Semi-Annual Data
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SkyCity Entertainment 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.

SkyCity Entertainment Group (ASX:SKC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SkyCity Entertainment Group Ltd (ASX:SKC) » Definitions » Buildings And Improvements
Comparable Companies
SGX:M44U SGX:CLN SGX:BS6 SGX:1AZ SGX:NEX SGX:E5H SGX:O5RU SGX:BTM SGX:RQ1 SGX:I49 LVS HKSE:01928 HKSE:00027 MGM WYNN SGX:G13 CZR MTN HKSE:02282 HKSE:01128
Traded in Other Exchanges
SKYZF:USA SKC:New Zealand RX4:Germany
Address
99 Albert Street, Level 13, P.O. Box 6443, Auckland, NTL, NZL, 1010
Website
https://www.skycityentertainmentgroup.com
SkyCity Entertainment operates a number of casino-hotel complexes across Australia and New Zealand. The flagship property is SkyCity Auckland, the holder and operator of an exclusive casino licence (expiring in 2048) in New Zealand's most populous city. The company also owns smaller casinos in Hamilton and Queenstown. In Australia, the company operates SkyCity Adelaide (exclusive licence expiring in 2035).

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