Market Cap : 921.4 M | Enterprise Value : 1.04 B | PE Ratio : 19.31 | PB Ratio : 2.41 |
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Quanex Building Products's quarterly buildings and improvements increased from Jul. 2020 ($0.0 Mil) to Oct. 2020 ($100.6 Mil) but then declined from Oct. 2020 ($100.6 Mil) to Jan. 2021 ($0.0 Mil).
Quanex Building Products's annual buildings and improvements increased from Oct. 2018 ($98.2 Mil) to Oct. 2019 ($101.6 Mil) but then declined from Oct. 2019 ($101.6 Mil) to Oct. 2020 ($100.6 Mil).
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
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.
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