Globe Telecom (PHS:GLO) Buildings And Improvements : ₱68,452 Mil (As of Dec. 2023)

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What is Globe Telecom Buildings And Improvements?

Globe Telecom's quarterly buildings and improvements increased from Jun. 2023 (₱71,665 Mil) to Sep. 2023 (₱74,156 Mil) but then declined from Sep. 2023 (₱74,156 Mil) to Dec. 2023 (₱68,452 Mil).

Globe Telecom's annual buildings and improvements declined from Dec. 2021 (₱84,980 Mil) to Dec. 2022 (₱63,449 Mil) but then increased from Dec. 2022 (₱63,449 Mil) to Dec. 2023 (₱68,452 Mil).

Globe Telecom Buildings And Improvements Historical Data

The historical data trend for Globe Telecom'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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Globe Telecom Buildings And Improvements Chart

Globe Telecom Annual Data

Trend

Dec14

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Dec16

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Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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66,042.59

69,930.18

84,980.39

63,449.09

68,451.71

Globe Telecom Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															63,449.09	69,190.28	71,665.04	74,155.56	68,451.71

Globe Telecom 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.

Globe Telecom (PHS:GLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Globe Telecom Inc (PHS:GLO) » Definitions » Buildings And Improvements

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GTMEY:USA

Address

32nd Street Corner 7th Avenue, 27th Floor, The Globe Tower, Bonifacio Global City, Taguig, PHL, 1634

Website

https://www.globe.com.ph

Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line and Broadband Business. Mobile involves traditional mobile services and contributes the majority of company revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines.