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Magnet Forensics (TSX:MAGT) Buildings And Improvements : C$5.0 Mil (As of Dec. 2022)


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What is Magnet Forensics Buildings And Improvements?

Magnet Forensics's quarterly buildings and improvements stayed the same from Jun. 2022 (C$0.0 Mil) to Sep. 2022 (C$0.0 Mil) but then increased from Sep. 2022 (C$0.0 Mil) to Dec. 2022 (C$5.0 Mil).

Magnet Forensics's annual buildings and improvements declined from Dec. 2020 (C$6.7 Mil) to Dec. 2021 (C$5.8 Mil) and declined from Dec. 2021 (C$5.8 Mil) to Dec. 2022 (C$5.0 Mil).


Magnet Forensics Buildings And Improvements Historical Data

The historical data trend for Magnet Forensics'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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Magnet Forensics Buildings And Improvements Chart

Magnet Forensics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Buildings And Improvements
2.68 8.14 6.72 5.76 4.98

Magnet Forensics Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 5.76 - - - 4.98

Magnet Forensics 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.


Magnet Forensics (TSX:MAGT) Business Description

Traded in Other Exchanges
N/A
Address
2220 University Avenue East, Suite 300, Waterloo, ON, CAN, N2K0A8
Magnet Forensics Inc is a developer of digital investigation software. It acquires, analyzes, reports on, and manages evidence from digital sources, including computers, mobile devices, IoT devices and cloud services.

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