Veritas Farms (Veritas Farms) Buildings And Improvements : $2.49 Mil (As of Sep. 2023)

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What is Veritas Farms Buildings And Improvements?

Veritas Farms's quarterly buildings and improvements stayed the same from Mar. 2023 ($2.49 Mil) to Jun. 2023 ($2.49 Mil) and stayed the same from Jun. 2023 ($2.49 Mil) to Sep. 2023 ($2.49 Mil).

Veritas Farms's annual buildings and improvements declined from Dec. 2020 ($2.52 Mil) to Dec. 2021 ($2.49 Mil) but then increased from Dec. 2021 ($2.49 Mil) to Dec. 2022 ($2.49 Mil).

Veritas Farms Buildings And Improvements Historical Data

The historical data trend for Veritas Farms'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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Veritas Farms Buildings And Improvements Chart

Veritas Farms Annual Data

Trend

Jan16

Jan17

Dec18

Dec19

Dec20

Dec21

Dec22

Buildings And Improvements

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2.16

2.43

2.52

2.49

Veritas Farms Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Buildings And Improvements	Get a 7-Day Free Trial															2.49	2.49	2.49	2.49	2.49

Veritas Farms 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.

Veritas Farms (Veritas Farms) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Veritas Farms Inc (OTCPK:VFRM) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 E. Las Olas Boulevard, Suite 1400, Fort Lauderdale, FL, USA, 33001

Website

https://www.theveritasfarms.com

Veritas Farms Inc is engaged in producing natural rich-hemp products, using strict natural protocols and materials yielding broad spectrum phytocannabinoid rich hemp oils, distillates and isolates. Its products include Full Spectrum CBD Tincture, Full Spectrum CBD Salve, Full Spectrum CBD Capsules, Full Spectrum CBD Lotion and Others.