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Harvest Technology Group (ASX:HTG) Buildings And Improvements : A$0.00 Mil (As of Dec. 2023)


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What is Harvest Technology Group Buildings And Improvements?


Harvest Technology Group Buildings And Improvements Historical Data

The historical data trend for Harvest Technology 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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Harvest Technology Group Buildings And Improvements Chart

Harvest Technology Group Annual Data
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Harvest Technology Group Semi-Annual Data
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Harvest Technology 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.


Harvest Technology Group (ASX:HTG) Business Description

Traded in Other Exchanges
N/A
Address
16 Ord Street, Ground Floor, West Perth, Perth, WA, AUS, 6005
Harvest Technology Group Ltd provides hardware and software solutions to the energy, resources, and renewables sectors. The company's software solutions provide secure encrypted transfer of data, including high-definition video and audio, from anywhere via satellite or congested networks at ultra-low bandwidths. It operates in two segments: Subsea and asset integrity risk mitigation and Remote communications technology. The majority of the revenue comes from the Remote communications technology segment that generates income from the provision of data transfer, encryption, and compression services to clients operating in offshore and remote environments.

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