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Sims (ASX:SGM) Buildings And Improvements : A$0 Mil (As of Dec. 2023)


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What is Sims Buildings And Improvements?


Sims Buildings And Improvements Historical Data

The historical data trend for Sims'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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Sims Buildings And Improvements Chart

Sims Annual Data
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Buildings And Improvements
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Sims Semi-Annual Data
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Sims 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.


Sims (ASX:SGM) Business Description

Industry
Traded in Other Exchanges
Address
189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, AUS, 2020
Sims Ltd was created from the 2008 merger of two metal-recycling companies: Australia's Sims Group and America's Metal Management. The company is publicly traded metal and electronics recycler, with roughly half of its revenue generated in North America and the balance split between Australasia and Europe. The company buys, processes and sells ferrous and non-ferrous discarded metals. The company's segment includes North America Metal, Australia/New Zealand Metal, Global Trading, Investment in SA Recycling, UK metal, and Sims Lifecycle Services. The company generates the majority revenue from North America Metal segment.

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