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GlobalWealth Group (CYS:WEALTH) Buildings And Improvements : €0.00 Mil (As of . 20)


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What is GlobalWealth Group Buildings And Improvements?


GlobalWealth Group Buildings And Improvements Historical Data

The historical data trend for GlobalWealth 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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GlobalWealth Group Buildings And Improvements Chart

GlobalWealth Group Annual Data
Trend
Buildings And Improvements

GlobalWealth Group Semi-Annual Data
Buildings And Improvements

GlobalWealth 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.


GlobalWealth Group Business Description

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Traded in Other Exchanges
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Address
12 Prevezis Street, Nicosia, CYP, 1065
GlobalWealth Group PLC formerlyWealth Avenue PLC is engaged in providing investments in real estate for a consistent income stream. The company provides a range of investment options aiming to ensure an attractive dividend policy, long-term capital appreciation, and wealth preservation for its investors and shareholders. Geographically, the company currently operates in Greece.

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