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NOV (FRA:NO8) Buildings And Improvements : €0 Mil (As of Mar. 2024)


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What is NOV Buildings And Improvements?

NOV's quarterly buildings and improvements increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€1,178 Mil) but then declined from Dec. 2023 (€1,178 Mil) to Mar. 2024 (€0 Mil).

NOV's annual buildings and improvements increased from Dec. 2021 (€1,158 Mil) to Dec. 2022 (€1,181 Mil) but then declined from Dec. 2022 (€1,181 Mil) to Dec. 2023 (€1,178 Mil).


NOV Buildings And Improvements Historical Data

The historical data trend for NOV'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.

* Premium members only.

NOV Buildings And Improvements Chart

NOV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,178.10 1,103.95 1,158.47 1,180.94 1,178.35

NOV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 1,178.35 -

NOV 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.


NOV (FRA:NO8) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NOV Inc (FRA:NO8) » Definitions » Buildings And Improvements
Traded in Other Exchanges
Address
10353 Richmond Avenue, Houston, TX, USA, 77042-4103
NOV (formerly National Oilwell Varco) is a leading supplier of oil and gas drilling rig equipment and products, such as downhole tools, drill pipe, and well casing. The company operates on a global scale, with international markets contributing more than 60% of its annual revenue.

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